Description

 Price: $ 859,000.00 MLS^®: X13068220         Location : 2748 Moncton Road, Britannia Heights - Queensway Terrace N and Area, ON K2B 7W1

Attention Investors- 5.6% CAP rate! This home has 2 fully separated apartments. The main and upper floor has a 4 bedroom apartment collecting rent of $2665 with great tenants. The lower level 3 bedroom apartment collects $1891. Tenants pay all the utilities except water. The house was legally separated with city of Ottawa permits and inspections in 2022. The basement apartment was created from scratch with new everything down to the studs. Both units have a powder room and full bathroom and new kitchens, plumbing, electrical, recent windows, recent roof, new furnace and AC, driveway, 2 hot water tanks and more. This is a turnkey property for an investor that wants to invest in a property that is low maintenance and has had everything recently replaced. Tenants take care of snow and lawncare. The new LRT station is a few minutes walk away so these units should always be easy to keep rented. 24 hours notice to show due to tenanted units.

Location Description

Pinecrest and 417

Property Details

• Community: 6203 - Queensway Terrace North
• Property Type: Tenant/Residential Freehold
• Bedrooms: 7
• Bath: 4
• Garages: Built-In

Building Features

• Foundation Type: Poured Concrete
• Construction Material: Aluminum Siding-Brick
• Total Parking Space: 5

Features

• Heating: Forced Air Gas
• Sewer: Sewer ,