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$724,900
Est. payment /mo
6 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
Subdivision 8009 - North Gower
MLS Listing ID X13233290
Style 2-Storey
Bedrooms 6
Annual Tax Amount $3,873
Tax Year 2025
Property Sub-Type Duplex
Property Description
Turn-Key Duplex with Accessory Unit! Exceptional Investment Opportunity! This well maintained, income generating property offers a Strong 7.39% CAP RATE and backs onto a serene creek with beautiful water views. The property features THREE Self Contained units: 3 Bedroom, 2 Bedroom, and a Bachelor unit. Currently fully rented, with one unit owner occupied, this is a fantastic opportunity for investors or owner occupiers alike. Equipped with 2 Hydro meters and 2 Gas meters, & serviced by well and septic, the property is both efficient and cost conscious. Tenants pay their own utilities as well as yard & driveway maintenance. (Note: Unit 2 covers the hydro & heat for Unit 3). UNIT 1: Bright 2 Bedroom, 1.5 Bathroom unit featuring hardwood flooring throughout the main level, pot lights, and an open concept layout. Enjoy direct access to a private backyard deck and a convenient powder room. Upstairs offers two spacious bedrooms, a full bathroom with a skylight, & in unit Laundry. Includes a private driveway with parking for up to 4 vehicles. UNIT 2: Charming 3 Bedroom, 1 Bathroom unit full of character, featuring high ceilings, hardwood floors, and generous living spaces. Functional kitchen with an adjacent laundry closet. Upper level includes three bedrooms & a full bathroom. Backyard access, parking for 2 vehicles included & Owner Occupied. UNIT 3: Non-conforming Bachelor unit located on the main floor with a separate entrance, clean and efficient with its own kitchen, full bathroom, & laundry. A great low maintenance rental option with 2 dedicated parking spaces. Additional highlights include a Detached 2 Car Garage offering excellent storage, a low unfinished basement for easy utility servicing, and a sidewalk right out front for added convenience. Ideally located in the heart of North Gower, within walking distance to shopping, parks, restaurants, and the LCBO. A rare, turn-key investment, this is the one you've been waiting for! Financials Available
Location
Province ON
County Ottawa
Area Ottawa
Body of Water Stevens Creek
Rooms
Family Room Yes
Basement Unfinished
Kitchen 3
Interior
Interior Features Accessory Apartment, Separate Heating Controls, Separate Hydro Meter
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Garage Spaces 2.0
Pool None
Waterfront Description Direct
Roof Type Asphalt Shingle
Road Frontage Paved Road, Municipal Road
Lot Frontage 176.63
Lot Depth 75.93
Total Parking Spaces 10
Building
Foundation Stone, Poured Concrete
Others
ParcelsYN No
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Listed by RE/MAX HALLMARK REALTY GROUP
NEARBY SCHOOL & BUSINESS
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