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32 Laurie Ct

Laurie Ct, Glen Cairn, Ottawa, ON, K2L 1S4

6
Beds
3
Baths
-
$XXX,XXX
Details
Photos
29
Comparables
History
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Incredible investment property located in Kanata. 5%+ CAP RATE. Fully renovated, turn-key, fully legal. 6 Bedrooms and 3 Full Bathrooms split between 2 LEGAL separate dwelling units in a sprawling bungalow. Both units are vacant and ready for the new owner?s dream tenant. Gross income $4,000 monthly ($48k/yr). Incredibly efficient boiler...

Incredible investment property located in Kanata. 5%+ CAP RATE. Fully renovated, turn-key, fully legal. 6 Bedrooms and 3 Full Bathrooms split between 2 LEGAL separate dwelling units in a sprawling bungalow. Both units are vacant and ready for the new owner?s dream tenant. Gross income $4,000 monthly ($48k/yr). Incredibly efficient boiler heating, hydro paid by tenants, and low taxes result in expenses adding up to $7,378. NET OPERATING INCOME $40,622. Principal & interest approx. $27,811. CASH FLOW $1,068 per month. $384,480 cash flow over 30yrs on current rents. Units built after Nov 15 2018 are permanently exempt from rent control; buy this property and never be stuck with low rents ever again.

Property Details

Size

Sq. Ft. Not Available
14 total rooms
6 Beds
3 Above Grade - 3 Below Grade
3 Baths
1 Ensuite - 2 Full

Parking

3 Parking Spaces
-

Lot

Size
54′11″ * 101′0″
Acres
0.13

Build

Year Built
1975
Model Name
-
Basement
-
Exterior
-
Foundation
-
Builder Name
-
Stories
-
Flooring
-
Roof
-
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Rooms

Living Rm

13′1″ x 22′1″

Kitchen

10′2″ x 18′7″

Bath 4-Piece

4′11″ x 7′4″

Primary Bedrm

9′8″ x 12′8″

Bedroom

8′3″ x 10′2″

Bedroom

8′1″ x 10′9″

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Ownership Details

Ownership

Title
Freehold
Zoning
Residential

Taxes

Property Tax Year
2021-01-01
Property Tax Amount
$3,678

Source

Listing Brokerage

MLS® Listing
1272728
Last Updated
April 14, 2023
Brokerage
KELLER WILLIAMS INTEGRITY REALTY
Call us 800-591-0566

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