$989,899 FOR SALE

Duplex

Lot: 50 x 100 ft

821 Norton Avenue
Ottawa, ON K2B 5P5 | Queensway Terrace North

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:47423)

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Listed By RE/MAX HALLMARK REALTY GROUP
Data Provided By Ottawa Real Estate Board
MLS® Listing Number 1412768
Last Updated Oct 01, 2024
Property Summary
Property Type Duplex

More like this:
Neighbourhood Queensway Terrace North
Price History
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Detailed Information
Lot 50 x 100 ft
Amenities Nearby Public Transit, Recreation Nearby, Shopping
Lease Type Other, See Remarks
Listing Contract Date 2024-09-20
Municipal ID 039610086
# of Parking Spaces 4
Property Type Multi-family
Transaction Type For sale
Zoning Description Residential
Building
Basement Development Finished
Basement Type Full (Finished)
Constructed Date 1964
Cooling Type Central air conditioning
Exterior Finish Stone, Stucco
Flooring Type Mixed Flooring, Hardwood
Heating Fuel Natural gas
Heating Type Forced air
Stories Total 2
Type Duplex
Utility Water Municipal water
Parking Spaces
Name Spaces
Carport
Open
Land
Total Size 50 ft X 100 ft
Amenities Public Transit, Recreation Nearby, Shopping
Sewer Municipal sewage system
Size of Irregular Land 50 ft X 100 ft

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