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$ 899,900
Est. payment | /mo
5 Beds
4 Baths
$ 899,900
Est. payment | /mo
5 Beds
4 Baths
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision 602 - Embrun
MLS® Listing ID X11923690
Bedrooms 5
Half Baths 1
Originating Board Ottawa Real Estate Board
Property Description
Discover this thoughtfully designed duplex, an ideal opportunity for investors or buyers looking to offset their mortgage by living in one unit and renting out the other. This well-maintained property offers both comfort and practicality, with great income potential. The upper unit features a bright, open-concept kitchen and living/dining area with a patio door leading to a spacious deck, perfect for outdoor enjoyment. With 3 bedrooms, 2.5 bathrooms, and a large laundry room, this unit is well-suited for families or professionals seeking space and convenience. The lower unit has a private side entrance and includes 2 bedrooms plus a den, a full bathroom, and its own laundry room. The bright, open-concept living area boasts a cozy fireplace, and a great modern kitchen. Both units are equipped with separate furnaces, HRVs, hot water tanks, and individual gas and hydro meters, giving tenants control over their utilities. Tenants pay heating and hydro, while the landlord covers up to $100 per month for water. The property is fully rented, with 31 Marcel generating $2,800 per month and 31A generating $2,200 per month. The upper unit has a 5 year lease expiring on April 1st 2029 and the lower unit lease is in place until April 1, 2025, after which they will transition to a month-to-month agreement. Whether you're looking to grow your portfolio or find a home that generates income, this duplex is a rare opportunity you wont want to miss! (id:24570)
Location
State ON
Interior
Heating Forced air
Cooling Central air conditioning, Air exchanger
Fireplaces Number 2
Exterior
Parking Features Yes
View Y/N No
Total Parking Spaces 5
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Others
Virtual Tour https://my.matterport.com/show/?m=yHXuAdNweYh
Listed by LOCKE REAL ESTATE INC.
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