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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 

Market Price Trends

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