38 Chippewa Ave
Chippewa Ave, Cityview - Crestview - Meadowlands, Ottawa, ON, K2G 1X9
Quick Summary
Quick Summary
- Spacious 62x90 lot with development potential
- Newly renovated basement with separate entrance
- Potential to earn over $4,000 monthly in rent
- Freshly painted interior throughout the house
- Convenient location near Algonquin College, Merivale
- Basement can be converted to a secondary unit
- Family room on first floor can be used as bedroom
- Recent updates to furnace, AC, kitchen, windows
Amazing opportunity!Perfect for first time home buyers who can use the rent of the lower unit to pay for part of the mortgage. Or investors to take advantage of this approximate distance to Algonquin colleage, merivale and basement business district, Carleton U and transit. The entire house has just been freshly painted. Set on a spacious... Show More
Amazing opportunity!Perfect for first time home buyers who can use the rent of the lower unit to pay for part of the mortgage. Or investors to take advantage of this approximate distance to Algonquin colleage, merivale and basement business district, Carleton U and transit. The entire house has just been freshly painted. Set on a spacious 62x90 lot, the family room on the first floor can be used as a bedroom or a Den. Upstairs, you'll find two more bedrooms.The newly renovated basement has a separate entrance, a bedroom, and a bathroom with a new shower. The existing wet bar could be converted into a SDU with the addition of a few kitchen appliances. You could potentially earn over $4,000 a month in rent, with upstairs bedrooms going for $900-1000 each and the basement $1,200-1,300. For developers, this is also a fantastic lot to do severance or to build a triple car garage single home.Furnace/AC (2016) Kitchen (2019), Deck/Porch (2016), Windows (main 2019 - upstairs 2017).
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Property Details
Size
Parking
Lot
Build
Heating & Cooling
Utilities
Rooms
Foyer
3′6″ x 11′5″
Living Rm
11′7″ x 15′7″
Kitchen
8′5″ x 11′7″
Dining Rm
9′1″ x 11′7″
Bedroom
7′10″ x 11′6″
Full Bath
4′11″ x 7′10″
Ownership Details
Ownership
Taxes
Source
Listing Brokerage
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For Sale Nearby
Sold Nearby
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