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$724,900
Available - For Sale
Listing ID: X12051758
This extensively renovated duplex w/an accessory apartment & Detached GARAGE offers a turnkey investment with modern upgrades & thoughtful improvements throughout. Over $93,000 was invested in quality renovations, including freshly painted interiors, refinished hardwood floors, updated electrical systems, interconnected smoke detectors & a high-efficiency 50-gallon gas water heater. ALL UNITS have IN-UNIT LAUNDRY. The property also features a freshly painted exterior, front Hardie Plates with a lifetime warranty, improved venting for forced-air heating, and structural reinforcements in the basement. A new water meter was installed, and furnace areas were enclosed with fire-rated materials. Apartment #1 saw significant reconfiguration & modernization, including a brand-new kitchen(16)w/updated cabinetry, counters & tile flooring, as well as new soundproofed 45-minute fire-rated ceilings. An open living area was expertly converted into two bedrooms, each w/closets & new doors. Apt #1 continues to the basement which was thoroughly upgraded w/new insulation, drywall, carpeting & a completely remodeled bathroom w/new shower & tub(20), laundry was moved to main level. Safety and efficiency were further enhanced with the enclosure of utility areas behind solid core locking doors. Apartment 2 was similarly improved with a new kitchen(16) & bathroom, updated finishes & proper venting installations, along with new carpeting on the stairs. Apartment 3 features an updated kitchen(16) with a building-code-compliant pass-through, a renovated bathroom(16) with new fixtures and finishes, improved insulation and drywall throughout. Additional upgrades include: hot water tank (20), roof replacement (17), Central Air (23). Current rents are: Unit 1 (2-bedroom): $1650 w/ parking: Unit 2 (1-bedroom): $1450 w/ parking: Unit 3 (Bachelor): $1051.25: All rents are inclusive of heat, hydro & water, making this a low-maintenance property that's modernized.
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Asking Price: $ Heating: $ /Year  
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Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $51,950 $103,900 $155,850 $207,800
First Mortgage $987,050 $935,100 $883,150 $831,200
CMHC/GE $27,143.88 $18,702 $15,455.13 $0
Total Financing $1,014,193.88 $953,802 $898,605.13 $831,200
Monthly P&I $4,343.71 $4,085.06 $3,848.66 $3,559.97
Expenses $0 $0 $0 $0
Total Payment $4,343.71 $4,085.06 $3,848.66 $3,559.97
Income Required $162,889.27 $153,189.75 $144,324.6 $133,498.69

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE PERFORMANCE REALTY

229 Carillon Stre , Vanier and Kingsview Park, K1L 5X7, Ottawa

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MD Ashraful Bari
Broker
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647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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Type: Freehold - Duplex
Area: Ottawa
Municipality: Vanier and Kingsview Park
Neighbourhood: 3402 - Vanier
Style: 2-Storey
Lot Size: x 95.00(Feet)
Approximate Age:
Tax: $4,556.92
Maintenance Fee: $0
Beds: 4
Baths: 3
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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