| 5.6% CAP RATE! Exceptional investment opportunity - 10 BEDROOM/3,200+ sq. ft. FULLY RENOVATED DUPLEX in the heart of Sandy Hill! Each unit features 5 bedrooms, and in-suite laundry, providing excellent rental income. The upper unit offers 3 full bathrooms, while the lower unit includes 2 full bathrooms, making both layouts highly desirable for student living. Both units are finished with modern stainless steel appliances, updated kitchens, luxury vinyl plank flooring throughout (with hardwood flooring in the main living areas of Unit 1), and stylish tiled bathrooms. A substantial addition completed in 2016 as well as the roof for the entire building. This renovated legal duplex is located just steps from the University of Ottawa, offering a prime location with a long history of consistent occupancy by responsible university students and virtually no vacancy concerns offering exceptional cash flow in an unbeatable location close to transit, shopping, restaurants, and all downtown amenities. Annual Gross Income: $121,200, Annual Operating Expenses: $22,739, NOI: $98,460, CAP RATE: 5.6%. |
| Price | $1,749,900 |
| Taxes: | $10202.30 |
| Occupancy: | Tenant |
| Address: | 206 Blackburn Avenue , Lower Town - Sandy Hill, K1N 8A8, Ottawa |
| Directions/Cross Streets: | Templeton & Mann |
| Rooms: | 11 |
| Rooms +: | 9 |
| Bedrooms: | 5 |
| Bedrooms +: | 5 |
| Family Room: | T |
| Basement: | Separate Ent, Full |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Kitchen | 15.68 | 10 | Stainless Steel Appl, Hardwood Floor, Granite Counters |
| Room 2 | Main | Living Ro | 14.4 | 8.92 | Fireplace, Hardwood Floor |
| Room 3 | Main | Dining Ro | 14.01 | 10.23 | Hardwood Floor |
| Room 4 | Main | Powder Ro | 7.58 | 5.35 | 2 Pc Bath, Tile Floor |
| Room 5 | Main | Bedroom | 12.5 | 9.32 | Laminate |
| Room 6 | Main | Bedroom | 9.84 | 8.82 | Laminate |
| Room 7 | Main | Bathroom | 11.91 | 6.33 | 5 Pc Bath, Tile Floor, Double Sink |
| Room 8 | Main | Laundry | Tile Floor | ||
| Room 9 | Upper | Bedroom | 13.09 | 8.99 | Laminate |
| Room 10 | Upper | Bedroom | 10.76 | 9.68 | Laminate |
| Room 11 | Upper | Bedroom | 9.68 | 9.15 | Laminate |
| Room 12 | Upper | Bathroom | 6.92 | 5.35 | 3 Pc Bath, Tile Floor, Separate Shower |
| Room 13 | Lower | Kitchen | 12.82 | 6.82 | Stainless Steel Appl, Laminate, Quartz Counter |
| Room 14 | Lower | Living Ro | 13.48 | 9.15 | Laminate |
| Room 15 | Lower | Dining Ro | 11.68 | 10.07 | Laminate |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Lower |
| Washroom Type 2 | 2 | Main |
| Washroom Type 3 | 5 | Main |
| Washroom Type 4 | 3 | Upper |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Property Type: | Duplex |
| Style: | 2-Storey |
| Exterior: | Brick |
| Garage Type: | None |
| Drive Parking Spaces: | 2 |
| Pool: | None |
| Other Structures: | Shed |
| Approximatly Square Footage: | 1500-2000 |
| Property Features: | School, Public Transit |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | Y |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| AVENUE NORTH REALTY INC. |
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| Type: | Freehold - Duplex |
| Area: | Ottawa |
| Municipality: | Lower Town - Sandy Hill |
| Neighbourhood: | 4004 - Sandy Hill |
| Style: | 2-Storey |
| Tax: | $10,202.3 |
| Beds: | 5+5 |
| Baths: | 5 |
| Fireplace: | Y |
| Pool: | None |