1312 AVENUE R AVENUE, Ottawa, ON K1G0B9
3601 - Eastway Gardens/Industrial Park
Key Facts
Description
Attention investors & multi-generational families! This rare, turnkey raised bungalow duplex features a fully independent, detached in-law suite, offering an incredible opportunity for high cap rates, substantial cash flow, or premium co-living. Location is unbeatable: a 2-minute walk to the LRT plugs you directly into Ottawa's transit vein, reaching downtown Parliament, Ottawa U, and La Cité in less than 15 minutes. Daily errands are a breeze with Trainyards retail hub just a 10-minute walk away, putting every possible amenity at your doorstep. The Home features a bright 3-bed, 1-bath upper unit and a spacious 2-bed, 1-bath lower unit. The detached in-law suite offers a private, separate 1-bed, 1-bath layout with 36 Inch Doors and Walk in Shower. Extensive recent updates within the last year leave absolutely nothing to do: enjoy brand-new flooring, gorgeous quartz countertops, modern backsplashes, fresh paint, and updated lighting throughout. The exterior boasts a massive parking area for up to 5 vehicles and premium 50-year shingles for ultimate peace of mind and low maintenance reserves. Whether you are looking to house an extended family with total independence, live in one unit while letting tenants pay the mortgage, or add a high-yielding asset with multiple revenue streams to your portfolio, this property delivers on every front. Don't miss out on one of the city's most convenient transit-oriented pockets. Rents Unit A (Tenants Just vacated $2500+Hydro) Unit B ($2300+Hydro) Unit C ($1975-All Inclusive) Property operating at a 6.68% Cap Rate at asking Price. 24 Hour Notice for Showings and 24 Hour Irrevocable on All Offers. (id:31684)
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Style
Raised bungalow
Parking Spaces
5
Listing #
X13159328
Property Features
- Cooling:
- Central Air
- Heating:
- Forced Air, Heat Pump, Natural Gas
- Fencing:
- Fenced
- Lot Features:
- Landscaped
Affordability Calculator
$199,980
Estimated monthly payment
$5,322/mo
Principal $799,920 · Est. interest $1,115,960 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Ottawa, ON
- CA$663,417
- Median Listing Price
- 42
- Median Days on Market
- 1,300
- Median Sq Ft
- CA$431
- Median Price / Sq Ft
- 4,465
- Active Listings
- This home’s price is 51% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Ottawa, ON.
Location
- 1312 AVENUE R AVENUE, Ottawa, ON K1G0B9
Nearby Schools
Willis Business College Limited
Secondary School · 0.6 km away
Cecce
School · 0.8 km away
Queen Mary Street Public School
Elementary · 0.9 km away
St Michael School
Elementary · 1.2 km away
Ottawa Technical Secondary School
Secondary · 1.3 km away
Oms Montessori
Elementary · 1.4 km away
Vinci School Ottawa
Elementary · 1.5 km away
Alta Vista Co-Op Nursery
Elementary · 1.5 km away
Pets Beautiful by Janie
School · 1.6 km away
Riverview Alternative School
Elementary · 1.6 km away
Robert E. Wilson Public School
Elementary · 1.7 km away
Rideau High School
Secondary · 1.8 km away
Conseil des Ecoles Catholiques de Langue Francaise
Secondary · 1.8 km away
Ararat Armenian School
School · 1.8 km away
Our Lady of Mount Carmel Elementary School
Elementary · 1.9 km away
Ecole Secondaire Catholique Franco-Cite
Secondary · 1.9 km away
The Ottawa Inuit Children's Centre
Elementary · 1.9 km away
Centre Educatif Tournesol
School · 2.0 km away
Ecole Vision Jeunesse
Secondary · 2.0 km away
Ecole Elementaire Catholique Horizon-Jeunesse
Secondary · 2.0 km away
Commute Calculator
Nearby Homes
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Moving Cost Estimate
EXIT Agents in Ottawa
Listing Courtesy: BENNETT PROPERTY SHOP REALTY
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