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. 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:4069)
Address |
821 NORTON AVENUE |
List Price |
$989,899 |
Property Type |
Multi-family |
Type of Dwelling |
Duplex |
Area |
Ontario |
Sub-Area |
Ottawa |
Lot Size |
50 ft X 100 ft Sq. Ft. |
Year Built |
1964 |
MLS® Number |
1412768 |
Listing Brokerage |
RE/MAX HALLMARK REALTY GROUP
|
Basement Area |
Full (Finished) |
Postal Code |
K2B5P5 |
Zoning |
Residential |
Site Influences |
Public Transit, Recreation Nearby, Shopping |