For Sale

$550,000

210 - 208 ETHEL STREET , Ottawa, Ontario K1L5X2

5 Beds 2 Baths

Remarks

PRIME INVESTMENT OPPORTUNITY in Vanier! Discover this fantastic DUPLEX in the rapidly growing community of Vanier, perfect for investors or owner-occupants looking for rental income. This property features separate HYDRO meters, an OWNED hot water tank and furnace (2013), and a roof updated in 2017. Additional upgrades include modern electrical, new flooring, and updated toilets. With strong rental income potential and an R4U ZONING designation, this property offers flexibility for future development or multi-unit expansion. Located in an area experiencing revitalization, this is an excellent opportunity to INVEST in a high-demand rental market. Upper unit is has 1 br and is rented for $1300/mth + Hydro. Main level is rented by rooms with 4 /5 rooms generating $3700/mth(all inclusive). NOI $46,200, CAP 8.4%. Upgrades-Roof 2017, Furnace & Electrical 2013. (id:7526)

Property Summary

  • Neighbourhood: 3402 - Vanier
  • Lot Frontage: 33.0 Feet
  • Lot Depth: 95.0 Feet
  • Lot Size: 33 x 95 FT
  • No. of Parking Spaces: 4
  • Bedrooms: 5
  • Bathrooms (Total): 2
  • Zoning: R4E, R4E-c

Property Features:

  • Parking Type:
    Detached garage , Garage
  • Property Type:
    Multi-family
  • Sewer:
    Sanitary sewer

Building Features:

  • Appliances:
    Dryer , Two stoves , [] , []
  • Basement Development:
    Unfinished
  • Basement Type:
    Crawl space
  • Building Type:
    Duplex
  • Foundation Type:
    Block
  • Heating Fuel:
    Natural gas
  • Heating Type:
    Forced air

Listing courtesy of: 

EXP REALTY

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