403 Peach Tree Lane Ottawa, Ontario K1K 2R7

4 Bedroom 1 Bathroom
Baseboard Heaters

$1,369,000

Turnkey triplex with significant upside. An additional third floor can be added under the current zoning anddrawings for three additional bachelor units have been completed. The flat roof allows you to easily convert theproperty into a Legal 6plex. As is: The Upper Level 4-bedroom unit is renting for $2800, the 4 bedroom unit on themain level is renting for $2400, and the three-bedroom basement unit is renting for $2200 per month. Additional$275 per month of revenue from parking and laundry. Utilities are not included. Property currently has a cap rateof 5.27%. Perfect investment opportunity for growth-minded buyers. Construction services can be provided forthose interested in adding the 3 units. Permits have been submitted for the 3 additional units. 24 hrs irrevocable on all offers; as per form 244. (id:48414)

Property Details

MLS® Number X10418773
Property Type Single Family
Neigbourhood Viscount Alexander Park
Community Name 3103 - Viscount Alexander Park
Amenities Near By Public Transit, Park
Parking Space Total 5

Building

Bathroom Total 1
Bedrooms Above Ground 4
Bedrooms Total 4
Basement Development Finished
Basement Type Full (finished)
Exterior Finish Brick
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Baseboard Heaters
Type Triplex
Utility Water Municipal Water

Land

Acreage No
Fence Type Fenced Yard
Land Amenities Public Transit, Park
Sewer Sanitary Sewer
Size Depth 99 Ft ,10 In
Size Frontage 55 Ft ,11 In
Size Irregular 55.94 X 99.87 Ft ; 0
Size Total Text 55.94 X 99.87 Ft ; 0
Zoning Description Ru4a

https://www.realtor.ca/real-estate/27607959/403-peach-tree-lane-ottawa-3103-viscount-alexander-park