




This 3-bedroom, 2-bathroom multi-family in Ottawa offers 3,000 sqft of living area. 1 storey. The property has lot dimensions of 30.5 x 32 M. The home features forced air, natural gas heating, central air conditioning, a none basement. Highlights include a 2-car garage.
Rare Investment Opportunity Semi-Detached Bungalow with 2 Fully Equipped Secondary Units (R2A Zoning) Welcome to a purpose-built FOURPLEX rental property designed for comfort, convenience, and income potential. This rare semi-detached bungalow offers FOUR mirror-image units, each approximately 1,340 sq. ft., with 3 spacious bedrooms featuring 8-foot-wide closets, and two three-piece bathrooms per unit. EACH UNIT enjoys its own separate: entrance, gas furnace, central AC, HRV system, hot water tank, 100 Amp electrical panel, gas meter, giving tenants complete independence. Designed for long-term rental success, the property was constructed in 2009-2010, fully compliant with fire and building codes, including vertical and horizontal firewalls for added safety. Natural light floods every unit through large windows in both basement and main floors. Located at the end of a quiet cul-de-sac, the property offers parking for up to 10 vehicles. Currently, all units are rented fully furnished on a month-to-month basis at $3,500 per month each, creating a potential gross annual revenue of $168,000. Live in one unit while renting the others, an ideal income-generating opportunity, thoughtfully designed for maximum functionality and return on investment. You could not rebuild it at this price today! (id:60351)
Fridge(4), Stove(4), Dishwasher(4), Washer(4), Dryer(4), Microwave(4), Hood Fan(4)
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Listed by Marc Blais, FIRST CHOICE REALTY ONTARIO LTD.
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Listing represented by Marc Blais, FIRST CHOICE REALTY ONTARIO LTD. · MLS# X12404404
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.