242 Castlefrank Road, Ottawa | Image 1

242 Castlefrank Road

Ottawa, Kanata

  • - bed - bath
$XXX,XXX Listed: $XXX,XXX
Sold

Sold on Mar 03, 2022

Note: Property is not currently for sale or for rent.

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  • Type: Duplex

  • Style: Bungalow-Raised

  • Lot Size: 35.01 x 100 Feet

  • Age: No Data

  • Taxes: $2,763 per year

  • Days on Site: 2 Days

  • Added: Feb 28, 2022 (2 days on market)

  • Updated:

  • Last Checked: 1 hour ago

  • MLS®#: X5518490

  • Listed By: Keller williams realty centres, brokerage

6.2% Cap Rate In Ottawa! All Of The Work Of Adding A Secondary Dwelling Unit Is Done For You And Your Tenants Will Be The First To Enjoy These High-End Units. This Property Features Two Attractive And All-New Two-Bedroom Units. The Raised-Ranch Style Of This Bungalow Means That Even The Basement Apartment Has Big Bright Windows And A High-End Feel. Both Units Are Beautifully Finished With White Kitchens, Quartz Countertops, And Luxury Vinyl Plank Flooring.

Extras

Rents Project To Be $3600/Mo, $43,200 Annually. All Expenses Project To Be $6,094. Net $37,106. Cash Flow $1,354 Per Month; $16,248 Annually. Long-Term Cash Flow Is $487,440 Over 30Yrs W/O Rent Increases. High Eff. Gas Boiler & Sep. Hydro.

Status

  • Days on Market: 2

  • Last Status: Sold

  • Sold Date: Mar 03, 2022

  • Closed Date: Apr 04, 2022

  • Expiry Date: Aug 28, 2022

  • Sold Price: $720,500

  • Unavailable Date: Mar 03, 2022

  • Input Date: Mar 01, 2022

  • Prior LSC: Listing with no contract changes

Property

  • Status: Sale

  • Property Type: Duplex

  • Style: Bungalow-Raised

  • Area: Ottawa

  • Community: Kanata

  • Availability Date: 30-45;Flexible

Inside

  • Bedrooms: 2

  • Bedrooms Plus: 2

  • Bathrooms: 2

  • Kitchens: 1

  • Kitchens Plus: 1

  • Rooms: 5

  • Den/Family Room: No

  • Air Conditioning: None

  • Fireplace: No

  • Washrooms: 2

Building

  • Basement: Apartment

  • Heat Type: Water

  • Heat Source: Gas

  • Exterior: Brick

  • Exterior: Vinyl Siding

  • Water Supply: Municipal

  • Special Designation: Unknown

Parking

  • Driveway: Private

  • Garage Type: None

  • Covered Parking Spaces: 2

  • Total Parking Spaces: 2

Fees

  • Tax Year: 2021

  • Tax Legal Description: Pt Lt 876, Pl 886 , Part 12 & 30 , 5R2003 ; S/T Ct

  • Taxes: $2,763

Land

  • Cross Street: Terry Fox Dr & Castl

  • Municipality District: Ottawa

  • Fronting On: East

  • Parcel Number: 044810077

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 100 Feet

  • Lot Frontage: 35.01 Feet

Additional Media

  • Virtual Tour: https://www.youtube.com/watch?v=C-ZCSX-cF8g&feature=youtu.be
See 3D Tour of 242 Castlefrank Road, Ottawa
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