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521 Vernon Avenue Ottawa, Ontario K1K 1A7

4 Bedroom 3 Bathroom
Bungalow Central Air Conditioning Baseboard Heaters, Forced Air

$749,900

Outstanding potential in this detached single family bungalow currently used as three separate apartments. Sitting on a beautiful corner lot in a FOURTH density residential zone (R4B) in Castle Heights, a 12 minute drive to Parliament Hill, it is a prime asset with upside. Main floor 3-bedroom tenants leased through May 31, 2021 at $1,375/month inclusive. Basement 1-bedroom apartment is rented month-to-month at $1,200/month inclusive. Basement studio is rented at $975/month inclusive, tenant vacating. Excellent tenants. Always in demand. Income has room to grow. Just starting out? Live downstairs & let the other two units make you wealthy helping pay down your mortgage. Move upstairs later. Two hydro meters. 3-bed and studio forced-air natural gas furnace (newer) plus central air (older; working well). Both basement units flooded with daylight from amazing over-sized windows. Two hot water tanks are owned for reduced operating costs. Ask your agent book a showing! 48 hours notice. (id:36465)

Property Details

MLS® Number 1197646
Property Type Single Family
Neigbourhood Castle Heights
Amenities Near By Public Transit, Recreation Nearby, Shopping
Features Corner Site
Parking Space Total 6

Building

Bathroom Total 3
Bedrooms Above Ground 3
Bedrooms Below Ground 1
Bedrooms Total 4
Architectural Style Bungalow
Basement Development Finished
Basement Type Full (finished)
Constructed Date 1960
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Brick, Siding
Fireplace Present No
Flooring Type Mixed Flooring, Hardwood, Tile
Foundation Type Block
Heating Fuel Natural Gas, Electric
Heating Type Baseboard Heaters, Forced Air
Stories Total 1
Type House
Utility Water Municipal Water

Parking

Attached garage
Carport

Land

Acreage No
Land Amenities Public Transit, Recreation Nearby, Shopping
Sewer Municipal Sewage System
Size Depth 98 Ft ,10 In
Size Frontage 60 Ft
Size Irregular 60 Ft X 98.87 Ft
Size Total Text 60 Ft X 98.87 Ft
Zoning Description R4b

Rooms

Level Type Dimensions
Basement Living Room 13' 1" x 11' 10"
Basement Kitchen 9' 4" x 5' 3"
Basement 3pc Bathroom 8' 4" x 8' 4"
Basement Utility Room 15' 9" x 7' 9"
Basement Living Room 12' 3" x 11' 9"
Basement Kitchen 11' 9" x 7' 9"
Basement Bedroom 12' 0" x 12' 0"
Basement Bathroom 7' 6" x 5' 4"
Main Level Living Room 15' 10" x 13' 8"
Main Level Kitchen 16' 1" x 10' 1"
Main Level Master Bedroom 12' 3" x 12' 1"
Main Level Bedroom 13' 8" x 8' 10"
Main Level Bedroom 12' 2" x 8' 2"

https://www.realtor.ca/real-estate/22025487/521-vernon-avenue-ottawa-castle-heights

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