4 Bedroom
3 Bathroom
1,100 - 1,500 ft2
Fireplace
Central Air Conditioning
Forced Air
$899,000
Non-Conforming Duplex with 3 bedroom upper unit + Studio lower Suite. Discover an exceptional opportunity to own a beautiful single-family home ideally located just steps from scenic leisure pathways, charming cafés, and wonderful local restaurants, offering both outstanding lifestyle appeal and long-term investment potential. Currently generating $4,100 per month (with full lease on upper Unit as of April 1, 2026) in this property presents a compelling option for buyers looking to invest in real estate today while securing the flexibility to move in at a later date. Based on the listing price of $899,000 with a 20% down payment of $180,000 and a mortgage of $720,000 amortized over 25 years at an interest rate of 3.65%, estimated monthly mortgage payments would be approximately $3,663, creating positive cash flow of roughly $437 per month before expenses. This allows investors to benefit from rental income that not only supports ownership costs but also contributes toward building equity as tenants help pay down the mortgage. Ownership may also provide valuable income tax write-offs, further enhancing the investment's financial advantages. Over a five-year term, the mortgage balance could be reduced by approximately $97,000 through principal repayment alone, all while benefiting from potential property appreciation and future rental growth. This is a rare opportunity to invest in a prime location, enjoy immediate income and positive cash flow, and secure a home that can serve both as a strong financial asset and a future personal residence. (id:61594)
Property Details
|
MLS® Number
|
X12818038 |
|
Property Type
|
Multi-family |
|
Community Name
|
4405 - Ottawa East |
|
Amenities Near By
|
Public Transit |
|
Equipment Type
|
Water Heater - Gas, Water Heater, Furnace |
|
Features
|
Wooded Area, Flat Site, Carpet Free, In-law Suite |
|
Parking Space Total
|
2 |
|
Rental Equipment Type
|
Water Heater - Gas, Water Heater, Furnace |
|
Structure
|
Deck, Patio(s) |
Building
|
Bathroom Total
|
3 |
|
Bedrooms Above Ground
|
3 |
|
Bedrooms Below Ground
|
1 |
|
Bedrooms Total
|
4 |
|
Age
|
51 To 99 Years |
|
Amenities
|
Fireplace(s) |
|
Appliances
|
Water Meter, Dishwasher, Dryer, Two Stoves, Washer, Two Refrigerators |
|
Basement Development
|
Finished |
|
Basement Features
|
Apartment In Basement, Separate Entrance |
|
Basement Type
|
N/a, N/a, N/a (finished) |
|
Cooling Type
|
Central Air Conditioning |
|
Exterior Finish
|
Brick, Vinyl Siding |
|
Fireplace Present
|
Yes |
|
Fireplace Total
|
1 |
|
Foundation Type
|
Block |
|
Half Bath Total
|
1 |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
2 |
|
Size Interior
|
1,100 - 1,500 Ft2 |
|
Type
|
Duplex |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Fence Type
|
Fully Fenced, Fenced Yard |
|
Land Amenities
|
Public Transit |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
90 Ft |
|
Size Frontage
|
40 Ft |
|
Size Irregular
|
40 X 90 Ft |
|
Size Total Text
|
40 X 90 Ft |
|
Zoning Description
|
R1tt |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Second Level |
Bathroom |
2.31 m |
2.28 m |
2.31 m x 2.28 m |
|
Second Level |
Bedroom 2 |
3.28 m |
3.52 m |
3.28 m x 3.52 m |
|
Second Level |
Bedroom 3 |
4.17 m |
2.31 m |
4.17 m x 2.31 m |
|
Second Level |
Primary Bedroom |
3.28 m |
4.55 m |
3.28 m x 4.55 m |
|
Main Level |
Bathroom |
1.4 m |
0.9 m |
1.4 m x 0.9 m |
|
Main Level |
Laundry Room |
|
|
Measurements not available |
|
Main Level |
Living Room |
3.47 m |
5.05 m |
3.47 m x 5.05 m |
|
Main Level |
Dining Room |
3.04 m |
3.65 m |
3.04 m x 3.65 m |
|
Main Level |
Kitchen |
3.04 m |
3.66 m |
3.04 m x 3.66 m |
|
Main Level |
Family Room |
2.89 m |
3.26 m |
2.89 m x 3.26 m |
Utilities
|
Cable
|
Installed |
|
Electricity
|
Installed |
|
Sewer
|
Installed |
https://www.realtor.ca/real-estate/29396668/6a-6b-centennial-boulevard-ottawa-4405-ottawa-east
