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$875,000
Available - For Sale
Listing ID: X12011331
Stylish and meticulously renovated, this purpose-built duplex is situated on a quiet cul-de-sac in Overbrook, offering an exceptional opportunity for investors or those seeking rental income. The property features two thoughtfully designed units. The main floor unit, presently rented at $2,090/month, will be vacated May 1st, allowing a higher market rent to be charged, or the new owner can move right in! The unit boasts three spacious bedrooms, hardwood floors throughout, and a recently updated kitchen and bathroom with high quality finishes and stainless steel appliances. It also includes in-unit laundry, storage, and a private exterior patio. The lower unit, rented at $2,000/month, is a bright, two-bedroom space with hardwood floors, porcelain tiles in the bathroom, a luxurious bathroom, and a top-of-the-line kitchen with granite countertops and stainless steel appliances. This unit also features in-unit laundry, storage, and access to the backyard garden. The property includes a top-tier heating system, Thermopane windows, and modern finishes throughout. Each unit has individual driveway parking and is equipped with separate hydro meters, with tenants paying their own hydro while the owner covers heating costs. This turn-key property is an investors dream, offering both stability and style in a highly desirable location. SEE PHOTO #45 FOR FINANCIAL PROFILE
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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 $184,995 $369,990 $554,985 $739,980
First Mortgage $3,514,905 $3,329,910 $3,144,915 $2,959,920
CMHC/GE $96,659.89 $66,598.2 $55,036.01 $0
Total Financing $3,611,564.89 $3,396,508.2 $3,199,951.01 $2,959,920
Monthly P&I $15,468.05 $14,546.98 $13,705.14 $12,677.11
Expenses $0 $0 $0 $0
Total Payment $15,468.05 $14,546.98 $13,705.14 $12,677.11
Income Required $580,051.97 $545,511.8 $513,942.83 $475,391.55

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.
RE/MAX HALLMARK REALTY GROUP

208-210 Renouf Aven , Overbrook - Castleheights and Area, K1K 3T1, 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: Overbrook - Castleheights and Area
Neighbourhood: 3502 - Overbrook/Castle Heights
Style: Bungalow-Raised
Lot Size: x 98.83(Feet)
Approximate Age: 51-99
Tax: $5,298.24
Maintenance Fee: $0
Beds: 3+2
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

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

 

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