Century 21 People’s Choice Realty Inc., Brokerage
120 MATHESON BLVD E #103
MISSISSAUGA, Ontario
L4Z 1X1
Ottawa, Vanier, K1L 5R3
$600,000$000000
Listed by ROYAL LEPAGE PERFORMANCE REALTY.
Great opportunity to own a TRIPLEX in Vanier with the option of easily creating additional units . Purchase as owner-occupied building, or add it to your investment portfolio. LARGE and WIDE LOT with R4UA-C zoning allowing for expansion & redevelopment (up to 8-plex with commercial unit - buyer to verify). Centrally located, walking distance to parks and shopping. Easy access to downtown and Beechwood Village. Unit 1-232 is a main level unit with full basement featuring 1 bedroom (possibility of adding a second), 2 FULL bathrooms and porch. This unit could easily be converted into 2 units (main level is VACANT, basement is rented). 2-232 is a upper level unit with 1 bedroom, 1 bathroom and balcony. 230 Marier is a upper level 2 bedrooms, 1 bathroom unit with balcony. The building also comes with a very large heated & attached 27ft X18ft garage that can be rented on its own or converted into an additional unit. Common laundry on site. All units are occupied except for the main level of unit 1-232 (basement is rented). Monthly income of $2,203 with all tenants month-to-month. Tenants pay their own hydro. Shingles (2009), Natural Gas Boiler (2024), Partial Siding and Flashing Repairs (2022), Water Main/Line to street replacement (2023). This is an ideal acquisition for someone looking to invest in a growing area with the possibility of increasing the property's value. 24 HRS notice for showings. 24 HRS irrevocable on all offers. Property is sold as-is, where-is (estate conditions) **EXTRAS** RENTS: 1A-232 ($591), 2-232 ($806), 230 ($806) TOTAL $26,436 (PROJECTED $103,200). EXPENSES: Snow removal ($1037), Lawn Maintenance ($600), Insurance ($3373), Gas ($3,037), Water ($817), Taxes ($5421). TOTAL: $14,285.
Refrigerators (3), Stoves (3), Microwave (1), Hood Fans (3), Washer, Dryer, Storage Shed
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.
Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100
