MLS#: X12771286Listed: 20 days agoUpdated:20 days ago
Description
Investment opportunity with LEGAL SDU, TWO hydro meters, TWO street numbers with separate entrances on a CORNER LOT in Riverview Park! Whether you're an investor chasing reliability or a buyer looking for a low-risk asset, this is a turnkey opportunity in a zero-vacancy zone, steps away to the Faculty of Medicine, the Ottawa Hospital, CHEO & NDMC, and minutes away from Train Yards shopping centre, LRT stations, trail, schools and HWY 417. Great cash flow with room to increase, currently at 6.04% cap rate. 467 Braydon Ave (Upper unit): 4 bedrooms, 1 bathroom, rented at $2,706/month; 469 Braydon Ave (Lower unit): 4 bedrooms, 1 full bathroom & 1 partial bathroom, rented at $2,478 /month; 4 parking spots, rented at $260/month. All major components are updated: Roof: 2025; Hot Water Heater(rental): 2025; Central AC: 2022; Furnace: 2020; All vinyl windows. Loads of value at a fantastic location for those who seek optionality! (id:58075)
Details
Details for 467 469 Braydon Avenue, Ottawa, Ontario
Property Type
Single Family
Building Type
House
Storeys
1
Neighborhood
3602 - Riverview Park
Land Size
60 x 97.1 FT
Year Built
-
Annual Property Taxes
$5,200
Parking Type
No Garage
Inside
Appliances
Refrigerator, Dryer, Microwave, Freezer, Hood Fan, Two stoves, Two Washers, Water Heater - Tankless
Rooms
15
Bedrooms
8
Bathrooms
3
Fireplace
-
Fireplace Total
1
Basement
Finished, Separate entrance, N/A, N/A
Building
Architecture Style
Bungalow
Direction
Cross Streets: Coronation Ave & Station Blvd. ** Directions: Alta Vista to Dorion to left on Knox, continue on Action (turns into Avalon) and right on Braydon.