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

1312 Avenue R Avenue Ottawa, Ontario K1G 0B9

6 Bedroom 3 Bathroom 1,100 - 1,500 sqft
Raised Bungalow Central Air Conditioning Forced Air, Heat Pump Landscaped

$934,900

Attention investors & multi-generational families! With 3 separate units, this turnkey property ticks all the boxes for both Owner occupiers or investors looking for SIGNIFICANT CASH FLOW! Location is unbeatable: a 2-minute walk to the LRT plugs you directly into Ottawa's transit vein, reaching downtown Parliament, Ottawa U, and La Cité in less than 15 minutes. Daily errands are a breeze with Trainyards retail hub just a 10-minute walk away, putting every possible amenity at your doorstep. The Home features a bright 3-bed, 1-bath upper unit and a spacious 2-bed, 1-bath lower unit. The detached in-law suite offers a private, separate 1-bed, 1-bath layout with 36 Inch Doors and Walk in Shower. Extensive recent updates within the last year leave absolutely nothing to do: enjoy updated flooring, gorgeous quartz countertops, modern backsplashes, fresh paint, and updated lighting throughout. The exterior boasts a massive parking area for up to 5 vehicles and premium 50-year shingles for ultimate peace of mind and low maintenance reserves. Whether you are looking to house an extended family with total independence, live in one unit while letting tenants pay the mortgage, or add a high-yielding asset with multiple revenue streams to your portfolio, this property delivers on every front. Don't miss out on one of the city's most convenient transit-oriented pockets. Rents Unit A (Tenants Just vacated $2500+Hydro) Unit B ($2300+Hydro) Unit C ($1975-All Inclusive) Property operating ABOVE a 7% Cap Rate at asking Price. (id:67947)

Property Details

MLS® Number X13826674
Property Type Multi-family
Community Name 3601 - Eastway Gardens/Industrial Park
Amenities Near By Hospital, Public Transit
Community Features Community Centre
Features Level Lot, Carpet Free
Parking Space Total 5
Structure Shed

Building

Bathroom Total 3
Bedrooms Above Ground 6
Bedrooms Total 6
Age 51 To 99 Years
Amenities Separate Heating Controls, Separate Electricity Meters
Appliances Water Heater, Dryer, Stove, Washer, Refrigerator
Architectural Style Raised Bungalow
Basement Development Finished
Basement Type Full (finished)
Cooling Type Central Air Conditioning
Exterior Finish Brick, Vinyl Siding
Foundation Type Concrete
Heating Fuel Natural Gas, Other
Heating Type Forced Air, Heat Pump
Stories Total 1
Size Interior 1,100 - 1,500 Sqft
Type Triplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Fence Type Fenced Yard
Land Amenities Hospital, Public Transit
Landscape Features Landscaped
Sewer Sanitary Sewer
Size Depth 90 Ft
Size Frontage 65 Ft
Size Irregular 65 X 90 Ft
Size Total Text 65 X 90 Ft|under 1/2 Acre
Zoning Description R2j

https://www.realtor.ca/real-estate/30326094/1312-avenue-r-avenue-ottawa-3601-eastway-gardensindustrial-park

Nicolas Sigounis, REALTOR®

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Nicolas SigounisREALTOR® · EXIT Realty Matrix, Brokerage

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Listing courtesy of Marnie Bennett, Bennett Property Shop Realty · Brett Liscomb, Bennett Property Shop Realty

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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.