241 FERLAND Street, Vanier and Kingsview Park | Image 1

241 FERLAND Street

Vanier and Kingsview Park, 3402 - Vanier

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

Sold on Oct 07, 2024

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

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  • Type: Duplex

  • Lot Size: 39.95 x 50.01

  • Age: No Data

  • Taxes: $3,228 per year

  • Days on Site: 150 Days

  • Added: Nov 05, 2024 (4 months on market)

  • Updated:

  • Last Checked: 3 hours ago

  • MLS®#: X9427687

  • Listed By: Engel & volkers ottawa

Flooring: Tile, Flooring: Vinyl, 241 Ferland: Strategically located legal duplex, fully tenanted updated units that generate excellent cash flow ($2300 up mth to mth/$2000 down June 2024) & R4E Zoning. The property offers three beds and one bath upstairs, with 2 beds and one bath downstairs. The property has been extensively renovated and improved both inside and out with newer kitchens, updated bathrooms, insulation, witing, fixtures and far more. Located in an area that sees very high demand this could be an easy investment property to purchase and manage as you grow your real estate portfolio and increase your income over time with solid tenancies and the future appreciation in values near Beechwood. Featuring separate entrances, luxury vinyl flooring, updated kitchens and baths, recent windows, a metal roofing system and newer gas furnace. Building is a true investment property that is well priced and worth pursuing. $51,600 GOI/$43,692 NOI/Cap 7% RETURN*** Staggering 7% return on investment*****, Flooring: Hardwood

Status

  • Days on Market: 150

  • Last Status: Sold

  • Sold Date: Oct 07, 2024

  • Closed Date: Dec 02, 2024

  • Expiry Date: Oct 31, 2024

  • Sold Price: $620,000

  • Unavailable Date: Nov 30, -0001

  • Input Date: May 11, 2024

Property

  • Status: Sale

  • Property Type: Duplex

  • Area: Vanier and Kingsview Park

  • Community: 3402 - Vanier

  • Availability Date: Flex

Inside

  • Air Conditioning: None

Utilities

  • Gas: Yes

Building

  • Basement: Finished

  • Basement 2: Full

  • Heat Type: Forced Air

  • Heat Source: Gas

  • Exterior: Brick

  • Water Supply: Municipal

Parking

  • Garage Type: Surface

  • Total Parking Spaces: 1

Fees

  • Tax Year: 2023

  • Tax Legal Description: PCL 258-1, SEC 4M-25 ; PT LT 258, PL 4M-25 , COMMENCING AT A POI

  • Taxes: $3,228

Highlights

  • Feature: Park

  • Feature: Public Transit

Land

  • Cross Street: A one minute walk to

  • Municipality District: Vanier and Kingsview Park

  • Fronting On: North

  • Parcel Number: 042300328

  • Sewer: Sewers

  • Lot Depth: 50.01

  • Lot Frontage: 39.95

  • Zoning: R4

Map of 241 FERLAND Street, Vanier and Kingsview Park
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