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Charming red brick row duplex offers $77K in income, w/cash flow of over 64K. An excellent investment opportunity in the heart of Sandy Hill with OttawaU, the Rideau Centre, and the Byward Market all within walking distance, ideal for students and professionals alike. The main level features a spacious 3-bedrm, 1-bath unit, rented for $2,300/month. The upper level also offers 3 bedrms, 1 bath, coin operated washer/dryer, and currently rented for $2,450/month. Both units with high ceilings & baseboards, and include private, oversized balconies perfect for entertaining. Additionally, the basement is being rented separately as a non-legal apartment, for $1,450/month. Main and basement units share washer/dryer located on the basement level. 3 owned hot water tanks, separate hydro meters for each unit, & one parking space. Washers/Dryers and parking spot provide extra income. This property generates substantial cash flow don't miss out on this opportunity in an unbeatable location! Photos taken prior to current tenancies. **EXTRAS** 3 Hydro Meters, 3 Gas Meters, 3 Owned Hot Water Tanks, Fully Tenanted (never a vacancy).
3 Refrigerators, 3 Stoves, 2 Dishwashers, 2 coin-operated Washers, 2 Dryers, one of which is coin-operated, 3 Hot Water Tanks
City: Ottawa
Neighborhood: Sandy Hill
Purchase Price | $989900 |
Down Payment | $197980 |
Mortgage Insurance | $0 |
Total Mortgage | $791920 |
Mortgage Payment | $4880 |
Property Taxes | $568 |
Maintenance Fees | $0 |
Monthly Payment | $5448 |
Sold Comparables homes near SWEETLAND Ave, Ottawa
Located at 28 Sweetland Ave , this Ottawa house is available for sale. This property was listed for $989,900 on Fri Feb 14 2025. This house's size is 19.72 x 123.27 Feet. It has 6 bedrooms and 3 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 1 parking spots. 28 Sweetland Ave, Ottawa is situated in the Sandy Hill neighbourhood.
MLS#: X11915826 · $989,900 · 6 bedroom house in Sandy Hill, Ottawa