687 MELBOURNE AVENUE

687 MELBOURNE AVENUE

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Property Description

An absolutely impeccable legal duplex in one of the most sought after neighbourhoods in Ottawa! This is a must see. Top floor 2 bedroom unit features a plethora of light and could be featured in a magazine. Current tenant is paying $2100 all in, leased until Jan 31st 2023. Lower level is now vacant, perfect for a live-in investor. This 2 bedroom unit has access to the full basement, OR finish the basement to make it a triplex with it's own entrance (Buyer to do their diligence). The possibilities endless! Cap rate over 4.7% plus huge upswing potential. Steps from Dovercourt, Broadview School, Nepean High School, and the shops of Westboro!! (id:47962)

Address: 687 MELBOURNE AVENUE
City: Ottawa
State/Province: Ontario
Zip: K2A1X4
Country: Canada
Days On Market: 102 days
Mls Number: 1282071
Property Type: Multi-family
Price: $ 998,900
Building Type: Duplex
Stories: 2
Parking Space: 5
Zoning Description: R3
Land Size: 33.01 ft X 101.4 ft
Transaction Type: For sale
Neigborhood: Laurentianview
Half Bathroom (Bathroom Partial): 0
Foundation Type: Block
Bathrooms: 0
Basement: Full (Unfinished)
Foundation Type: Block
Flooring: Mixed Flooring, Hardwood
Basement Development: Unfinished
Basement Type: Full (Unfinished)
Exterior Finish: Siding, Stucco
Cooling: None
Fireplace: Not Available
Utility Sewer: Municipal sewage system
Water: Municipal water
Amenities Nearby: Public Transit, Recreation Nearby, Shopping
Parking Type: Surfaced
Land Acreage: false
Date Status Price MLS Number URL
June 17, 2022 Active  $998,900 1282067 View Listing
June 17, 2022 Active  $998,900 1282071

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