821 Norton Avenue Ottawa, Ontario K2B 5P5
$989,899
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:31145)
Property Details
| MLS® Number | 1412768 |
| Property Type | Multi-family |
| Neigbourhood | Queensway Terrace North |
| Amenities Near By | Public Transit, Recreation Nearby, Shopping |
| Parking Space Total | 4 |
Building
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Constructed Date | 1964 |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Stone, Stucco |
| Fireplace Present | No |
| Flooring Type | Mixed Flooring, Hardwood |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Type | Duplex |
| Utility Water | Municipal Water |
Parking
| Carport | |
| Open |
Land
| Acreage | No |
| Land Amenities | Public Transit, Recreation Nearby, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 100 Ft |
| Size Frontage | 50 Ft |
| Size Irregular | 50 Ft X 100 Ft |
| Size Total Text | 50 Ft X 100 Ft |
| Zoning Description | Residential |
https://www.realtor.ca/real-estate/27449145/821-norton-avenue-ottawa-queensway-terrace-north
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Ottawa Real Estate Board
RE/MAX Hallmark Realty Group
October 01 2024 01:11:43
