LOADING

210 - 208 Ethel Street Ottawa, Ontario K1L 5X2

5 Bedroom 2 Bathroom 1100 - 1500 sqft
Forced Air

$550,000

PRIME INVESTMENT OPPORTUNITY in Vanier! Discover this fantastic DUPLEX in the rapidly growing community of Vanier, perfect for investors or owner-occupants looking for rental income. This property features separate HYDRO meters, an OWNED hot water tank and furnace (2013), and a roof updated in 2017. Additional upgrades include modern electrical, new flooring, and updated toilets. With strong rental income potential and an R4U ZONING designation, this property offers flexibility for future development or multi-unit expansion. Located in an area experiencing revitalization, this is an excellent opportunity to INVEST in a high-demand rental market. Upper unit is has 1 br and is rented for $1300/mth + Hydro. Main level is rented by rooms with 4 /5 rooms generating $3700/mth(all inclusive). NOI $46,200, CAP 8.4%. Upgrades-Roof 2017, Furnace & Electrical 2013. (id:6673)

Property Details

MLS® Number X12021462
Property Type Multi-family
Community Name 3402 - Vanier
ParkingSpaceTotal 4

Building

BathroomTotal 2
BedroomsAboveGround 5
BedroomsTotal 5
Appliances Dryer, Two Stoves, Two Washers, Two Refrigerators
BasementDevelopment Unfinished
BasementType Crawl Space (unfinished)
FoundationType Block
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 1100 - 1500 Sqft
Type Duplex
UtilityWater Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 95 Ft
SizeFrontage 33 Ft
SizeIrregular 33 X 95 Ft
SizeTotalText 33 X 95 Ft
ZoningDescription R4e, R4e-c

https://www.realtor.ca/real-estate/28029822/210-208-ethel-street-ottawa-3402-vanier

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Mazen Jebara
Salesperson


Exp Realty
343 Preston Street, 11th Floor
Ottawa, Ontario K1S 1N4