687 MELBOURNE AVENUE, Ottawa, Ontario, K2A1X4
Property TypeMulti-family

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:46094)


Details
Amenities NearbyPublic Transit, Recreation Nearby, Shopping LeaseOther, See Remarks
Parking Spaces5 TransactionFor sale
Zoning DescriptionR3
Building
Basement DevelopmentUnfinished BasementFull (Unfinished)
CoolingNone Exterior FinishSiding, Stucco
FlooringMixed Flooring, Hardwood FoundationBlock
Bathrooms (Half)0 Bathrooms (Total)0
Heating FuelNatural gas HeatingForced air
Storeys Total2 TypeDuplex
Utility WaterMunicipal water
Land
Size Frontage33 ft AmenitiesPublic Transit, Recreation Nearby, Shopping
SewerMunicipal sewage system Size Depth101 ft ,5 in
Size Irregular33.01 ft X 101.4 ft

Listing Office: RE/MAX HALLMARK REALTY GROUP

Data Provided by Ottawa Real Estate Board

Last Modified :10/05/2022 07:13:19 PM

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