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$649,900
Available - For Sale
Listing ID: X12278230
This meticulously maintained detached two unit property on a generous corner lot in Ottawa's vibrant Vanier neighbourhood offers two self-contained units, each with separate electrical meters and in unit laundry. The main and lower-level two bed unit and bright one bed top-floor suite. 2 bedroom unit features a renovated kitchen and bathroom, durable laminate, luxury vinyl plank and tile floors, a fully finished basement. Roof refreshed just a few years ago, and reliable mechanicals throughout. Outside, the low maintenance exterior boasts extensive interlock and stone landscaping, an aluminum backyard deck and included woodshed, plus parking for 4 cars an ideal setup for owner occupiers or investors. All major appliances remain, and both units will be vacant at possession. With projected rents of $2,300 and $1,700, owner occupiers may benefit from only about $1,590 per month in housing expenses (with 20% down at a 4.25% rate taking into account income from 1 bedroom and expenses), or investors can expect an estimated true 4.6% cap rate renting both units. Ideally located for transit with major bus routes delivering you downtown in minutes this home is also walking distance to eclectic shops, grocers and cafés along Beechwood Avenue, community parks such as Richelieu and Vanier Park, and local schools including Trille des Bois, Mauril Belanger and others. Vanier has seen significant community investment and is known for its cultural spirit, francophone roots, annual maple sugar festival and strong local cohesion making this a move-in-ready opportunity in one of Ottawa's most diverse and development minded neighbourhoods.
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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 $102.5 $205 $307.5 $410
First Mortgage $1,947.5 $1,845 $1,742.5 $1,640
CMHC/GE $53.56 $36.9 $30.49 $0
Total Financing $2,001.06 $1,881.9 $1,772.99 $1,640
Monthly P&I $8.57 $8.06 $7.59 $7.02
Expenses $0 $0 $0 $0
Total Payment $8.57 $8.06 $7.59 $7.02
Income Required $321.39 $302.25 $284.76 $263.4

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

347 Shakespeare Stre , Vanier and Kingsview Park, K1L 5M1, 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 - Detached
Area: Ottawa
Municipality: Vanier and Kingsview Park
Neighbourhood: 3402 - Vanier
Style: 2-Storey
Lot Size: x 94.73(Feet)
Approximate Age: 51-99
Tax: $4,231.09
Maintenance Fee: $0
Beds: 2+1
Baths: 3
Garage: 0
Fireplace: Y
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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