6% cap rate (not incl maint and mgmt) - TWO-UNITS... Semi-detached House with SDU / Apartment in the basement - Turn key in KANATA! This is a semi-detached high-ranch style property with UP and DOWN units, with separate entrances and is easy to rent. FULLY RENTED. Both units were well-renovated in 2017. Current Gross income is $46,200/year and Operating expenses (not incl Maintenance and management) are low at $9,065 = $37,135 NOI. CHECK THE MARKET - this is a GEM investment property. Great opportunity to also live in one unit and rent the other... pay off a HUGE portion of your mortgage. TOP FLOOR UNIT has open kitchen and open living room and 2 bedrooms and 1 bathroom and an extra separate entrance. BASEMENT UNIT is a 2 bedroom and 1 bathroom and as you walk in has kitchen open to the living room - large windows and lots of light. BOTH UNITS have separate meters for heating the units (heat pump), AC and hydro. Units cooled with their own AC unit. Landlord pays water and sewer, insurance, property taxes. Property tax - $3150 in 2024. Both units share a common laundry room. Parking for 3-4 cars. A great way to own a FREEHOLD PROPERTY... the rental income helps tremendously. Call now to know more. Make it your retirement invest and a home, all in one! (id:4069)
Address
135 GLAMORGAN DRIVE
List Price
$619,888
Property Type
Multi-family
Type of Dwelling
Duplex
Style of Home
Bungalow
Area
Ontario
Sub-Area
Ottawa
Bedrooms
3
Bathrooms
2
Floor Area
7,001,100 Sq. Ft.
Lot Size
49.4 x 112.4 FT Sq. Ft.
MLS® Number
X12121698
Listing Brokerage
RE/MAX HALLMARK REALTY GROUP
Basement Area
N/A (Finished)
Postal Code
K2L1R7
Zoning
R2C
Features
Irregular lot size, In-Law Suite
