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Key Facts

Type Single Family Residence
Levels Residential
Size -
Garage No
Taxes $4,231
Days Active 0
Lot Size 
Approx. Age 
MLS® Number X12404144

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

This meticulously maintained detached two unit property on a generous corner lot in Ottawa's vibrant Vanier neighbourhood offers two self-contained units, each with separate electrical meters and in unit laundry. The main and lower-level two bed unit and bright one bed top-floor suite. 2 bedroom unit features a renovated kitchen and bathroom, durable laminate, luxury vinyl plank and tile floors, a fully finished basement. Roof refreshed just a few years ago, and reliable mechanicals throughout. Outside, the low maintenance exterior boasts extensive interlock and stone landscaping, an aluminum backyard deck and included woodshed, plus parking for 4 cars an ideal setup for owner occupiers or investors. All major appliances remain, and both units will be vacant at possession. With projected rents of $2, 300 and $1, 700, owner occupiers could live here for only $1, 370 per month in housing expenses (with 20% down at a 4.25% rate taking into account income from 1 bedroom and expenses), or investors can expect an estimated true 5.11% cap rate renting both units (13.9%+ ROI, DSR of 1.29). Ideally located for transit with major bus routes delivering you downtown in minutes this home is also walking distance to eclectic shops, grocers and cafés along Beechwood Avenue, community parks such as Richelieu and Vanier Park, and local schools including Trille des Bois, Mauril Belanger and others. Vanier has seen significant community investment and is known for its cultural spirit, francophone roots, annual maple sugar festival and strong local cohesion making this a move-in-ready opportunity in one of Ottawa's most diverse and development minded neighbourhoods.Show Description
MLS® NumberX12404144
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
BasementFull, Finished
DrivewayGarage Type:None
Garage Spaces
HeatGas, Forced Air
A/CCentral Air
Heating Fuel

Extras

Rooms

Show Details
Kitchen:Second7.39 × 8.17 ft

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