259 BRADLEY Avenue, Ottawa, Ontario K1L7E8

Listing courtesy of RE/MAX HALLMARK REALTY GROUP.

$649,900
List Price
$649,900
MLS®
1362869
Days on Market
65
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Lot Size Dimensions
0.14
Lot Size
6,098
Subdivision
Vanier

Property Description

Attention Developers, Investors and First-time Buyers!! Duplex with ADDITIONAL 3rd unit on massive 66 x 95 ft lot. 2 lots for the price of 1!! Take advantage of the new federal government (GST) rebate on new qualifying rental. Just a short 10-minute drive to downtown Ottawa. Property zoned R4UA which offers plenty of development options. Draft concept for 8 unit development options available for review. All 3 units consist of 2 bedrooms and 1 bathroom. Unit 3 features balcony while unit 2 offers walk-out deck in rear. Parking for all 3 units. Rents are significantly below market value. Unit 1 currently left vacant, Unit 2 $1,295 + hydro, and Unit 3 $836 + hydro. On turnover, with a quick refresh, rents can be increased substantially. Great upside for the smart investor looking to add value to their portfolio. (id:5764)

Additional Information

Subdivision
Vanier
Parking Spaces
3
Cooling
None
Country
Canada
Flooring
Hardwood, Laminate
Sewer
Municipal sewage system
Heating
Hot water radiator heat, Radiant heat, Natural gas
Lot Features
Cul-de-sac
Total Number Of Units
3
Stories
2
Lot Size
6,098

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Please consult a financial professional.
Calculator source: Real Geeks