For Sale Multi-Family

32 Melrose Avenue

$749,900 Est. $3,320/mo ↓

Ottawa, Ontario K1Y 1T9

3 Bedrooms
2 Bathrooms
1,100 - 1,500 sqft Interior
2 Parking spaces
33 X 83.3 Ft Lot size
1 day ago Listed
Virtual tour None Forced Air

About this home

Located on one of Hintonburg's favourite streets, 32 Melrose is a two-unit property with plenty of potential in a location that continues to be a favourite with both owners and renters.Quiet, one-way Melrose feels nicely tucked away from the action, while still putting you just steps from some of the city's best restaurants, coffee shops, specialty food stores and local favourites.The main floor unit offers one bedroom, a comfortable living space at the front of the home, a full bathroom and a kitchen at the back with laundry. The second unit is spread over two floors, with a bright living room, a small covered balcony overlooking the street, a charming bedroom and a kitchen at the back with access to the rear of the property. Upstairs, the loft adds great flexibility and could work beautifully as a primary bedroom, home office, guest space or studio.The upper unit also has one parking space, and out back there is a sweet shared outdoor area where the current tenants have created and cared for a garden.For someone looking for an owner-occupied opportunity, there is real potential here to renovate, add value over time and enjoy one of Ottawa's most loved neighbourhoods while doing it. Savvy investors will appreciate the R4 zoning on this great street. The property will require fairly significant updating, but with this location, lifestyle and versatility, 32 Melrose is absolutely worth a closer look. (id:28469)

Facts & features

Property

MLS® Number
X13799830
Property Type
Multi-family
Community Name
4203 - Hintonburg
Equipment Type
Water Heater
Features
Lane, Guest Suite, In-law Suite
Parking Space Total
2
Rental Equipment Type
Water Heater

Building

Bathroom Total
2
Bedrooms Above Ground
3
Bedrooms Total
3
Appliances
All
Basement Development
Unfinished
Basement Type
Crawl Space (unfinished)
Cooling Type
None
Exterior Finish
Brick
Foundation Type
Concrete
Heating Fuel
Natural Gas
Heating Type
Forced Air
Stories Total
3
Size Interior
1,100 - 1,500 Sqft
Type
Duplex
Utility Water
Municipal Water

Parking

No Garage

Land

Acreage
No
Sewer
Sanitary Sewer
Size Depth
83 Ft ,3 In
Size Frontage
33 Ft
Size Irregular
33 X 83.3 Ft
Size Total Text
33 X 83.3 Ft

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
$3,320/mo
Ontario land transfer tax
$11,473 one-time

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

The Hintonburg market

17 Active listings
$999,000 Median asking price
25% below median This home
22 days Avg. time on market
Browse all Hintonburg listings →

Rooms

Second Level

  • Living Room 5.61 m x 3 m
  • Kitchen 3.27 m x 3.66 m
  • Bedroom 3.27 m x 3.32 m
  • Bathroom 2.1 m x 1.56 m

Third Level

  • Loft 7.63 m x 4.2 m

Ground Level

  • Living Room 3.7 m x 3.2 m
  • Bedroom 3.3 m x 3.74 m
  • Kitchen 3.69 m x 2.92 m
  • Bedroom 1.9 m x 1 m

Location

32 Melrose Avenue, Ottawa, Ontario K1Y 1T9  ·  Get directions

Want first look at new Hintonburg homes in this price range?

Create a free account