7 Bedrooms

3 Bathrooms

2,500 - 3,000 sqft Interior

6 Parking spaces

39 X 100 Ft Lot size

1 day ago Listed

Fireplace Central Air Conditioning Forced Air Finished basement

About this home

Turnkey triplex investment opportunity consisting of a legal duplex with an additional secondary dwelling unit in desirable Fairfield Heights/ Britannia. Strong reliable tenant profile with lots of upside potential, meticulously maintained with over 25 years of pride of ownership. The property features two spacious 3-bedroom units and one 1-bedroom unit, offering an excellent unit mix for stable rental income. Units have been updated over time, with new doors & windows, electrical panels and fully renovated bathroom. Updated kitchens with dishwasher & OTR Microwave. Tenants are reliable and pay on time, with separately metered hydro & gas paid by tenants of upper units, coin operative laundry machines. Recent improvements include two Rheem gas forced-air furnaces (2018 & 2020) and efficient Rinnai Tankless water heater. Ideal for investors seeking a well-maintained, low-maintenance asset or owner-occupants looking to live in one unit while offsetting expenses with rental income. Prime west end location close to Bayshore shopping Centre, Lincoln Heights, Carlingwood Mall, Britannia Beach, steps to transit, new LRT Station and quick easy access to the Queensway. (id:28469)

Facts & features

Property

MLS® Number: X13645972
Property Type: Multi-family
Community Name: 6202 - Fairfield Heights
Parking Space Total: 6

Building

Bathroom Total: 3
Bedrooms Above Ground: 7
Bedrooms Total: 7
Appliances: Dishwasher, Dryer, Microwave, Stove, Washer, Refrigerator
Basement Development: Finished
Basement Type: Full (finished)
Cooling Type: Central Air Conditioning
Exterior Finish: Brick
Fireplace Present: Yes
Foundation Type: Concrete
Heating Fuel: Natural Gas
Heating Type: Forced Air
Stories Total: 2
Size Interior: 2,500 - 3,000 Sqft
Type: Duplex
Utility Water: Municipal Water

Parking

Attached Garage: —
Garage: —

Land

Acreage: No
Sewer: Sanitary Sewer
Size Depth: 100 Ft
Size Frontage: 39 Ft
Size Irregular: 39 X 100 Ft
Size Total Text: 39 X 100 Ft

The Fairfield Heights market

8 Active listings

$590,000 Median asking price

57% above median This home

14 days Avg. time on market

Browse all Fairfield Heights listings →

Monthly payment estimate

Home price

Down payment 20%

Interest rate (%)

Amortization

Frequency

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: $4,095/mo
Ontario land transfer tax: $14,973 one-time

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

Rooms

Second Level

Living Room 3.84 m x 5.18 m
Kitchen 3.35 m x 3.35 m
Primary Bedroom 3.44 m x 4 m
Bedroom 2 4.18 m x 2.77 m
Bedroom 3 3.05 m x 2.8 m

Main Level

Living Room 3.84 m x 5.18 m
Kitchen 3.35 m x 3.35 m
Primary Bedroom 4 m x 3.35 m
Bedroom 2 2.77 m x 4.18 m
Bedroom 3 3.05 m x 2.8 m

Location

898 Watson Avenue, Ottawa, Ontario K2B 6B9 · Get directions

898 Watson Avenue