$649,900

House For Sale In Hintonburg - Mechanicsville, Ottawa, Ontario

$649,900

Property Information:

Triplex in Hintonburg for under $650,000! Don't miss out on this fantastic opportunity! Explore this ready-to-go Triplex in vibrant Hintonburg. Situated on a generous lot with exceptional development potential, this property is a gem. This versatile Triplex offers multiple options for savvy investors. You can choose to live in one of the units & rent out the others, creating an ideal living & income arrangement. Alternatively, maintain it as a reliable long-term investment, securing your future retirement plan. Complete w/ 3 parking spaces, 3 separate hydro meters & panels & 3 convenient sheds. Tenants cover their own hydro expenses. Comprised of one spacious 2-bedroom unit & two 1-bedroom units. Located in one of the most sought-after areas in town, w/ easy access to the desirable Wellington shops and the Civic Hospital. Well maintained & cared for by the current owner. Don't let this opportunity slip away. Unit 1 Vacant, bring in your own tenant at current rents!

Property Features:

  • Annual Tax Amount: $4,508
  • Basement Description: Full
  • Basement Dev: Fully Finished
  • Built in: 1922
  • Exterior Finish: Siding
  • Floor Covering: Hardwood, Laminate, Tile
  • Foundation: Poured Concrete
  • Heat Desc: Baseboard
  • Lot Depth: 32.17 Metre
  • Lot Frontage: 9.13 Metre
  • Neighbourhood Influences: Public Transit Nearby, Shopping Nearby
  • Parking Desc: Surfaced
  • Roofing Type: Asphalt Shingle
  • Sewer Type: Sewer Connected
  • Tenant Pays: Electricity
  • Type of Dwelling: Triplex
  • Zoning: R4U
  • Heating Fuel: Electricity
  • Water Supply: Municipal
  • No. of Parking Spaces: 3

Revenue Units:

  • Bedrooms 1
  • Potential Monthly Revenue $2,390
  • Bedrooms 1
  • Potential Monthly Revenue $2,390
  • Bedrooms 2
  • Potential Monthly Revenue $1,450

Courtesy of: Royal LePage Team Realty

Data provided by: Ottawa Real Estate Board 1826 Woodward Drive, Ottawa, Ontario K2C 0P7
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved