Sold on Jan 03, 2022
Note: Property is not currently for sale or for rent.
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Type: Duplex
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Style: Bungalow
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Lot Size: 35.83 x 118.14 Feet
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Age: 16-30 years
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Taxes: $3,745 per year
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Days on Site: 2 Days
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Added: Jan 01, 2022 (2 days on market)
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Updated:
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Last Checked: 1 month ago
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MLS®#: X5462574
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Listed By: Keller williams realty centres, brokerage
Extraordinarily Rare Ottawa Multi-Family Investment. 6% Cap Rate. $1,300+/Month Cash Flow. Fully Renovated, Vacant, Turnkey. Perfect For Investors, Owner-Occupants Looking For An Income Suite, Or Multi-Generational Families. Steps To St Francis Elementary School. Every Surface Brand New & High-End. White Kitchens, Quartz Counters, Glass Showers, Walk-In Closets In All 3 Upstairs Bedrooms. 5 Bedrooms & 3.5 Bathrooms Split Between 2 Legal Units In A Bungalow.
Extras
Gross Income $3,700+/M; $44,400+ Annually. All Expenses Only $7,055; Net Income $37,345. Cash Flow $1,301 Per Month. $468,360 Cash Flow Over 30Yrs On Current Rents. 5% Annual Increase Over 30Yrs Suggests $2.7-3.2M Future Value.
Status
Days on Market: 2
Last Status: Sold
Sold Date: Jan 03, 2022
Closed Date: Feb 24, 2022
Expiry Date: Jun 30, 2022
Sold Price: $800,000
Unavailable Date: Jan 03, 2022
Input Date: Jan 01, 2022
Prior LSC: Listing with no contract changes
Property
Status: Sale
Property Type: Duplex
Style: Bungalow
Age: 16-30
Area: Ottawa
Community: Ottawa
Availability Date: Flexible
Inside
Bedrooms: 3
Bedrooms Plus: 2
Bathrooms: 4
Kitchens: 1
Kitchens Plus: 1
Rooms: 6
Den/Family Room: No
Air Conditioning: Wall Unit
Fireplace: Yes
Washrooms: 4
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: Carport
Covered Parking Spaces: 5
Total Parking Spaces: 5
Fees
Tax Year: 2021
Tax Legal Description: Pcl 33-1, Sec 4M-844 ; Lt 33, Pl 4M-844 ; Cumberla
Taxes: $3,745
Land
Cross Street: Watters Rd & Charlem
Municipality District: Ottawa
Fronting On: North
Parcel Number: 14531003
Pool: None
Sewer: Sewers
Lot Depth: 118.14 Feet
Lot Frontage: 35.83 Feet
Zoning: R1U
Additional Media
- Virtual Tour: https://www.youtube.com/watch?v=YT_u5Wf2hRY
St Clare Elementary School
Elementary: CatholicSt Francis of Assisi Elementary School
Elementary: CatholicÉcole élémentaire catholique Arc-en-ciel
Elementary: CatholicTrillium Elementary School
Elementary: PublicÉcole élémentaire catholique Des Pionniers
Elementary: CatholicSt Peter Intermediate School
Elementary: CatholicÉcole secondaire catholique Mer Bleue
Secondary: CatholicÉcole secondaire publique Gisèle-Lalonde
Secondary: PublicÉcole secondaire catholique Garneau
Secondary: CatholicÉcole secondaire catholique Béatrice-Desloges
Secondary: CatholicSir Wilfrid Laurier Secondary School
Secondary: PublicSt Peter High School
Secondary: Catholic
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