PRIME INVESTMENT OPPORTUNITY in Vanier! Discover this fantastic DUPLEX in the rapidly growing community of Vanier, perfect for investors or owner-occupants looking for rental income. This property features separate HYDRO meters, an OWNED hot water tank and furnace (2013), and a roof updated in 2017. Additional upgrades include modern electrical, new flooring, and updated toilets. With strong rental income potential and an R4U ZONING designation, this property offers flexibility for future development or multi-unit expansion. Located in an area experiencing revitalization, this is an excellent opportunity to INVEST in a high-demand rental market. Upper unit is has 1 br and is rented for $1300/mth + Hydro. Main level is rented by rooms with 4 /5 rooms generating $3700/mth(all inclusive). NOI $46,200, CAP 8.4%. Showings only permitted on approved conditional offers. Upgrades-Roof 2017, Furnace & Electrical 2013.
Address
210 - 208 Ethel Street
List Price
$550,000
Property Type
Residential Freehold
Type of Dwelling
Duplex
Style of Home
2-Storey
Area
Vanier and Kingsview Park
Sub-Area
3402 - Vanier
County
Ottawa
Bedrooms
5
Bathrooms
2
Floor Area
1100 - 1500 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
95
Lot Size Units
Feet
Lot Width
33
MLS® Number
X12021462
Listing Brokerage
EXP REALTY
Basement Area
Crawl Space, Unfinished
Postal Code
K1L 5X2
Parking Places (Total)
4
Tax Amount
$4,805.00
Tax Year
2024
Interior Features
Storage
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
None
Construction Materials
Other
Direction Faces
South
Foundation Details
Block
Garage Type
Detached
Kitchens Total
2
Pool Features
None
Roof
Asphalt Rolled
Sewer
Sewer
