Excellent investment opportunity in a prime location! This well-maintained duplex features three self-contained living spaces, offering strong rental income, great tenants, and excellent potential for future growth with many updates and upgrades done over the years.The spacious main-floor 3-bedroom unit rents for $2,467.18/month all inclusive, while the upper-level 1-bedroom unit rents for $1,750/month plus hydro. The lower-level 2-bedroom accessory apartment, complete with its own private entrance, rents for $1,900/month all inclusive. All three units have their own laundry facilities.The property benefits from excellent tenant stability. The flat roof was redone in 2020. Ideally located close to transit, shopping, amenities, and just minutes from downtown. With $6,117.18/month in current rental income, or $73,406.16 annually, this property offers an attractive investment opportunity with further potential to increase revenue over time, never a vacancy. An excellent opportunity for both new and seasoned investors. (id:13843)
| MLS # | X13768418 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 61 |
| Listing Provided By | RIGHT AT HOME REALTY | Xavier Chaaban |
| Bed(s) | 6 |
|---|---|
| Bath(s) | 6 Total |
| SQ Feet | 1,500 |
| Car Port | Yes |
| Basement | Y |
| Story(s) | 2 |
| Cooling | None |
|---|---|
| Heating | Baseboard heaters, Electric, Natural gas, Other |
| Appliances | Washer, Dishwasher, Stove, Dryer, Hood Fan, Storage Shed |
| Fireplace Yes / No | Yes |
| Fireplaces Total | 2 |
| Foundation Details | Block |
|---|
| Parking Features | Carport, No Garage |
|---|---|
| Parking Total | 5 |
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 4872 |
|---|---|
| Tax Year | 2025 |
| Province | ON |
|---|---|
| City | Ottawa |
| Postal Code | K1L6H1 |
| Listing VS Median (in K1L6H1) | |
Price: $799,900 low | high Med: $799,900 sqft: 1,500 low | high Med: 1,500 $ / sqft: $533 low | high Med: $533 On site: 61 low | high Med: 61 | |
| Province | ON |
|---|---|
| City | Ottawa |
| Postal Code | K1L6H1 |
| Listing VS Median (in K1L6H1) | |
Price: $799,900 low | high Med: $799,900 sqft: 1,500 low | high Med: 1,500 $ / sqft: $533 low | high Med: $533 On site: 61 low | high Med: 61 | |
![]() | $724,900321 Mona AvenueOttawa, ON K1L6Z9 |