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821 Norton Avenue Ottawa, Ontario K2B 5P5

Central Air Conditioning Forced Air

$989,900

71K+ income & 60K+ 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 with large windows, occupied since the last 3 years at $1332 + hydro presents 2 bedrooms and 1 bath. 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:48414)

Property Details

MLS® Number 1412768
Property Type Multi-family
Neigbourhood Queensway Terrace North
AmenitiesNearBy Public Transit, Recreation Nearby, Shopping
ParkingSpaceTotal 4

Building

BasementDevelopment Finished
BasementType Full (finished)
ConstructedDate 1964
CoolingType Central Air Conditioning
ExteriorFinish Stone, Stucco
FlooringType Mixed Flooring, Hardwood
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
Type Duplex
UtilityWater Municipal Water

Parking

Carport
Open

Land

Acreage No
LandAmenities Public Transit, Recreation Nearby, Shopping
Sewer Municipal Sewage System
SizeDepth 100 Ft
SizeFrontage 50 Ft
SizeIrregular 50 Ft X 100 Ft
SizeTotalText 50 Ft X 100 Ft
ZoningDescription Residential

https://www.realtor.ca/real-estate/27449145/821-norton-avenue-ottawa-queensway-terrace-north