Size
-
Lot size
5000 sqft
Street frontage
-
Possession
2025-06-01
Price per sqft
$553 - $755
Taxes
$4,569 (2024)
Parking Type
-
Style
2-Storey
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Description
Welcome to 844 Norton Ave, a prime investment opportunity nestled in one of Ottawas rapidly developing neighbourhoods. This well-maintained duplex is a rare find, offering a fantastic opportunity for investors and developers alike. The property is comprised of two tenant-occupied units, both boasting excellent tenants who take pride in their spaces. The main level features a spacious 3-bedroom, 1-bathroom unit with plenty of natural light and comfortable living space. The lower level offers a cozy 2-bedroom, 1-bathroom unit, perfect for additional rental income. Generating an annual gross revenue of $42,060, this property serves as a lucrative turn-key investment while you plan your next development. With the surrounding area experiencing significant growth and new developments, this property presents an ideal opportunity to purchase and hold for future gains. Situated on a street that has seen substantial revitalization, this duplex not only offers consistent rental income but also holds incredible potential for future redevelopment. Whether youre looking to expand your real estate portfolio or secure a strategic development site, 844 Norton Ave is the perfect choice.
Broker: SLEEPWELL REALTY GROUP LTD
MLS®#: X12133393
Property details
Parking:
5
Parking type:
-
Property type:
Duplex
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
1100-1500 sqft
Lot front:
50 Ft
Lot depth:
100 Ft
Listed on:
May 8, 2025
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Instant estimate:
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$3,543
lower than listed pricei
High
$867,780
Mid
$826,457
Low
$785,134
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