1312 Avenue R Avenue, Ottawa, Ontario K1G 0B9

Listed for:
$999,900
6 beds
3 baths
Listed 2 days ago
Triplex for rent: 1312 Avenue R Avenue, Ottawa, Ontario K1G 0B9

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About

Cross Streets: Tremblay Rd to Avenue R Ave. ** Directions: HWY 417 to Exit at St-Laurent South to R.on Tremblay Rd to L.on Ave R. Attention investors & multi-generational families! This rare, turnkey raised bungalow duplex features a fully independent, detached in-law suite, offering an incredible opportunity for high cap rates, substantial cash flow, or premium co-living. Location is unbeatable: a 2-minute walk to the LRT plugs you directly into Ottawa's transit vein, reaching downtown Parliament, Ottawa U, and La Cité in less than 15 minutes. Daily errands are a breeze with Trainyards retail hub just a 10-minute walk away, putting every possible amenity at your doorstep. The Home features a bright 3-bed, 1-bath upper unit and a spacious 2-bed, 1-bath lower unit. The detached in-law suite offers a private, separate 1-bed, 1-bath layout with 36 Inch Doors and Walk in Shower. Extensive recent updates within the last year leave absolutely nothing to do: enjoy brand-new flooring, gorgeous quartz countertops, modern backsplashes, fresh paint, and updated lighting throughout. The exterior boasts a massive parking area for up to 5 vehicles and premium 50-year shingles for ultimate peace of mind and low maintenance reserves. Whether you are looking to house an extended family with total independence, live in one unit while letting tenants pay the mortgage, or add a high-yielding asset with multiple revenue streams to your portfolio, this property delivers on every front. Don't miss out on one of the city's most convenient transit-oriented pockets. Rents Unit A (Tenants Just vacated $2500+Hydro) Unit B ($2300+Hydro) Unit C ($1975-All Inclusive) Property operating at a 6.68% Cap Rate at asking Price. 24 Hour Notice for Showings and 24 Hour Irrevocable on All Offers. (id:27476)

Property Highlights

MLS® Number
X13159328
Type
Multi-family
Community Name
3601 - Eastway Gardens/Industrial Park
Land Size
65 x 90 FT|under 1/2 acre
Parking Space Total
5

Building

Building Type
Triplex
Storeys
1.00
Square Footage
1100 - 1500 sqft
Bathrooms Total
3
Bedrooms Above Ground
6
Bedrooms Total
6
Amenities
Separate Heating Controls, Separate Electricity Meters Hospital, Public Transit
Exterior Finish
Brick, Vinyl siding
Fireplace Present
No
Basement Type
Full (Finished)
Basement Features
Building Heating Type
Forced air, Heat Pump
Heating Fuel
Natural gas, Other
Building Cooling Type
Central air conditioning

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location

Learn more about this property
Listing provided by:
BENNETT PROPERTY SHOP REALTY
MLS® number:
X13159328
Agent:
Marnie Bennett
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