Mirna Botros
613-600-2626267 Michel Circle - $769,900
267 Michel Circle - $769,900
267 Michel Circle
$769,900
3402 - Vanier
Ottawa, OntarioK1L7P4
5 beds
3 baths
4 parking
MLS#: X12057410Listed: 1 day agoUpdated:1 day ago
Description
Beautifully renovated duplex with in-law suite in Vanier North offering an incredible investment opportunity with exceptional rental income of $4,960/month, potential cash flow of $1,000+ per month, and a 6.4% cap rate. The lower units (1 bed, 1 bath each) are newly tenanted for a combined $2,900/month, while the upper 3-bed unit is rented at $2,060/month. Tenants pay their own hydro and heat, keeping operating costs low. Located just a couple of blocks from Beechwood, this property provides easy access to groceries, transit, restaurants, shopping, and more, making it a highly desirable rental location. Extensive renovations include the lower level being completely re-plumbed, LVT flooring throughout, updated bathrooms and kitchens in the lower level, motion-activated common area lighting, new or refurbished appliances, upgraded upstairs electrical panel, new high-efficiency heaters in basement apartments and common area, and fresh paint throughout. This turnkey property offers strong cash flow, low maintenance, and excellent long-term value. Financials are available in the attachments. Schedule your viewing today! (id:58075)Details
Details for 267 Michel Circle, Ottawa, Ontario- Property Type
- Multi Family
- Building Type
- Triplex
- Storeys
- 2
- Neighborhood
- 3402 - Vanier
- Land Size
- 47 x 99 FT ; 0
- Year Built
- -
- Annual Property Taxes
- $5,827
- Parking Type
- No Garage
Inside
- Appliances
- -
- Rooms
- -
- Bedrooms
- 5
- Bathrooms
- 3
- Fireplace
- -
- Fireplace Total
- -
- Basement
- -
Building
- Architecture Style
- -
- Direction
- Michel Circle & Lavergne Street
- Type of Dwelling
- triplex
- Roof
- -
- Exterior
- Brick, Stone
- Foundation
- Block
- Flooring
- -
Land
- Sewer
- Sanitary sewer
- Lot Size
- 47 x 99 FT ; 0
- Zoning
- -
- Zoning Description
- R2L
Parking
- Features
- No Garage
- Total Parking
- 4
Utilities
- Cooling
- -
- Heating
- Baseboard heaters, Natural gas
- Water
- Municipal water
Feature Highlights
- Community
- -
- Lot Features
- -
- Security
- -
- Pool
- -
- Waterfront
- -
Rooms
Rooms for 267 Michel Circle, Ottawa, OntarioMap
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