898 Watson Avenue, Britannia Heights - Queensway Terrace N And Area, ON K2B 6B9

$924,900
7
BD
3
BA
2,500
SqFt

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List Price
$924,900
MLS#
X13645972
Status
ACTIVE
Type
Multifamily
SubType
Duplex
Style
2-Storey
Bedrooms
7
Bathrooms
3
Living Area
2500-3000
Province
ON
Municipality
Britannia Heights - Queensway Terrace N And Area
Area
Ottawa
Neighborhood
6202 - Fairfield Heights
Subdivision
Pinecrest St At Stephen St

Property Description

Turnkey triplex investment opportunity consisting of a legal duplex with an additional secondary dwelling unit in desirable Fairfield Heights/ Britannia. Strong reliable tenant profile with lots of upside potential, meticulously maintained with over 25 years of pride of ownership. The property features two spacious 3-bedroom units and one 1-bedroom unit, offering an excellent unit mix for stable rental income. Units have been updated over time, with new doors & windows, electrical panels and fully renovated bathroom. Updated kitchens with dishwasher & OTR Microwave. Tenants are reliable and pay on time, with separately metered hydro & gas paid by tenants of upper units, coin operative laundry machines. Recent improvements include two Rheem gas forced-air furnaces (2018 & 2020) and efficient Rinnai Tankless water heater. Ideal for investors seeking a well-maintained, low-maintenance asset or owner-occupants looking to live in one unit while offsetting expenses with rental income. Prime west end location close to Bayshore shopping Centre, Lincoln Heights, Carlingwood Mall, Britannia Beach, steps to transit, new LRT Station and quick easy access to the Queensway.

Additional Information

Taxes
$6,156
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Kitchens
3
Exterior
Brick
Waterfront Type
None
Garage Spaces
1
Garage Type
Attached
Pool
None
Parking Spaces
6

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of GRAPE VINE REALTY INC..