209 Marier Avenue Ottawa, Ontario K1L 5P2
$600,000
Step into a promising investment venture with this beautiful duplex, showcasing all the elements of a sound financial opportunity. With a strong projected cap rate of 6%, this property has the potential to generate a consistently robust cash flow for investors. The top four-bedroom unit has undergone recent renovations, creating an inviting and modern living environment, while the bottom-three bedroom unit, refreshed just a few years ago, creates a turnkey opportunity. This duplex not only offers the potential for owner occupancy and long-term appreciation but also presents an attractive investment choice. (id:50133)
Property Details
| MLS® Number | 1371020 |
| Property Type | Multi-family |
| Neigbourhood | Vanier North |
| AmenitiesNearBy | Public Transit, Recreation Nearby, Shopping |
| ParkingSpaceTotal | 2 |
Building
| BasementDevelopment | Unfinished |
| BasementFeatures | Low |
| BasementType | Unknown (unfinished) |
| ConstructedDate | 1907 |
| CoolingType | None |
| ExteriorFinish | Siding |
| FlooringType | Laminate, Tile |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| Type | Duplex |
| UtilityWater | Municipal Water |
Parking
| Detached Garage |
Land
| Acreage | No |
| CurrentUse | Development Residential |
| LandAmenities | Public Transit, Recreation Nearby, Shopping |
| Sewer | Municipal Sewage System |
| SizeDepth | 93 Ft |
| SizeFrontage | 34 Ft |
| SizeIrregular | 33.96 Ft X 93.01 Ft |
| SizeTotalText | 33.96 Ft X 93.01 Ft |
| ZoningDescription | R4ua-c |
https://www.realtor.ca/real-estate/26334183/209-marier-avenue-ottawa-vanier-north
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Danny Morissette
Salesperson
2255 Carling Avenue, Suite 101
Ottawa, ON K2B 7Z5
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December 05 2023 01:11:21
Ottawa Real Estate Board
RE/MAX Hallmark Realty Group