687 Melbourne Avenue, Ottawa, Ontario K2A1X4

Listing courtesy of RE/MAX HALLMARK REALTY GROUP.

$998,900
List Price
$998,900
Price Change
▲ $99,000 1648249162
MLS®
1282071
Days on Market
64
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Subdivision
Laurentianview

Property Description

An absolutely impeccable legal duplex in one of the most sought after neighbourhoods in Ottawa! This is a must see. Top floor 2 bedroom unit features a plethora of light and could be featured in a magazine. Current tenant is paying $2100 all in, leased until Jan 31st 2023. Lower level is rented for $2500 all in but soon vacant, perfect for a live-in investor. This 2 bedroom unit has access to the full basement, OR finish the basement to make it a triplex with it's own entrance (Buyer to do their diligence). The possibilities endless! Cap rate over 4.7% plus huge upswing potential. Steps from Dovercourt, Broadview School, Nepean High School, and the shops of Westboro!! (id:2579)

Additional Information

Heating Fuel
Natural gas
Subdivision
Laurentianview
Parking Spaces
5
Levels
2
Country
Canada
Flooring
Mixed Flooring, Hardwood
Sewer
Municipal sewage system
Frontage Length
33 ft
Heating
Forced air
Total Number Of Units
2
Stories
2

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks