214 Hannah Street Street Ottawa, Ontario K1L 7M7
$795,000
Renovated Legal Duplex Take advantage of a unique legal duplex opportunity before the spring market heats up! Whether youre an investor or looking for a home with rental income, this property combines modern renovations, strong financials & redevelopment potential. Property Features: 2 Units: Unit 1: Lower Unit Bright 2-bedroom unit rented at $1,790/month until May 2025. Separate Garage: Perfect for storage or additional rental income. Unit 2 (Vacant): Upper Unit Renovated 3-bedroom unit with modern finishes, rented at 1,990/month. Separately metered, tenants pay all utilities. Zoning: R4 excellent potential for redevelopment or future expansion. Why This Property is a Smart Buy: Investors: Gross Income: $45,360/year, Net income after expenses: $39,050. ROI: Solid 5% at the current list price. Homeowners: Move into the vacant unit and let rental income help with your mortgage! Financial Snapshot: Annual Property Taxes (2024): $4,678. Annual Insurance: $1,632, Flooring: Hardwood, Flooring: Laminate (id:48755)
Property Details
| MLS® Number | X10629536 |
| Property Type | Single Family |
| Neigbourhood | Vanier |
| Community Name | 3402 - Vanier |
| Amenities Near By | Public Transit, Park |
| Parking Space Total | 4 |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 5 |
| Bedrooms Total | 5 |
| Exterior Finish | Brick |
| Foundation Type | Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Baseboard Heaters |
| Type | Duplex |
| Utility Water | Municipal Water |
Parking
| Attached Garage |
Land
| Acreage | No |
| Fence Type | Fenced Yard |
| Land Amenities | Public Transit, Park |
| Sewer | Sanitary Sewer |
| Size Depth | 66 Ft |
| Size Frontage | 60 Ft |
| Size Irregular | 60 X 66 Ft ; 0 |
| Size Total Text | 60 X 66 Ft ; 0 |
| Zoning Description | Residential |
https://www.realtor.ca/real-estate/27678751/214-hannah-street-street-ottawa-3402-vanier
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Milkan Berhe
Salesperson
www.facebook.com/missmikaa
343 Preston Street, 11th Floor
Ottawa, Ontario K1S 1N4
(866) 530-7737
(647) 849-3180
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December 04 2024 06:02:20
Ottawa Real Estate Board
Exp Realty