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:48414)
| MLS® Number | 1412768 |
| Property Type | Multi-family |
| Neigbourhood | Queensway Terrace North |
| AmenitiesNearBy | Public Transit, Recreation Nearby, Shopping |
| ParkingSpaceTotal | 4 |
| 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 |
| Carport | |
| Open |
| 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
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