Ottawa, ON K1K3T1 208 - 210 RENOUF AVENUE

LEGAL DUPLEX IN PRIME OVERBROOK LOCATION GENERATING $4,500 PER MONTH IN RENTAL INCOME. THIS PURPOSE-BUILT, FULLY RENOVATED DUPLEX OFFERS A TURN-KEY INVESTMENT OPPORTUNITY WITH A STRONG INCOME STREAM THAT CAN CARRY APPROXIMATELY $855,051 IN MORTGAGE AT CURRENT RATES. THE UPPER UNIT IS RENTED FOR $2,500/MONTH AND FEATURES THREE BEDROOMS, A BRIGHT OPEN-CONCEPT LIVING AND DINING SPACE, A BONUS LOUNGE/OFFICE OFF THE KITCHEN, A MODERNIZED KITCHEN WITH STAINLESS STEEL APPLIANCES, HARDWOOD FLOORS THROUGHOUT, AN UPDATED CERAMIC-TILED BATHROOM, IN-UNIT LAUNDRY, AND DIRECT ACCESS TO A PRIVATE BACKYARD WITH RAISED GARDEN BEDS AND A PATIO. THE LOWER UNIT IS RENTED FOR $2,000/MONTH AND FEATURES TWO BRIGHT BEDROOMS, HARDWOOD AND PORCELAIN TILE FLOORING, A SLEEK KITCHEN WITH GRANITE COUNTERS AND STAINLESS-STEEL APPLIANCES, A SPA-INSPIRED BATHROOM, PRIVATE ENTRANCE, IN-UNIT LAUNDRY, AND SHARED ACCESS TO THE LANDSCAPED YARD. BOTH UNITS HAVE THEIR OWN DEDICATED DRIVEWAY AND STORAGE AREAS. THE PROPERTY IS EQUIPPED WITH SEPARATE HYDRO METERS (TENANTS PAY HYDRO), ENERGY-EFFICIENT HEATING (OWNER PAYS HEAT), UPDATED WINDOWS AND INSULATION, AND A STRONG RENTAL HISTORY WITH QUALITY TENANTS IN PLACE. LOCATED ON A QUIET CUL-DE-SAC CLOSE TO TRANSIT, PARKS, BIKE PATHS, AND MINUTES TO DOWNTOWN OTTAWA, THIS PROPERTY IS IDEAL FOR SAVVY INVESTORS OR OWNER-OCCUPIERS SEEKING TO LIVE IN ONE UNIT WHILE EARNING INCOME FROM THE OTHER. A RARE FIND IN AN ESTABLISHED NEIGHBOURHOOD WITH EXCELLENT CASH FLOW POTENTIALBOOK YOUR PRIVATE SHOWING TODAY. (id:7434)