6 Bedroom
3 Bathroom
Bungalow
Wall Unit
Hot Water Radiator Heat
$799,900
Incredible Investment Property Located In Kanata. 5%+ Cap Rate. Fully Renovated, Turn-Key, Fully Legal. 6 Bedrooms And 3 Full Bathrooms Split Between 2 Legal Separate Dwelling Units In A Sprawling Bungalow. Both Units Are Vacant And Ready For A New Owner's Dream Tenant. Gross Income $4,000 Monthly ($48K/Yr). Expenses Total $7,378. Net Operating Income $40,622. Principal & Interest Approx. $27,811. Cash Flow $1,068 Per Month. $384,480 Cash Flow Over 30Yrs.**** EXTRAS **** Units Built After Nov 15 2018 Are Permanently Exempt From Rent Control; Buy This Property And Never Be Stuck With Low Rents Ever Again. (id:24559)
Property Details
MLS® Number
|
X5450251 |
Property Type
|
Single Family |
Community Name
|
Kanata |
Parking Space Total
|
3 |
Building
Bathroom Total
|
3 |
Bedrooms Above Ground
|
3 |
Bedrooms Below Ground
|
3 |
Bedrooms Total
|
6 |
Architectural Style
|
Bungalow |
Basement Features
|
Apartment In Basement, Separate Entrance |
Basement Type
|
N/a |
Cooling Type
|
Wall Unit |
Exterior Finish
|
Vinyl |
Heating Fuel
|
Natural Gas |
Heating Type
|
Hot Water Radiator Heat |
Stories Total
|
1 |
Type
|
Duplex |
Land
Acreage
|
No |
Size Irregular
|
54.99 X 101.02 Ft |
Size Total Text
|
54.99 X 101.02 Ft |
https://www.realtor.ca/real-estate/23879428/32-laurie-crt-ottawa-kanata