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403 Peach Tree Ln

Peach Tree Ln, East End, Ottawa, ON, K1K 2R7

4
Beds
1
Baths
$1,369,000
List Price
Details
Photos
24
Comparables
History
403 Peach Tree Ln, Ottawa, ON - 1 of 3
403 Peach Tree Ln, Ottawa, ON - 2 of 3
403 Peach Tree Ln, Ottawa, ON - 3 of 3
51 days on market

Quick Summary

  • Turnkey triplex with significant upside
  • Zoning allows for additional 3 bachelor units
  • Flat roof enables easy conversion to 6-plex
  • Upper unit rents for $2,800/month
  • Main unit rents for $2,400/month
  • Basement unit rents for $2,200/month
  • Additional $275/month from parking and laundry
  • Current cap rate of 5.27%

Turnkey triplex with significant upside. An additional third floor can be added under the current zoning anddrawings for three additional bachelor units have been completed. The flat roof allows you to easily convert theproperty into a Legal 6plex. As is: The Upper Level 4-bedroom unit is renting for $2800, the 4 bedroom unit on themain... Show More

Turnkey triplex with significant upside. An additional third floor can be added under the current zoning anddrawings for three additional bachelor units have been completed. The flat roof allows you to easily convert theproperty into a Legal 6plex. As is: The Upper Level 4-bedroom unit is renting for $2800, the 4 bedroom unit on themain level is renting for $2400, and the three-bedroom basement unit is renting for $2200 per month. Additional$275 per month of revenue from parking and laundry. Utilities are not included. Property currently has a cap rateof 5.27%. Perfect investment opportunity for growth-minded buyers. Construction services can be provided forthose interested in adding the 3 units. Permits have been submitted for the 3 additional units. 24 hrs irrevocable on all offers; as per form 244. (id:54626)

Property Details

Size

Sq. Ft. Not Available
4 Beds
4 Above Grade
1 Bath
1 Full

Parking

5 Parking Spaces
-

Lot

Size
671′0″ * 1197′12″
Acres
-

Build

Year Built
-
Model Name
-
Basement
Finished
Exterior
Brick
Foundation
Poured Concrete
Builder Name
-
Stories
-
Flooring
-
Roof
-

Heating & Cooling

Heating
Baseboard heaters
Cooling
-

Utilities

Water
Municipal water
Sewer
Sanitary sewer
SHOW LESS

Source

Listing Brokerage

MLS® Listing
X10418773
Last Updated
December 14, 2024
Brokerage
RARE REAL ESTATE INC.
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Call us 800-591-0566

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