403 Peach Tree Lane Ottawa, Ontario K1K 2R7
$1,369,000
Turnkey triplex with significant upside. An additional third floor can be added under the current zoning anddrawings for three additional bachelor units have been completed. The flat roof allows you to easily convert theproperty into a Legal 6plex. As is: The Upper Level 4-bedroom unit is renting for $2800, the 4 bedroom unit on themain level is renting for $2400, and the three-bedroom basement unit is renting for $2200 per month. Additional$275 per month of revenue from parking and laundry. Utilities are not included. Property currently has a cap rateof 5.27%. Perfect investment opportunity for growth-minded buyers. Construction services can be provided forthose interested in adding the 3 units. Permits have been submitted for the 3 additional units. 24 hrs irrevocable on all offers; as per form 244. (id:49712)
Property Details
| MLS® Number | X10418773 |
| Property Type | Single Family |
| Neigbourhood | Viscount Alexander Park |
| Community Name | 3103 - Viscount Alexander Park |
| AmenitiesNearBy | Public Transit, Park |
| ParkingSpaceTotal | 5 |
Building
| BathroomTotal | 1 |
| BedroomsAboveGround | 4 |
| BedroomsTotal | 4 |
| BasementDevelopment | Finished |
| BasementType | Full (finished) |
| ExteriorFinish | Brick |
| FoundationType | Poured Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Baseboard Heaters |
| Type | Triplex |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| FenceType | Fenced Yard |
| LandAmenities | Public Transit, Park |
| Sewer | Sanitary Sewer |
| SizeDepth | 99 Ft ,10 In |
| SizeFrontage | 55 Ft ,11 In |
| SizeIrregular | 55.94 X 99.87 Ft ; 0 |
| SizeTotalText | 55.94 X 99.87 Ft ; 0 |
| ZoningDescription | Ru4a |
https://www.realtor.ca/real-estate/27607959/403-peach-tree-lane-ottawa-3103-viscount-alexander-park
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December 14 2024 12:24:17
Ottawa Real Estate Board
Rare Real Estate Inc.
