Mirna Botros
613-600-2626559 Parkdale Avenue - $2,100,000
559 Parkdale Avenue - $2,100,000
559 Parkdale Avenue
$2,100,000
4504 - Civic Hospital
Ottawa, OntarioK1Y1H9
5 beds
3 baths
4 parking
MLS#: X13225458Listed: about 3 hours agoUpdated:about 3 hours ago
Description
Impressive 3-storey circa 1916 income property in a highly sought-after, mature treed neighbourhood near the Experimental Farm, Civic and Royal Ottawa Hospitals, University of Ottawa Heart Institute, Dow's Lake, LRT, schools, and key employment centres. Fully and professionally renovated from top to bottom, this exceptionally well-managed triplex offers true owner/investor peace of mind, with attention to maintenance, durability, and ease of administration. Ideal for an owner-occupant investor: live in one unit while tenants help offset ownership costs. One rental unit per floor: a 1-bedroom main-level unit, two spacious 2-bedroom units on the 2nd and 3rd floors, plus a bonus rentable main-floor home office/den with separate access and its own 2-piece bathroom - rental use subject to confirming zoning. Yearly gross income of $88,800 and NOI of approx. $64,000, with potential extra income of $12,000 from the front office/den and 4th parking space. Updated kitchens and bathrooms, quality appliances including dishwashers, granite counters in the largest unit, hardwood floors, updated windows and doors, skylight, two gas fireplaces, four maintenance-free fiberglass/aluminum decks with glass railings including around front veranda, Berber-carpeted halls over ceramic tile, intercom system, and separate basement storage for each unit. Excellent utility separation with five hydro meters, four gas meters, three HVAC units, tenant-paid* hot water tanks (*except currently for #2), and basement laundry with separate hot water connections. All electrical fixtures, blinds, and shutters included. Sprinkler-irrigated lawn and flower beds add curb appeal. Four paved parking spaces, including one unused for extra income potential. Quick Queensway access and proximity to major employment nodes help support strong tenant demand. A rare totally renovated central Ottawa triplex combining solid income, thoughtful renovations, and lifestyle flexibility. (id:58075)Details
Details for 559 Parkdale Avenue, Ottawa, Ontario- Property Type
- Multi Family
- Building Type
- Triplex
- Storeys
- 3
- Neighborhood
- 4504 - Civic Hospital
- Land Size
- 60 x 80 FT
- Year Built
- -
- Annual Property Taxes
- $11,736
- Parking Type
- No Garage
Inside
- Appliances
- Washer, Refrigerator, Intercom, Dishwasher, Stove, Dryer, Blinds, Window Coverings
- Rooms
- -
- Bedrooms
- 5
- Bathrooms
- 3
- Fireplace
- -
- Fireplace Total
- -
- Basement
- Partially finished, N/A
Building
- Architecture Style
- -
- Direction
- Cross Streets: Sherwood Drive. ** Directions: Queensway east or west, exit at Parkdale South, building is NE corner of 1st intersection at Sherwood Drive.
- Type of Dwelling
- triplex
- Roof
- -
- Exterior
- Brick
- Foundation
- Stone, Unknown
- Flooring
- -
Land
- Sewer
- Sanitary sewer
- Lot Size
- 60 x 80 FT
- Zoning
- -
- Zoning Description
- Residential
Parking
- Features
- No Garage
- Total Parking
- 4
Utilities
- Cooling
- Central air conditioning
- Heating
- Baseboard heaters, Radiant heat, Natural gas
- Water
- Municipal water
Feature Highlights
- Community
- -
- Lot Features
- Level
- Security
- -
- Pool
- -
- Waterfront
- -
Rooms
Rooms for 559 Parkdale Avenue, Ottawa, OntarioMap
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