Welcome to 844 Norton Ave, a prime investment opportunity nestled in one of Ottawas rapidly developing neighbourhoods. This well-maintained duplex is a rare find, offering a fantastic opportunity for investors and developers alike. The property is comprised of two tenant-occupied units, both boasting excellent tenants who take pride in their spaces. The main level features a spacious 3-bedroom, 1-bathroom unit with plenty of natural light and comfortable living space. The lower level offers a cozy 2-bedroom, 1-bathroom unit, perfect for additional rental income. Generating an annual gross revenue of $42,060, this property serves as a lucrative turn-key investment while you plan your next development. With the surrounding area experiencing significant growth and new developments, this property presents an ideal opportunity to purchase and hold for future gains. Situated on a street that has seen substantial revitalization, this duplex not only offers consistent rental income but also holds incredible potential for future redevelopment. Whether youre looking to expand your real estate portfolio or secure a strategic development site, 844 Norton Ave is the perfect choice. (id:6673)
| MLS® Number | X12133393 |
| Property Type | Multi-family |
| Community Name | 6203 - Queensway Terrace North |
| AmenitiesNearBy | Beach, Park, Public Transit |
| Features | Carpet Free, In-law Suite |
| ParkingSpaceTotal | 5 |
| Structure | Shed |
| BathroomTotal | 2 |
| BedroomsAboveGround | 3 |
| BedroomsBelowGround | 2 |
| BedroomsTotal | 5 |
| Age | 51 To 99 Years |
| Amenities | Separate Electricity Meters |
| Appliances | Dryer, Two Stoves, Washer, Two Refrigerators |
| BasementFeatures | Apartment In Basement |
| BasementType | N/a |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Brick |
| FoundationType | Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 1100 - 1500 Sqft |
| Type | Duplex |
| UtilityWater | Municipal Water |
| Acreage | No |
| LandAmenities | Beach, Park, Public Transit |
| Sewer | Sanitary Sewer |
| SizeDepth | 100 Ft |
| SizeFrontage | 50 Ft |
| SizeIrregular | 50 X 100 Ft |
| SizeTotalText | 50 X 100 Ft |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Lower Level | Bedroom 2 | 3.37 m | 3.68 m | 3.37 m x 3.68 m |
| Lower Level | Bathroom | 1.56 m | 2.87 m | 1.56 m x 2.87 m |
| Lower Level | Utility Room | 3.37 m | 2.88 m | 3.37 m x 2.88 m |
| Lower Level | Living Room | 4.46 m | 4.25 m | 4.46 m x 4.25 m |
| Lower Level | Kitchen | 3.82 m | 4.17 m | 3.82 m x 4.17 m |
| Lower Level | Bedroom | 4.46 m | 3.58 m | 4.46 m x 3.58 m |
| Main Level | Living Room | 4.47 m | 4.59 m | 4.47 m x 4.59 m |
| Main Level | Dining Room | 3.02 m | 2.52 m | 3.02 m x 2.52 m |
| Main Level | Kitchen | 3.34 m | 4.85 m | 3.34 m x 4.85 m |
| Main Level | Bedroom | 4.47 m | 3.11 m | 4.47 m x 3.11 m |
| Main Level | Bedroom 2 | 3.73 m | 3.53 m | 3.73 m x 3.53 m |
| Main Level | Bedroom 3 | 3.34 m | 3.35 m | 3.34 m x 3.35 m |
| Main Level | Bathroom | 2.29 m | 2.29 m | 2.29 m x 2.29 m |
Contact us for more information
Adam Pearce
Salesperson
Angele Racine-Desormeaux
Salesperson
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