323 Levis Avenue, Vanier And Kingsview Park, ON K1L 6H1

$799,900
6
BD
6
BA
1,500
SqFt

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List Price
$799,900
MLS#
X13768418
Status
ACTIVE
Type
Multifamily
SubType
Duplex
Style
2-Storey
Bedrooms
6
Bathrooms
6
Living Area
1500-2000
Province
ON
Municipality
Vanier And Kingsview Park
Area
Ottawa
Neighborhood
3404 - Vanier
Subdivision
Lacasse Ave & Montreal Rd

Property Description

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.

Additional Information

Taxes
$4,872
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Kitchens
3
Exterior
Stone, Stucco (Plaster)
Garage Spaces
1
Garage Type
Carport
Pool
None
Parking Spaces
5
Parking Type
Private

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Calculator source: Real Geeks

Listing courtesy of RIGHT AT HOME REALTY.