$969,000

House For Sale In Cummings, Ottawa, Ontario

$969,000

Property Information:

Exceptional Builder & Investor Opportunity! Income Generating Multi-family. Seize the chance to own this outstanding all brick Multi-family (Lower unit non-confirming), boasting a gross annual income of $85,188. This solidly upgraded property offers incredible value + potential for builders & investors. PROPERTY HIGHLIGHTS: Top Floor (Unit 2) - Brigtht 2 bedrm apartment, updated kitchen & bathrm, current rent $2,500/mth. Main Floor (Unit 1) - Spacious layout w/ a large kitchen & a generous living room, 2 large bedrms, currently vacant ready to rent at current market rent. Lower Level (Unit 3) - Expansive 2+ bed apartment, current rent $1,700/month. Extra income from 2 car garage, currently at $400/mth + 10 available parking spots for tenants. This lot offers ample space & potential for future development. Don't miss out on this investment opportunity. Call now to schedule a viewing & secure your future with this high potential property! 24hrs for Showings.

Property Features:

  • Annual Tax Amount: $5,052
  • Air Conditioning Desc: Central Air Conditioning
  • Basement Description: Full
  • Basement Dev: Fully Finished
  • Built in: 1960
  • Exterior Finish: Brick
  • Floor Covering: Mixed
  • Heat Desc: Forced Air
  • Lot Depth: 38.92 Metre
  • Lot Frontage: 19.03 Metre
  • Neighbourhood Influences: Playground Nearby, Public Transit Nearby, Recreation Nearby, Shopping Nearby
  • Parking Desc: 2 Garage Detached, Surfaced
  • Sewer Type: Sewer Connected
  • Site Influences: Patio
  • Type of Dwelling: Triplex
  • Zoning: Residential
  • Heating Fuel: Natural Gas
  • Water Supply: Municipal
  • No. of Parking Spaces: 10

Revenue Units:

  • Bedrooms 2
  • Potential Monthly Revenue $4,500
  • Bedrooms 2
  • Potential Monthly Revenue $4,500
  • Bedrooms 2
  • Potential Monthly Revenue $4,500

Courtesy of: Royal LePage Team Realty

Data provided by: Ottawa Real Estate Board 1826 Woodward Drive, Ottawa, Ontario K2C 0P7
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved