For Sale Multi-Family

2343 Church Street

$699,900 Est. $3,099/mo ↓

Ottawa, Ontario K0A 2T0

2,939 sqft Interior
10 Parking spaces
Bldg=176.63 X 75.93 Ft Lot size
32 days ago Listed
Partially Air Conditioned Forced Air

About this home

Turn-Key Duplex with Accessory Unit! Exceptional Investment Opportunity! This well maintained, income generating property offers a Strong 7.66% CAP RATE and backs onto a serene creek with beautiful water views. The property features THREE Self Contained units: 3 Bedroom, 2 Bedroom, and a Bachelor unit. Currently fully rented, with one unit owner occupied, this is a fantastic opportunity for investors or owner occupiers alike. Equipped with 2 Hydro meters and 2 Gas meters, & serviced by well and septic, the property is both efficient and cost conscious. Tenants pay their own utilities as well as yard & driveway maintenance. (Note: Unit 2 covers the hydro & heat for Unit 3). UNIT 1: Bright 2 Bedroom, 1.5 Bathroom unit featuring hardwood flooring throughout the main level, pot lights, and an open concept layout. Enjoy direct access to a private backyard deck and a convenient powder room. Upstairs offers two spacious bedrooms, a full bathroom with a skylight, & in unit Laundry. Includes a private driveway with parking for up to 4 vehicles. UNIT 2: (VACANT) Charming 3 Bedroom, 1 Bathroom unit full of character, featuring high ceilings, hardwood floors, and generous living spaces. Functional kitchen with an adjacent laundry closet. Upper level includes three bedrooms & a full bathroom. Backyard access, parking for 2 vehicles included & Owner Occupied. UNIT 3: Non-conforming Bachelor unit located on the main floor with a separate entrance, clean and efficient with its own kitchen, full bathroom, & laundry. A great low maintenance rental option with 2 dedicated parking spaces. Additional highlights include a Detached 2 Car Garage offering excellent storage, a low unfinished basement for easy utility servicing, and a sidewalk right out front for added convenience. Ideally located in the heart of North Gower, within walking distance to shopping, parks, restaurants, and the LCBO. A rare, turn-key investment, this is the one you've been waiting for! Financials Available (id:28469)

Facts & features

Property

MLS® Number
X13233286
Property Type
Multi-family
Community Name
8009 - North Gower
Parking Space Total
10

Building

Appliances
Dryer, Washer
Cooling Type
Partially Air Conditioned
Heating Fuel
Natural Gas
Heating Type
Forced Air
Size Exterior
2939 Sqft
Size Interior
2,939 Sqft
Type
Multi-family
Utility Water
Drilled Well

Land

Acreage
No
Size Depth
75 Ft ,11 In
Size Frontage
176 Ft ,7 In
Size Irregular
Bldg=176.63 X 75.93 Ft
Size Total Text
Bldg=176.63 X 75.93 Ft
Zoning Description
V1g[667r]

The North Gower market

8 Active listings
$824,450 Median asking price
15% below median This home
27 days Avg. time on market
Browse all North Gower listings →

Monthly payment estimate

$
Estimated payment per month
Mortgage amount
Total interest

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment
$3,099/mo
Ontario land transfer tax
$10,473 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

Location

2343 Church Street, Ottawa, Ontario K0A 2T0  ·  Get directions

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