208 - 210 RENOUF AVENUE new

Ottawa,ON K1K3T1

$ 859000

5 Beds

2 Baths

2000 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $429

Subdivision 3502 - Overbrook/Castle Heights

MLS Listing ID X12203591

Style Raised bungalow

Bedrooms 5

Source Ottawa Real Estate Board

Property Description

LEGAL DUPLEX IN PRIME OVERBROOK LOCATION GENERATING $4,500 PER MONTH IN RENTAL INCOME. THIS PURPOSE-BUILT, FULLY RENOVATED DUPLEX OFFERS A TURN-KEY INVESTMENT OPPORTUNITY WITH A STRONG INCOME STREAM THAT CAN CARRY APPROXIMATELY $855,051 IN MORTGAGE AT CURRENT RATES. THE UPPER UNIT IS RENTED FOR $2,500/MONTH AND FEATURES THREE BEDROOMS, A BRIGHT OPEN-CONCEPT LIVING AND DINING SPACE, A BONUS LOUNGE/OFFICE OFF THE KITCHEN, A MODERNIZED KITCHEN WITH STAINLESS STEEL APPLIANCES, HARDWOOD FLOORS THROUGHOUT, AN UPDATED CERAMIC-TILED BATHROOM, IN-UNIT LAUNDRY, AND DIRECT ACCESS TO A PRIVATE BACKYARD WITH RAISED GARDEN BEDS AND A PATIO. THE LOWER UNIT IS RENTED FOR $2,000/MONTH AND FEATURES TWO BRIGHT BEDROOMS, HARDWOOD AND PORCELAIN TILE FLOORING, A SLEEK KITCHEN WITH GRANITE COUNTERS AND STAINLESS-STEEL APPLIANCES, A SPA-INSPIRED BATHROOM, PRIVATE ENTRANCE, IN-UNIT LAUNDRY, AND SHARED ACCESS TO THE LANDSCAPED YARD. BOTH UNITS HAVE THEIR OWN DEDICATED DRIVEWAY AND STORAGE AREAS. THE PROPERTY IS EQUIPPED WITH SEPARATE HYDRO METERS (TENANTS PAY HYDRO), ENERGY-EFFICIENT HEATING (OWNER PAYS HEAT), UPDATED WINDOWS AND INSULATION, AND A STRONG RENTAL HISTORY WITH QUALITY TENANTS IN PLACE. LOCATED ON A QUIET CUL-DE-SAC CLOSE TO TRANSIT, PARKS, BIKE PATHS, AND MINUTES TO DOWNTOWN OTTAWA, THIS PROPERTY IS IDEAL FOR SAVVY INVESTORS OR OWNER-OCCUPIERS SEEKING TO LIVE IN ONE UNIT WHILE EARNING INCOME FROM THE OTHER. A RARE FIND IN AN ESTABLISHED NEIGHBOURHOOD WITH EXCELLENT CASH FLOW POTENTIALBOOK YOUR PRIVATE SHOWING TODAY. (id:24570)

Location

Province ON

Rooms

Kitchen 2.0

Extra Room 1 Lower level 3.05 m X 3.28 m Primary Bedroom

Extra Room 2 Lower level 2.62 m X 3.32 m Bedroom 2

Extra Room 3 Lower level 2.9 m X 2.23 m Bathroom

Extra Room 4 Lower level 2.17 m X 2.05 m Utility room

Extra Room 5 Lower level 5.4 m X 3.28 m Living room

Extra Room 6 Lower level 2.85 m X 3.35 m Dining room

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Parking Features No

Fence Partially fenced,Fenced yard

View Y/N No

Total Parking Spaces 4

Private Pool No

Building

Lot Description Landscaped

Story 1

Sewer Sanitary sewer

Architectural Style Raised bungalow

Others

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