Ottawa & Eastern OntarioNicolas Sigounis, REALTOR® · EXIT Realty Matrix, Brokerage

323 Levis Avenue Ottawa, Ontario K1L 6H1

6 Bedroom 6 Bathroom 1,500 - 2,000 sqft
Fireplace None Baseboard Heaters, Other

$799,900

Excellent investment opportunity in a prime location! This well-maintained duplex features three self-contained living spaces, offering strong rental income, great tenants, and excellent potential for future growth with many updates and upgrades done over the years.The spacious main-floor 3-bedroom unit rents for $2,467.18/month all inclusive, while the upper-level 1-bedroom unit rents for $1,750/month plus hydro. The lower-level 2-bedroom accessory apartment, complete with its own private entrance, rents for $1,900/month all inclusive. All three units have their own laundry facilities.The property benefits from excellent tenant stability. The flat roof was redone in 2020. Ideally located close to transit, shopping, amenities, and just minutes from downtown. With $6,117.18/month in current rental income, or $73,406.16 annually, this property offers an attractive investment opportunity with further potential to increase revenue over time, never a vacancy. An excellent opportunity for both new and seasoned investors. (id:67947)

Property Details

MLS® Number X13768418
Property Type Multi-family
Community Name 3404 - Vanier
Equipment Type Water Heater - Gas, Water Heater
Parking Space Total 5
Rental Equipment Type Water Heater - Gas, Water Heater

Building

Bathroom Total 6
Bedrooms Above Ground 6
Bedrooms Total 6
Amenities Fireplace(s)
Appliances Dishwasher, Dryer, Hood Fan, Storage Shed, Stove, Washer
Basement Development Finished
Basement Features Apartment In Basement
Basement Type Full, N/a (finished), N/a
Cooling Type None
Exterior Finish Stone, Stucco
Fireplace Present Yes
Fireplace Total 2
Foundation Type Block
Heating Fuel Electric, Natural Gas
Heating Type Baseboard Heaters, Other
Stories Total 2
Size Interior 1,500 - 2,000 Sqft
Type Duplex
Utility Water Municipal Water

Parking

Carport
No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 89 Ft ,1 In
Size Frontage 42 Ft ,6 In
Size Irregular 42.5 X 89.1 Ft
Size Total Text 42.5 X 89.1 Ft

https://www.realtor.ca/real-estate/30261349/323-levis-avenue-ottawa-3404-vanier

Nicolas Sigounis, REALTOR®

Interested in this property?

Nicolas SigounisREALTOR® · EXIT Realty Matrix, Brokerage

Book a private showing or ask anything about this home. Nicolas will get back to you quickly.

Call or text 613.859.9331Book a showingEmail Nicolas

Listing courtesy of Xavier Chaaban, Right At Home Realty

Ask Nicolas about this property

Contact Us

Contact us for more information

Generating Captcha

Your Favourites

 

No Favourites Found

 

Call NicolasBook a showing

What would this home cost me?

Down payment

Estimated payment

$0 / month

Your mortgage

Price less down payment
$0
Mortgage default insurance
$0
Total mortgage
$0

Cash needed to close

Down payment
$0
Ontario land transfer tax
$0
Ontario sales tax on insurance
$0
Total, before legal fees
$0

Nicolas's recommended mortgage contacts

Want an introduction? Call or text Nicolas at 613-859-9331 or email Nicolas@SigounisProperties.ca. No referral fees: Nicolas is not paid for these introductions.

Before committing, ask about fees, early repayment charges, closing dates and lender conditions, and request your options and costs in writing. More contacts are in the Sigounis Properties Resource Directory.

Estimate only. This is not a rate offer or a mortgage approval. Payments use Canadian semi-annual compounding. Insurance premiums, taxes and rates can change, and legal fees, adjustments and other closing costs are not included. Confirm your numbers with your lender.