259 Bradley Avenue Ottawa, Ontario K1L 7E8
$699,900
Attention Developers, Investors and First-time Buyers!! Duplex with ADDITIONAL 3rd unit on massive 66 x 95 ft lot. 2 lots for the price of 1!! Take advantage of the new federal government (GST) rebate on new qualifying rental. Just a short 10-minute drive to downtown Ottawa. Property zoned R4UA which offers plenty of development options. Draft concept for 8 unit development options available for review. All 3 units consist of 2 bedrooms and 1 bathroom. Unit 3 features balcony while unit 2 offers walk-out deck in rear. Parking for all 3 units. Rents are significantly below market value. Unit 1 currently left vacant, Unit 2 $1,295 + hydro, and Unit 3 $836 + hydro. On turnover, with a quick refresh, rents can be increased substantially. Great upside for the smart investor looking to add value to their portfolio. (id:49712)
Property Details
| MLS® Number | 1351897 |
| Property Type | Multi-family |
| Neigbourhood | Vanier |
| Community Name | Vanier |
| Amenities Near By | Public Transit, Recreation Nearby, Shopping |
| Features | Balcony |
| Parking Space Total | 3 |
| Storage Type | Storage Shed |
| Structure | Deck |
Building
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Constructed Date | 1950 |
| Cooling Type | None |
| Exterior Finish | Stone, Siding |
| Fire Protection | Smoke Detectors |
| Flooring Type | Hardwood, Laminate |
| Heating Fuel | Natural Gas |
| Heating Type | Hot Water Radiator Heat, Radiant Heat |
| Stories Total | 2 |
| Type | Duplex |
| Utility Water | Municipal Water |
Parking
| Open | |
| Surfaced |
Land
| Acreage | No |
| Current Use | Development Residential |
| Land Amenities | Public Transit, Recreation Nearby, Shopping |
| Landscape Features | Landscaped |
| Sewer | Municipal Sewage System |
| Size Depth | 95 Ft |
| Size Frontage | 66 Ft |
| Size Irregular | 66 Ft X 95 Ft |
| Size Total Text | 66 Ft X 95 Ft |
| Zoning Description | R4ua |
Utilities
| Fully serviced | Available |
https://www.realtor.ca/real-estate/25835756/259-bradley-avenue-ottawa-vanier
610 Bronson Avenue
Ottawa, Ontario K1S 4E6
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September 22 2023 01:12:16
Ottawa Real Estate Board
RE/MAX Hallmark Realty Group
