Monica Flores

SALES REPRESENTATIVE

403 PEACH TREE LANE
Ottawa, Ontario K1K2R7

$1,369,000

ID# X10418773
Turnkey triplex with significant upside. An additional third floor can be added under the current zoning and\r\ndrawings for three additional bachelor units have been completed. The flat roof allows you to easily convert the\r\nproperty into a Legal 6plex. As is: The Upper Level 4-bedroom unit is renting for $2800, the 4 bedroom unit on the\r\nmain level is renting for $2400, and the three-bedroom basement unit is renting for $2200 per month. Additional\r\n$275 per month of revenue from parking and laundry. Utilities are not included. Property currently has a cap rate\r\nof 5.27%. Perfect investment opportunity for growth-minded buyers. Construction services can be provided for\r\nthose interested in adding the 3 units. Permits have been submitted for the 3 additional units. 24 hrs notice for\r\nshowings due to tenants & 24 hrs irrevocable on all offers; as per form 244. Additional inclusions: 2 light fixtures in\r\nthe basement., Flooring: Hardwood, Flooring: Laminate (id:25961)

LEARN MORE ABOUT THIS LISTING

CALL MONICA DIRECT AT

613-725-4121

Courtesy of RARE REAL ESTATE INC.

Listed on: November 01, 2024

On market: 27 days
Heating Type Baseboard heaters
Heating Fuel Natural gas
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Address Price Bed Bath SqFt Area Sub Area Brokerage
405 - 242 RIDEAU STREET Ottawa
405 - 242 RIDEAU STREET
 $339,900 1 1 Ottawa RE/MAX HALLMARK PILON GROUP REALTY
1304 AVENUE P AVENUE Ottawa
1304 AVENUE P AVENUE
 $814,900 3 3 79.99 FT ; 1 Ottawa EXP REALTY
470 TRIDENT MEWS Ottawa
470 TRIDENT MEWS
 $710,000 3 3 25.42 x 98.31 FT ; 0 Ottawa INNOVATION REALTY LTD.
1564 SCOTTANNE STREET Ottawa
1564 SCOTTANNE STREET
 $1,099,000 5 3 104.69 x 200.19 FT ; 0 Ottawa ROYAL LEPAGE TEAM REALTY
344 TUCANA WAY Ottawa
344 TUCANA WAY
 $899,900 4 3 40.03 x 108.27 FT ; 0 Ottawa COLDWELL BANKER SARAZEN REALTY
1313 - 255 BAY STREET Ottawa
1313 - 255 BAY STREET
 $3,100 2 2 Ottawa SLEEPWELL REALTY GROUP LTD
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Monica flores

SALES REPRESENTATIVE

Direct: 613-725-4121

mflores@royallepage.ca

Royal LePage Team Realty

1723 Carling Ave,

Ottawa, ON K2A 1C8

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