• Mobile: 416-548-7854
  • Office: 416-548-7854
  • Fax: 416-981-7184
  • Toll Free: 1-866-382-2968

$550,000
Available - For Sale
Listing ID: X11951519
137 Glamorgan Drive , Kanata, K2L 1R7, Ottawa


5.92% CAP RATE (not incl updates and mgmt costs) TWO-UNITS... Semi-detached House with In-Law Suite / Apartment - Turn key in KANATA! This is a semi-detached high-ranch style property with UP and DOWN units, with separate entrances and is easy to rent. Current Gross income is $43,020/year and Operating expenses (not incl Maint and mgmt) are low at $13,196 = $29,824 NOI. Great opportunity to also live in one unit and rent the other... pay off a HUGE portion of your mortgage. There is NO CARPET in each of the units. TOP FLOOR UNIT has UPGRADES of KITCHEN with granite countertops, BATHROOM and more. BASEMENT UNIT has an upgraded bathroom. BOTH UNITS are heated by a forced air gas furnace and cooled with a Central AC unit. Both units share a common laundry room. Parking for 4 cars - side by side - so each tenant has their private laneway. A great way to own a FREEHOLD PROPERTY... the rental income helps tremendously. Call now to know more. Make it your retirement invest and a home, all in one! ***The attached house at 135 Glamorgan is also for sale and both can be sold together or separate***
Price $550,000
Taxes: $3242.00
Tax Type: Annual
Occupancy: Tenant
Address: 137 Glamorgan Drive , Kanata, K2L 1R7, Ottawa
Postal Code: K2L 1R7
Province/State: Ottawa
Legal Description: PART LOT 885 PLAN 886, PART 13 AND 36 PL
Lot Size: 42.24 x 112.36 (Feet)
Directions/Cross Streets: Uxbridge Cres
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 0
Washroom Type 7 0
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Washroom Type 11 0
Washroom Type 12 0
Washroom Type 13 0
Washroom Type 14 0
Washroom Type 15 0
Washroom Type 16 0
Washroom Type 17 0
Washroom Type 18 0
Washroom Type 19 0
Washroom Type 20 0
Washroom Type 21 0
Washroom Type 22 0
Washroom Type 23 0
Washroom Type 24 0
Washroom Type 25 0
Washroom Type 26 0
Washroom Type 27 0
Washroom Type 28 0
Washroom Type 29 0
Washroom Type 30 0
Category: Apartment
Building Percentage: T
Total Area: 2000.00
Total Area Code:  Square Feet
Washrooms: 1
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX HALLMARK REALTY GROUP
Personal Picture
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184
 
 Virtual Tour   Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Com - Investment
Area: Ottawa
Municipality: Kanata
Neighbourhood: 9003 - Kanata - Glencairn/Hazeldean
Style:
Lot Size: 42.24 x 112.36(Feet)
Approximate Age:
Tax: $3,242
Maintenance Fee: $0
Beds: 0
Baths: 1
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
$
%
%
Years