REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 830,000
Est. payment | /mo
5 Beds
2 Baths
$ 830,000
Est. payment | /mo
5 Beds
2 Baths
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision 6203 - Queensway Terrace North
MLS Listing ID X12133398
Style 2-Storey
Bedrooms 5
Building Age 51-99
Annual Tax Amount $4,569
Tax Year 2024
Property Sub-Type Detached
Property Description
Welcome to 844 Norton Ave, a prime investment opportunity nestled in one of Ottawas rapidly developing neighbourhoods. This well-maintained duplex is a rare find, offering a fantastic opportunity for investors and developers alike. The property is comprised of two tenant-occupied units, both boasting excellent tenants who take pride in their spaces. The main level features a spacious 3-bedroom, 1-bathroom unit with plenty of natural light and comfortable living space. The lower level offers a cozy 2-bedroom, 1-bathroom unit, perfect for additional rental income. Generating an annual gross revenue of $42,060, this property serves as a lucrative turn-key investment while you plan your next development. With the surrounding area experiencing significant growth and new developments, this property presents an ideal opportunity to purchase and hold for future gains. Situated on a street that has seen substantial revitalization, this duplex not only offers consistent rental income but also holds incredible potential for future redevelopment. Whether youre looking to expand your real estate portfolio or secure a strategic development site, 844 Norton Ave is the perfect choice.
Location
Province ON
County Ottawa
Community 6203 - Queensway Terrace North
Area Ottawa
Rooms
Family Room No
Basement Apartment
Kitchen 2
Separate Den/Office 2
Interior
Interior Features Carpet Free, In-Law Suite, Separate Hydro Meter
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 50.0
Lot Depth 100.0
Total Parking Spaces 5
Building
Unit Features Beach,Park,Public Transit
Foundation Concrete
Listed by SLEEPWELL REALTY GROUP LTD