687 Melbourne Avenue Ottawa, Ontario K2A 1X4
$998,900
An absolutely impeccable legal duplex in one of the most sought after neighbourhoods in Ottawa! This is a must see. Top floor 2 bedroom unit features a plethora of light and could be featured in a magazine. Current tenant is paying $2100 all in, leased until Jan 31st 2023. Lower level is rented for $2500 all in but soon vacant, perfect for a live-in investor. This 2 bedroom unit has access to the full basement, OR finish the basement to make it a triplex with it's own entrance (Buyer to do their diligence). The possibilities endless! Cap rate over 4.7% plus huge upswing potential. Steps from Dovercourt, Broadview School, Nepean High School, and the shops of Westboro!! (id:37742)
Property Details
| MLS® Number | 1282071 |
| Property Type | Multi-family |
| Neigbourhood | Laurentianview |
| Amenities Near By | Public Transit, Recreation Nearby, Shopping |
| Parking Space Total | 5 |
Building
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Cooling Type | None |
| Exterior Finish | Siding, Stucco |
| Flooring Type | Mixed Flooring, Hardwood |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Type | Duplex |
| Utility Water | Municipal Water |
Parking
| Surfaced |
Land
| Acreage | No |
| Land Amenities | Public Transit, Recreation Nearby, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 101 Ft ,5 In |
| Size Frontage | 33 Ft |
| Size Irregular | 33.01 Ft X 101.4 Ft |
| Size Total Text | 33.01 Ft X 101.4 Ft |
| Zoning Description | R3 |
https://www.realtor.ca/real-estate/24145331/687-melbourne-avenue-ottawa-laurentianview
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May 11 2022 12:13:19
Ottawa Real Estate Board
RE/MAX Hallmark Realty Group