$795,000 FOR SALE

Duplex

Bedrooms: 5Bathrooms: 2Lot: 60 x 66 ft

214 Hannah Street Street
Ottawa, ON K1L 7M7

Renovated Legal Duplex Take advantage of a unique legal duplex opportunity before the spring market heats up! Whether youre an investor or looking for a home with rental income, this property combines modern renovations, strong financials & redevelopment potential. Property Features: 2 Units: Unit 1: Lower Unit Bright 2-bedroom unit rented at $1,790/month until Sep 2025. Unit 2 : Upper Unit Renovated 3-bedroom unit with modern finishes, rented at 1,990/month. Separately metered, tenants pay all utilities. Separate Garage: Perfect for storage or additional rental income. Zoning: R4 excellent potential for redevelopment or future expansion. Why This Property is a Smart Buy: Investors: Gross Income: $45,360/year, Net income after expenses: $39,050. ROI: Solid 5% at the current list price. Homeowners: Move into the vacant unit and let rental income help with your mortgage! Financial Snapshot: Annual Property Taxes (2024): $4,678. Annual Insurance: $1,632, Flooring: Hardwood, Flooring: Laminate (id:47423)

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Listed By EXP REALTY
Data Provided By Ottawa Real Estate Board
MLS® Listing Number X10629536
Last Updated Jan 04, 2025
Property Summary
Property Type Duplex

More like this:
Community 3402 - Vanier
Price History
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Detailed Information
Bedrooms 5
Bathrooms 2
Lot 60 x 66 ft
Amenities Nearby Public Transit, Park
Listing Contract Date 2024-11-22
Location Description Hwy 417 exit Vanier Parkway, right on Montreal Rd, left on Hannah, Property is on the corner of Hannah and Carillon.
# of Parking Spaces 4
Property Type Single Family
Transaction Type For sale
Zoning Description Residential
Building
Exterior Finish Brick
Foundation Type Concrete
Heating Fuel Natural gas
Heating Type Baseboard heaters
Type Duplex
Utility Water Municipal water
Parking Spaces
Name Spaces
Attached Garage
Land
Total Size 60 x 66 FT ; 0
Amenities Public Transit, Park
Fence Type Fenced yard
Sewer Sanitary sewer
Size of Irregular Land 60 x 66 FT ; 0

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