882 Balsam Drive, Ottawa, Ontario K1E 1B5

Listed for:
$894,999
6 beds
2 baths
Listed 9 days ago
Duplex for rent: 882 Balsam Drive, Ottawa, Ontario K1E 1B5

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Learn more about this property
Listing provided by:
AVENUE NORTH REALTY INC.
MLS® number:
X12482063
Agent:
Keon Mohammad-dawoudi
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About

Cross Streets: Balsam Dr and Jeanne D'arc blvd. ** Directions: Take Highway 174 East toward Orleans. Exit at Place d'Orleans Drive / Champlain Street.Turn left (north) on Champlain Street.Turn right on Jeanne D'Arc Boulevard North.Turn right on Balsam Drive. Continue until you reach 882 Balsam. 882 Balsam Drive just became an even greater opportunity - now city-approved for a third unit! This newly renovated, turn-key legal duplex in the heart of Orleans sits on an impressive 65' x 150' lot, offering the perfect blend of strong cash flow, modern upgrades, and future development potential.Originally a single-family bungalow, the property has been expertly converted into two self-contained units with separate entrances and hydro meters. The main level offers 3 spacious bedrooms, a full bathroom, and access to an attached garage - currently rented for $2,550/month, with tenants covering hydro. The lower unit features 3 bedrooms, a full bathroom, and is rented for $2,200/month. With city approval already in place for a third dwelling, this property can now be transformed into a triplex - adding tremendous value and long-term upside. A third hydro meter is already installed, and the seller has paid for professional plans for the third unit, giving the next investor a head start.The home has been fully renovated top-to-bottom, including new kitchens (with quartz countertops & stainless steel appliances), modern bathrooms, flooring, drywall, paint, pot lights throughout, upgraded electrical & plumbing, new basement windows, new interlock, a brand-new driveway that fits up to 9 vehicles, and more. Located just minutes from Highway 174, the upcoming LRT station, Place d'Orleans Mall, and the Ottawa River, this property offers unmatched convenience in one of Orleans' most sought-after areas.Whether you're looking to expand your portfolio, or secure a cash-flowing, future-ready investment, this is the one. (id:27476)

Property Highlights

MLS® Number
X12482063
Type
Multi-family
Community Name
1101 - Chatelaine Village
Land Size
65 x 150 FT
Parking Space Total
10

Building

Building Type
Duplex
Storeys
1.00
Square Footage
700 - 1100 sqft
Bathrooms Total
2
Bedrooms Above Ground
3
Bedrooms Total
6
Exterior Finish
Brick, Brick Facing
Fireplace Present
No
Basement Type
N/A (Finished), N/A, Full
Basement Features
Separate entrance
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location