For Sale

$850,000

16 O'MEARA STREET , Ottawa, Ontario K1Y2S6

Remarks

Location! Location! Location! Why not live in one unit and rent out the other? EXCELLENT investment property in Ottawa's hottest up and coming areas: HINTONBURG!!! This desirable neighbourhood is just steps away from O-train, Parkdale Market, local shops, public transportation (Bayview Station), hip restaurants, cafés, bakeries and parks/trails/bike paths. Are you looking for a LOW MAINTENANCE, TURNKEY, CASH FLOW real estate investment? This property is fully rented to excellent tenants who want to stay. Unit 1 is a 2 bedroom rented at $1800/m; unit 2 is a 1 bedroom plus den rented at $1600/m; both tenants pay hydro. Units are well kept, easy to maintain and show well. New furnace & A/C (2020) w/nest thermostat, newer washer/dryer & dishwasher (2020). Front and rear doors in unit 1 are updated. There is a back right of way & 1 parking spot. INVESTORS take note: R4 zoning allows for many future possibilities. Present your best offer now, don't miss out on this amazing opportunity! (id:7526)

Property Summary

  • Neighbourhood: Hintonburg
  • Lot Frontage: 26.0 Feet
  • Lot Depth: 83.1 Feet
  • Lot Size: 25.98 ft X 83.08 ft
  • No. of Parking Spaces: 1
  • Built in: 1900
  • Zoning: Residential

Property Features:

  • Lease Type:
    Lease Type
  • Parking Type:
    Surfaced
  • Property Type:
    Multi-family
  • Sewer:
    Municipal sewage system

Building Features:

  • Basement Development:
    Unfinished
  • Basement Type:
    Crawl space
  • Building Type:
    Duplex
  • Cooling Type:
    Unknown
  • Easement:
    Right of way
  • Exterior Finish:
    Stucco
  • Flooring Type :
    Hardwood , Linoleum , Ceramic
  • Heating Fuel:
    Natural gas
  • Heating Type:
    Forced air

Listing courtesy of: 

EXP REALTY

Office Listing: 

Ali Abbas , Salesperson

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