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426 & 428 Clarence Street E

Old City, Ottawa, ON, K1N 5R8

-
Beds
-
Baths
$1,098,000
List Price
Details
Photos
30
Comparables
History
426 & 428 Clarence Street E, Ottawa, ON - 1 of 3
426 & 428 Clarence Street E, Ottawa, ON - 2 of 3
426 & 428 Clarence Street E, Ottawa, ON - 3 of 3
73 days on market

Quick Summary

  • Two semi-detached homes in one ownership
  • High return over 6 percent capitalization rate
  • New roofs, insulation, electrical, meters, furnaces
  • Monthly rent income totaling over $3,150
  • Excellent location across from community center
  • Walking distance to high schools and Rideau River
  • Parking spots on interlock at front
  • Opportunity to grow investment portfolio

Great opportunity to get this well-maintained real estate as a long-term investment. Two Semi-Detached homes under one ownership. R5L zoning, tons of potential on use. Stable income, high return ( over 6% CAP). Up-to-date maintenance, including the new roofs, Insulation,electrical line, 3 hydro meters, 2 water meter, 2 Furnaces and much... Show More

Great opportunity to get this well-maintained real estate as a long-term investment. Two Semi-Detached homes under one ownership. R5L zoning, tons of potential on use. Stable income, high return ( over 6% CAP). Up-to-date maintenance, including the new roofs, Insulation,electrical line, 3 hydro meters, 2 water meter, 2 Furnaces and much more. #428 offers two units with two hydro meters, current rent income $3150/m plus hydro. #426 offers one unit with 4 beds & 2 baths, main floor den/office, south facing fenced yard, great for owner self-use, or expecting the rent around $3800/m. Excellent location,located right across the city's Community Center and walking distance to the French high school De La Salle, Lisgar high school district. Steps to Rideau River, parks, restaurants, public transit. Parking spots on the interlock at the front. A nice choice to grow your investment portfolio, contact your agent for a showing today. Minimum 24 HOURS SHOWING NOTICE NEEDED. (id:54626)

Additional Media

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Property Details

Parking

2 Parking Spaces
Interlocked

Lot

Size
396′ * 1182′
Acres
-

Build

Year Built
1936
Model Name
-
Basement
Unfinished
Exterior
Brick
Foundation
Stone
Builder Name
-
Stories
2
Flooring
Hardwood, Tile, Vinyl
Roof
-

Heating & Cooling

Heating
Forced air
Cooling
None

Utilities

Water
Municipal water
Sewer
Municipal sewage system
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Source

Listing Brokerage

MLS® Listing
1380090
Last Updated
April 24, 2024
Brokerage
ROYAL LEPAGE TEAM REALTY
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Call us 800-591-0566

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