Size
-
Lot size
1418 sqft
Street frontage
-
Possession
Flexible
Price per sqft
-
Taxes
$5,827.36 (2024)
Parking Type
-
Style
2-Storey
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Description
Beautifully renovated duplex with in-law suite in Vanier North offering an incredible investment opportunity with exceptional rental income of $4,960/month, potential cash flow of $1,000+ per month, and a 6.4% cap rate. The lower units (1 bed, 1 bath each) are newly tenanted for a combined $2,900/month, while the upper 3-bed unit is rented at $2,060/month. Tenants pay their own hydro and heat, keeping operating costs low. Located just a couple of blocks from Beechwood, this property provides easy access to groceries, transit, restaurants, shopping, and more, making it a highly desirable rental location. Extensive renovations include the lower level being completely re-plumbed, LVT flooring throughout, updated bathrooms and kitchens in the lower level, motion-activated common area lighting, new or refurbished appliances, upgraded upstairs electrical panel, new high-efficiency heaters in basement apartments and common area, and fresh paint throughout. This turnkey property offers strong cash flow, low maintenance, and excellent long-term value. Financials are available in the attachments. Schedule your viewing today!
Broker: ENGEL & VOLKERS OTTAWA
MLS®#: X12057410
Property details
Parking:
4
Parking type:
-
Property type:
Triplex
Heating type:
Baseboard
Style:
2-Storey
MLS Size:
-
Lot front:
14 Ft
Lot depth:
99 Ft
Listed on:
Apr 2, 2025
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Instant estimate:
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$49,519
higher than listed pricei
High
$860,390
Mid
$819,419
Low
$778,448