Renovated Legal Duplex - Take advantage of a unique legal duplex opportunity before the spring market heats up! Whether you're an investor or looking for a home with rental income, this property combines modern renovations, strong financials & redevelopment potential. Property Features: 2 Units: Unit 1: Lower Unit Bright 2-bedroom unit rented at $1,790/month to long-term tenants. Separate Garage: Perfect for storage or additional rental income. Unit 2 (Vacant): Upper Unit Renovated 3-bedroom unit with modern finishes, ready to rent at a projected $2,300/month, or ideal for owner-occupancy. Separately metered, tenants pay all utilities. Zoning: R4 - excellent potential for redevelopment or future expansion. Why This Property is a Smart Buy: Investors: Net Income: $42,770/year. ROI: Solid 5.5% at the current list price. Homeowners: Move into the vacant unit and let rental income help with your mortgage! Financial Snapshot: Annual Property Taxes (2024): $4,678. Annual Insurance: $1,632, Flooring: Hardwood, Flooring: Laminate |
Price | $795,000 |
Taxes: | $4678.00 |
Address: | 214 HANNAH STREET St , Vanier and Kingsview Park, K1L 7M7, Ontario |
Lot Size: | 60.00 x 66.00 (Feet) |
Directions/Cross Streets: | Hwy 417 exit Vanier Parkway, right on Montreal Rd, left on Hannah, Property is on the corner of Hann |
Rooms: | 0 |
Rooms +: | 0 |
Kitchens: | 0 |
Kitchens +: | 0 |
Family Room: | N |
Basement: | None |
Property Type: | Duplex |
Exterior: | Brick |
Garage Type: | Attached |
Pool: | None |
Property Features: | Fenced Yard, Park, Public Transit |
Heat Source: | Gas |
Heat Type: | Baseboard |
Central Air Conditioning: | None |
Sewers: | Sewers |
Water: | Municipal |
Utilities-Gas: | Y |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
EXP REALTY |
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Type: | Freehold - Duplex |
Area: | Ottawa |
Municipality: | Vanier and Kingsview Park |
Neighbourhood: | 3402 - Vanier |
Style: | |
Lot Size: | 60.00 x 66.00(Feet) |
Approximate Age: | |
Tax: | $4,678 |
Maintenance Fee: | $0 |
Beds: | |
Baths: | |
Garage: | 0 |
Fireplace: | |
Air Conditioning: | |
Pool: | None |