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$1,299,900
Available - For Sale
Listing ID: X11970196
*Prime Development Opportunity - Well-Maintained Duplex on Oversized Lot * Located just 350 meters (a 5-minute walk) from the Bayview O-Train stop, this rare 66' x 100' R4UB-zoned lot presents a prime opportunity for investors and developers alike. With a well-maintained duplex occupying only half the lot, the remaining 33 feet offers endless potential for future development. Zoning allows for a 4-storey, 8-unit building (buyer to verify). Property Highlights:Duplex with Two Updated 2-Bedroom Units. Unit 1: Renovated 2-bed, 1-bath with in-unit laundry, leased month-to-month at $1,600 to an exceptional long-term tenant. Unit 2: Owner-occupied for 25 years, offering a projected rent of $2,400-$2,500/month. Features two balconies with stunning views of the downtown skyline and Gatineau Hills.Two Hydro Meters. Key Upgrades: Furnace (2023), AC (~2013), Roof (~2013), Sewer, Drain & Water Lines Updated. Rewired. This is a rare chance to acquire a solid income property with significant development potential in a high-demand location. Steps from transit, minutes to downtown, and surrounded by future growth
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $79,400 $158,800 $238,200 $317,600
First Mortgage $1,508,600 $1,429,200 $1,349,800 $1,270,400
CMHC/GE $41,486.5 $28,584 $23,621.5 $0
Total Financing $1,550,086.5 $1,457,784 $1,373,421.5 $1,270,400
Monthly P&I $6,638.9 $6,243.58 $5,882.26 $5,441.02
Expenses $0 $0 $0 $0
Total Payment $6,638.9 $6,243.58 $5,882.26 $5,441.02
Income Required $248,958.76 $234,134.09 $220,584.67 $204,038.43

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ENGEL & VOLKERS OTTAWA

7 Lowrey Stre , West Centre Town, K1Y 2S5, Ottawa

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MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Duplex
Area: Ottawa
Municipality: West Centre Town
Neighbourhood: 4202 - Hintonburg
Style: 2-Storey
Lot Size: x 99.00(Feet)
Approximate Age: 100+
Tax: $5,700
Maintenance Fee: $0
Beds: 4
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

  Email Us

HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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