844 NORTON AVENUE new Save Request In-Person Tour Request Virtual Tour
Ottawa,ON K2B5P6
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,100 sqft
Price per Sqft $754
Subdivision 6203 - Queensway Terrace North
MLS Listing ID X12133393
Bedrooms 5
Originating Board Ottawa Real Estate Board
Property Description
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:24570)
Location
Province ON
Rooms
Kitchen 2.0
Extra Room 1 Lower level 3.37 m X 3.68 m Bedroom 2
Extra Room 2 Lower level 1.56 m X 2.87 m Bathroom
Extra Room 3 Lower level 3.37 m X 2.88 m Utility room
Extra Room 4 Lower level 4.46 m X 4.25 m Living room
Extra Room 5 Lower level 3.82 m X 4.17 m Kitchen
Extra Room 6 Lower level 4.46 m X 3.58 m Bedroom
Interior
Heating Forced air
Cooling Central air conditioning
Exterior
Parking Features Yes
View Y/N No
Total Parking Spaces 5
Private Pool No
Building
Story 2
Sewer Sanitary sewer