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348 OLMSTEAD STREET, Ottawa, Ontario, K1L 7K5
MLS® # 1290073
Investment For Sale In Vanier South, Ottawa, Ontario
$669,000
348 Olmstead Street, Ottawa, ON - Outdoor
348 Olmstead Street, Ottawa, ON - Outdoor
348 Olmstead Street, Ottawa, ON - Outdoor
348 Olmstead Street, Ottawa, ON - Outdoor
348 Olmstead Street, Ottawa, ON - Outdoor
348 Olmstead Street, Ottawa, ON - Outdoor
348 Olmstead Street, Ottawa, ON - Outdoor
348 Olmstead Street, Ottawa, ON - Outdoor
School across the street - 348 Olmstead Street, Ottawa, ON - Outdoor
School across the street - 348 Olmstead Street, Ottawa, ON - Outdoor
348 Olmstead Street, Ottawa, ON - Outdoor
348 Olmstead Street, Ottawa, ON - Outdoor
348 Olmstead Street, Ottawa, ON - Outdoor
348 Olmstead Street, Ottawa, ON - Outdoor
348 Olmstead Street, Ottawa, ON - Outdoor
348 Olmstead Street, Ottawa, ON - Outdoor
348 Olmstead Street, Ottawa, ON - Outdoor
348 Olmstead Street, Ottawa, ON - Outdoor
School across the street - 348 Olmstead Street, Ottawa, ON - Outdoor
School across the street - 348 Olmstead Street, Ottawa, ON - Outdoor
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348 OLMSTEAD STREET, Ottawa, Ontario, K1L 7K5
$669,000

Property Information:

BOGO DEVELOPMENT POTENTIAL! 99 ft x 33 ft lot on the corner of Olmstead and Maple in a gentrifying area. Two duplex buildings on one lot for a total of four rental units. Zoned R4UA-c which allows a potential of up to 8 units. 2 storey duplex at corner of Maple and Olmstead with a 2 bedroom ($850/month) & 3 bedroom ($740/month) unit. Bungalow on Olmstead is an up and down duplex. 2 bedrooms ($775/month) and 2 bedrooms on lower level ($750/month). All leases are month to month. Tenants pay own hydro. 4 separate metres. Landlord pays heat (natural gas) and water. Across the street from Horizon-Jeunesse Elementary School. Steps to Loblaws on Vanier Parkway, Rideau River and transit. 24 hours irrevocable required on all offers. Showings only allowed as a condition of an accepted offer and with 48 hours notice required. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Basement Development: Not Applicable
  • Basement Type: Full
  • Construction Style - Attachment: Attached
  • Exterior Finish: Stucco, Vinyl
  • Flooring Type: Flooring Type
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None

Property Features:

  • Property Type: Multi-family
  • Current Use: Development residential
  • Features: Corner Site
  • Lease Type: Net
  • Lot Depth: 33.0 Feet
  • Lot Frontage: 99.0 Feet
  • Lot Size: 99 ft X 33 ft
  • Zoning: R4UA-c
  • Sewer: Municipal sewage system
  • Parking Type: Open
  • No. of Parking Spaces: 2

Courtesy of: COLDWELL BANKER RHODES & COMPANY

REALTOR.ca 

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Location of 348 OLMSTEAD STREET, Ottawa, Ontario, K1L 7K5

Demographic Information of 348 OLMSTEAD STREET, Ottawa, Ontario, K1L 7K5

Life Stage

Young Singles

Employment Type

Service Sector

Average Household Income

$68,161.83

Average Number of Children

0.67

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

26.06 %

High school certificate or equivalent

27.46 %

Apprenticeship trade certificate/diploma

7.25 %

College/non-university certificate

19.03 %

University certificate (below bachelor)

0.88 %

University Degree

17.3 %

Commuter

Travel To Work

By Car

43.02 %

By Public Transit

31.28 %

By Walking

13.9 %

By Bicycle

1.67 %

By Other Methods

10.13 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

77.25 %

Houses

22.75 %

Own Vs. Rent

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