821 NORTON Avenue, Ottawa, Ontario K2B5P5

Listing courtesy of RE/MAX HALLMARK REALTY GROUP.

$989,899
List Price
$989,899
Price Change
▼ $1 1727806912
MLS®
1412768
Days on Market
21
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Lot Size Dimensions
50 ft X 100 ft
Subdivision
Queensway Terrace North

Property Description

76K+ income & 65K+ cash flow! Charming duplex featuring a basement in-law suite nestled in a highly sought-after location, boasting proximity to public transportation, amenities, and easy access to 417 & Ottawa Parkway. This sturdy building showcases various updates over the years. The property boasts 4 hydro meters, 2 gas meters, 2 furnaces & 2 ACs. Enjoy a generous fenced yard with a spacious shed. The owner occupied spacious UPPER UNIT, offers 3 bedrooms, 1 bath with a projected rent of $2400 + hydro + gas. It features a roomy living/dining/kitchen area with ample natural light and a newer balcony. The MAIN UNIT, 3 bedrooms and 1 bath is rented of $2250 + gas + hydro since February 2024. The BASEMENT tenant has given notice to vacate end of November - expected new rent is estimated to be $1,750 + hydro for Dec 1. This is a solid investment opportunity in a fantastic location! Contact us today to schedule a personalized viewing and discover the full potential of this property. (id:5764)

Additional Information

Subdivision
Queensway Terrace North
Parking Spaces
4
Cooling
Central air conditioning
Country
Canada
Flooring
Hardwood, Mixed Flooring
Sewer
Municipal sewage system
Heating
Forced air, Natural gas
Total Number Of Units
3
Stories
2

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks