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164 Hawthorne Avenue Ottawa, Ontario K1S 0B3

None Forced Air

$599,900

INVESTOR ALERT DO YOU HAVE $135,000 IN HOME EQUITY CURRENTLY AND WANT TO ELEVATE YOUR PORTFOLIO TO THE NEXT LEVEL. Finance your current home with a LOC at 1.35% variable rate and buy this well maintained and tenanted property in Old Ottawa East the hottest neighbourhood with values increasing monthly. This fabulous three storey semi-detached duplex has long term tenants in place and the property is in mint condition. Low maintenance home with low maintenance tenants. Purchase price of $679,900 minus the down of $135,000 gives you a manageable mortgage payment of $1837.00 a month with a low interest variable rate of 1.35%. Total carrying cost for heat, hydro and taxes puts your total monthly expenditure at $2341.38. Tenants are paying $2523.00 a month. After five years you will have paid down $77,097. Your tenants have made you $77,097 dollars (id:37742)

Property Details

MLS® Number 1247041
Property Type Multi-family
Neigbourhood OTTAWA EAST
Amenities Near By Public Transit, Recreation Nearby, Shopping
Easement Right Of Way
Features Balcony
Parking Space Total 1

Building

Basement Development Finished
Basement Type Full (finished)
Constructed Date 1902
Cooling Type None
Exterior Finish Brick, Stucco
Fireplace Present No
Flooring Type Wall-to-wall Carpet, Hardwood, Laminate
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Type Duplex
Utility Water Municipal Water

Parking

Surfaced

Land

Acreage No
Fence Type Fenced Yard
Land Amenities Public Transit, Recreation Nearby, Shopping
Sewer Municipal Sewage System
Size Depth 99 Ft
Size Frontage 14 Ft
Size Irregular 14.01 Ft X 99 Ft
Size Total Text 14.01 Ft X 99 Ft
Zoning Description Residential

https://www.realtor.ca/real-estate/23323122/164-hawthorne-avenue-ottawa-ottawa-east

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