$749,900
Available - For Sale
Listing ID: X13001678
2343 Church Street , Manotick - Kars - Rideau Twp and Area, K0A 2T0, Ottawa
| Turn-Key Duplex with Accessory Unit! Exceptional Investment Opportunity! This well maintained, income generating property offers a Strong 7.1% CAP RATE and backs onto a serene creek with beautiful water views. The property features THREE Self Contained units: 3 Bedroom, 2Bedroom, and a Bachelor unit. Currently fully rented, with one unit owner occupied, this is a fantastic opportunity for investors or owner occupiers alike. Equipped with 2 Hydro meters and 2 Gas meters, & serviced by well and septic, the property is both efficient and cost conscious. Tenants pay their own utilities as well as yard & driveway maintenance. (Note: Unit 2 covers the hydro & heat for Unit 3). UNIT 1: Bright 2 Bedroom, 1.5 Bathroom unit featuring hardwood flooring throughout the main level, pot lights, and an open concept layout. Enjoy direct access to a private backyard deck and a convenient powder room. Upstairs offers two spacious bedrooms, a full bathroom with a skylight, & in unit Laundry. Includes a private driveway with parking for up to 4 vehicles. UNIT 2: Charming 3 Bedroom, 1 Bathroom unit full of character, featuring high ceilings, hardwood floors, and generous living spaces. Functional kitchen with an adjacent laundry closet. Upper level includes three bedrooms & a full bathroom. Backyard access, parking for 2 vehicles included & Owner Occupied. UNIT 3: Non-conforming Bachelor unit located on the main floor with a separate entrance, clean and efficient with its own kitchen, full bathroom, & laundry. A great low maintenance rental option with 2 dedicated parking spaces. Additional highlights include a Detached 2 Car Garage offering excellent storage, a low unfinished basement for easy utility servicing, and a sidewalk right out front for added convenience. Ideally located in the heart of North Gower, within walking distance to shopping, parks, restaurants, and the LCBO. A rare, turn-key investment, this is the one you've been waiting for! Financials Available |
| Price | $749,900 |
| Taxes: | $3873.00 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Owner+T |
| Address: | 2343 Church Street , Manotick - Kars - Rideau Twp and Area, K0A 2T0, Ottawa |
| Postal Code: | K0A 2T0 |
| Province/State: | Ottawa |
| Legal Description: | LT 89 PL 628 N GOWER; RIDEAU |
| Directions/Cross Streets: | Church Street and Fourth Line Road |
| 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 |
| Category: | Apartment |
| Building Percentage: | T |
| Total Area: | 2939.00 |
| Total Area Code: | Square Feet |
| Water Expense: | $0 |
| Net Income Before Debt: | $53601 |
| Expenses Actual/Estimated: | $Act |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Partial |
| Water: | Drilled W |
| Water Supply Types: | Drilled Well |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX HALLMARK REALTY GROUP |
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At a Glance:
| Type: | Com - Investment |
| Area: | Ottawa |
| Municipality: | Manotick - Kars - Rideau Twp and Area |
| Neighbourhood: | 8009 - North Gower |
| Tax: | $3,873 |
| Fireplace: | N |
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