Sold on Jul 11, 2022
Note: Property is not currently for sale or for rent.
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Type: Detached
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Style: Bungalow
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Lot Size: 74.93 x 135.08 Feet
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Age: No Data
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Taxes: $4,101 per year
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Days on Site: 7 Days
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Added: Jul 04, 2022 (1 week on market)
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Updated:
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Last Checked: 1 month ago
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MLS®#: X5685084
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Listed By: Keller williams realty centres, brokerage
Incredible 8 Bedroom 8 Bathroom Legal 2-Unit Investment With A 7.25% Cap Rate And $1,716 Monthly Cash Flow. Welcome To 1916 Belcourt In The Heart Of Orleans, The Centrally Located Turn-Key Property Investors Dream Of. Two Expertly Designed Units, Each With 4 Bedrooms And 4 Full Bathrooms. Yes, Even The Lower Is A 4 Bedroom Unit With Every Bedroom Hosting A Private Ensuite; Perfect For The Option Of Renting To A Household Of Students Or Young Professionals. The Result? An Absolute Cash Cow, The Best Available In Ottawa. Both Units Are Tenanted; Upper Unit To A Lovely Retired Couple For $2,378 Monthly And The Lower To A Group Of 4 Women For $2,770 Monthly. The Total Is A Phenomenal $5,148 Per Month. Goi $5,147, Noi $50,763, P&I $30,176 @3.5%, Cashflow $20,587. Smart Investment; Huge Cashflow Insulates You From Interest Rates. Click The More Photos Button On Realtor.Ca For Full Financial Analysis. Offers Presented Monday July 11th. Seller Reserves The Right To Accept Pre-Emptive Offers.
Extras
Fully Renovated In 2021. Legal Basement Apartment Added 2021. Extremely Efficient Natural Gas Boiler System Supplies Heat And Hot Water For Both Units. Inclusions: 2 Washer/Dryer Combos, 2 Refrigerators, 2 Stoves, 2 Dishwashers.
Status
Days on Market: 7
Last Status: Sold
Sold Date: Jul 11, 2022
Closed Date: Sep 12, 2022
Expiry Date: Dec 31, 2022
Sold Price: $801,000
Unavailable Date: Jul 11, 2022
Input Date: Jul 05, 2022
Prior LSC: Listing with no contract changes
Property
Status: Sale
Property Type: Detached
Style: Bungalow
Area: Ottawa
Community: Ottawa
Availability Date: Asap; Flexible
Inside
Bedrooms: 4
Bedrooms Plus: 4
Bathrooms: 8
Kitchens: 1
Kitchens Plus: 1
Rooms: 10
Den/Family Room: No
Air Conditioning: Wall Unit
Fireplace: No
Washrooms: 8
Building
Basement: Apartment
Basement 2: Finished
Heat Type: Radiant
Heat Source: Gas
Exterior: Alum Siding
Water Supply: Municipal
Special Designation: Unknown
Parking
Driveway: Private
Garage Type: None
Covered Parking Spaces: 3
Total Parking Spaces: 3
Fees
Tax Year: 2022
Tax Legal Description: Part Lot 66 Rcp 906, Part 3 Plan 4R-24372. City Of
Taxes: $4,101
Land
Cross Street: Jeanne D'arc And Orl
Municipality District: Ottawa
Fronting On: West
Parcel Number: 044160168
Pool: None
Sewer: Sewers
Lot Depth: 135.08 Feet
Lot Frontage: 74.93 Feet
Additional Media
- Virtual Tour: https://www.youtube.com/watch?v=0St0P5z-djI
École élémentaire catholique Reine-des-Bois
Elementary: CatholicSt. Kateri Tekakwitha Elementary School
Elementary: CatholicÉcole élémentaire catholique d'enseignement personnalisé La Source
Elementary: CatholicÉcole élémentaire catholique Saint-Joseph d'Orléans
Elementary: CatholicHenry Larsen Elementary School
Elementary: PublicÉcole intermédiaire catholique Garneau
Elementary: CatholicÉcole secondaire catholique Mer Bleue
Secondary: CatholicNorman Johnston Secondary Alternate Prog
Secondary: PublicSt Matthew High School
Secondary: CatholicÉcole secondaire catholique Garneau
Secondary: CatholicCairine Wilson Secondary School
Secondary: PublicSir Wilfrid Laurier Secondary School
Secondary: Public
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