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$795,000
Status: For Sale
Renovated Legal Duplex - Take advantage of this unique legal duplex opportunity before the spring market heats up! Whether you're an investor or looking for a home with rental income, this property combines modern renovations, strong financials, and redevelopment potential. Property Features: Two Units: Unit 1 (Vacant): Renovated 3-bedroom unit with modern finishes, ready to rent at a projected $2,300/month, or ideal for owner-occupancy. Unit 2: Bright 2-bedroom unit rented at $1,790/month to long-term tenants. Separately metered, tenants pay all utilities! Separate Garage: Perfect for storage or additional rental income. Zoning: R4 - excellent potential for redevelopment or future expansion. Why This Property is a Smart Buy: Investors: Net Income: $42,770/year. ROI: Solid 5.5% at the current list price. Homeowners: Move into the vacant unit and let rental income help with your mortgage! Financial Snapshot: Annual Property Taxes (2024): $4,678 Annual Insurance: $1,632, Flooring: Hardwood, Flooring: Laminate
| Property Type | :Residential |
|---|---|
| MLS Number | :X10629536 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :22 Nov, 2024 (12 Hours ago) |
| Source | :TRREB |
| Area | :Ottawa |
|---|---|
| Postal Code | :
K1L 7M7
|
| Price | : $795,000 |
|---|---|
| Property Taxes | :$4678.00 |
| Tax Year | :2024 |
|---|
| No. of Rooms | :0 |
|---|---|
| Air Conditioning | :None |
| Heating | :Baseboard |
| Place of Worship | :No |
| Cross Street | :Hwy 417 exit Vanier Parkway, right on Montreal Rd, left on Hannah, Property is on the corner of Hannah and Carillon. |
| Fuel | :Electric |
|---|---|
| Virtual Tour | :Virtual Tour (External Link) |
| Exterior Finish | :Brick |
|---|---|
| Parking Space | :4 |
| Basement | :None |
| Garage | :Attached |
|---|---|
| Park | :Park |
22 Nov, 2024
TREB #X10629536
Listed
$795000.0
