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$894,999
Available - For Sale
Listing ID: X12482063
882 Balsam Drive , Orleans - Cumberland and Area, K1E 1B5, Ottawa


882 Balsam Drive just became an even greater opportunity - now city-approved for a third unit! This newly renovated, turn-key legal duplex in the heart of Orleans sits on an impressive 65' x 150' lot, offering the perfect blend of strong cash flow, modern upgrades, and future development potential.Originally a single-family bungalow, the property has been expertly converted into two self-contained units with separate entrances and hydro meters. The main level offers 3 spacious bedrooms, a full bathroom, and access to an attached garage - currently rented for $2,550/month, with tenants covering hydro. The lower unit features 3 bedrooms, a full bathroom, and is rented for $2,200/month. With city approval already in place for a third dwelling, this property can now be transformed into a triplex - adding tremendous value and long-term upside. A third hydro meter is already installed, and the seller has paid for professional plans for the third unit, giving the next investor a head start.The home has been fully renovated top-to-bottom, including new kitchens (with quartz countertops & stainless steel appliances), modern bathrooms, flooring, drywall, paint, pot lights throughout, upgraded electrical & plumbing, new basement windows, new interlock, a brand-new driveway that fits up to 9 vehicles, and more. Located just minutes from Highway 174, the upcoming LRT station, Place d'Orleans Mall, and the Ottawa River, this property offers unmatched convenience in one of Orleans' most sought-after areas.Whether you're looking to expand your portfolio, or secure a cash-flowing, future-ready investment, this is the one.
Price $894,999
Taxes: $3923.24
Occupancy: Tenant
Address: 882 Balsam Drive , Orleans - Cumberland and Area, K1E 1B5, Ottawa
Directions/Cross Streets: Balsam Dr and Jeanne D'arc blvd
Rooms: 6
Rooms +: 6
Bedrooms: 3
Bedrooms +: 3
Family Room: T
Basement: Finished, Separate Ent
Washroom Type No. of Pieces Level
Washroom Type 1 4 Main
Washroom Type 2 3 Basement
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 4 Main
Washroom Type 7 3 Basement
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Washroom Type 11 4 Main
Washroom Type 12 3 Basement
Washroom Type 13 0
Washroom Type 14 0
Washroom Type 15 0
Washroom Type 16 4 Main
Washroom Type 17 3 Basement
Washroom Type 18 0
Washroom Type 19 0
Washroom Type 20 0
Washroom Type 21 4 Main
Washroom Type 22 3 Basement
Washroom Type 23 0
Washroom Type 24 0
Washroom Type 25 0
Washroom Type 26 4 Main
Washroom Type 27 3 Basement
Washroom Type 28 0
Washroom Type 29 0
Washroom Type 30 0
Washroom Type 31 4 Main
Washroom Type 32 3 Basement
Washroom Type 33 0
Washroom Type 34 0
Washroom Type 35 0
Washroom Type 36 4 Main
Washroom Type 37 3 Basement
Washroom Type 38 0
Washroom Type 39 0
Washroom Type 40 0
Total Area: 0.00
Property Type: Duplex
Style: Bungalow
Exterior: Brick, Brick Front
Garage Type: Attached
Drive Parking Spaces: 9
Pool: None
Approximatly Square Footage: 700-1100
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
$
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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.

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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.
AVENUE NORTH REALTY INC.
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At a Glance:
Type: Freehold - Duplex
Area: Ottawa
Municipality: Orleans - Cumberland and Area
Neighbourhood: 1101 - Chatelaine Village
Style: Bungalow
Lot Size: x 150.00(Feet)
Approximate Age:
Tax: $3,923.24
Maintenance Fee: $0
Beds: 3+3
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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