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337 Zephyr Avenue Ottawa, Ontario K2B 5Z9

Central Air Conditioning Forced Air

$1,050,000

LEGAL TRIPLEX. EXCEPTIONAL VALUE. This fantastic TRIPLEX in the prime location of Britannia is a tremendous investment opportunity. Walking distance to Lincoln Fields OTRAIN STATION. Very well maintained with loads of updates (over $255k since 2018). A rare building featuring 3x three bedroom units (lower, main floor and 2nd floor). Ideal location for renting with units in high demand. Lower unit constructed in 2018 ($155k) w/ permits. Plenty of parking. Rents: $1200, $1300, $1400 are well below current market value ($1750) for similar units. All units have private in unit laundry (machines new 2018). No carpet, hardwood/tile only. Tenants pay hydro (3 separate meters,) Tenants pay gas (3 separate meters). Furnaces: 2018 (main) 2018 (lower) 2016 (upper). 3 owned hot water tanks (2018). The only owner cost is water (~$1000/yr). Roof 2015. Sewer main replaced 2018. Attic insulation 2018. Most windows new. This is a diamond in the rough. Low maintenance & easy to rent. (id:36465)

Property Details

MLS® Number 1268631
Property Type Multi-family
Neigbourhood Brittania
Amenities Near By Public Transit, Recreation Nearby, Shopping
Parking Space Total 4

Building

Basement Development Finished
Basement Type Full (finished)
Constructed Date 1960
Construction Style Attachment Attached
Cooling Type Central Air Conditioning
Exterior Finish Brick
Flooring Type Hardwood, Tile
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Type Triplex
Utility Water Municipal Water

Parking

Open

Land

Acreage No
Land Amenities Public Transit, Recreation Nearby, Shopping
Sewer Municipal Sewage System
Size Depth 100 Ft
Size Frontage 50 Ft
Size Irregular 50 Ft X 100 Ft
Size Total Text 50 Ft X 100 Ft
Zoning Description Residential Triplex

https://www.realtor.ca/real-estate/23769551/337-zephyr-avenue-ottawa-brittania

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