LORNE SCOTT

SALES REPRESENTATIVE

214 HANNAH STREET STREET
Ottawa, Ontario K1L7M7

$795,000

ID# 1421204
Renovated Legal Duplex – Take advantage of a unique legal duplex opportunity before the spring market heats up! Whether you’re an investor or looking for a home with rental income, this property combines modern renovations, strong financials & redevelopment potential. Property Features: 2 Units: Unit 1: Lower Unit Bright 2-bedroom unit rented at $1,790/month to long-term tenants. Separate Garage: Perfect for storage or additional rental income. Unit 2 (Vacant): Upper Unit Renovated 3-bedroom unit with modern finishes, ready to rent at a projected $2,300/month, or ideal for owner-occupancy. Separately metered, tenants pay all utilities. Zoning: R4 – excellent potential for redevelopment or future expansion. Why This Property is a Smart Buy: • Investors: Net Income: $42,770/year. ROI: Solid 5.5% at the current list price. Homeowners: Move into the vacant unit and let rental income help with your mortgage! Financial Snapshot: Annual Property Taxes (2024): $4,678. Annual Insurance: $1,632 (id:25961)
Courtesy of EXP REALTY

Listed on: November 22, 2024

On market: 1 days
Year Built 1960
Cooling Type None
Flooring Type Hardwood, Laminate
Heating Type Baseboard heaters, Hot water radiator heat
Heating Fuel Natural gas
Stories Total 2
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Address Price Bed Bath SqFt Area Sub Area Brokerage
1010 CAHILL DRIVE W Ottawa
1010 CAHILL DRIVE W
 $929,900 4 3 57.93 ft X 100.23 ft (Irregular Lot) Ottawa Hunt Club Western Community RIGHT AT HOME REALTY
61 BERRIGAN DRIVE Ottawa
61 BERRIGAN DRIVE
 $975,000 4 3 34.15 ft X 97.44 ft (Irregular Lot) Ottawa Longfields BENNETT PROPERTY SHOP REALTY
19 DESJARDINS AVENUE UNIT1 Ottawa
19 DESJARDINS AVENUE UNIT1
 $2,000 - 1 * ft X * ft Ottawa Lower Town GRAPE VINE REALTY INC.
173 RIVERDALE AVENUE Ottawa
173 RIVERDALE AVENUE
 $1,599,000 4 4 22.5 ft X 105 ft (Irregular Lot) Ottawa Ottawa South/Rideau Gardens ROYAL LEPAGE TEAM REALTY
2020 JASMINE CRESCENT UNIT410 Ottawa
2020 JASMINE CRESCENT UNIT410
 $344,900 3 2 Ottawa Beacon Hill South POWER MARKETING REAL ESTATE INC.
50 FRANCES COLBERT AVENUE Ottawa
50 FRANCES COLBERT AVENUE
 $1,198,000 4 3 58.6 ft X 0 ft (Irregular Lot) Ottawa Carp CENTURY 21 SYNERGY REALTY INC.
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Lorne Scott

SALES REPRESENTATIVE

Direct: 613-277-6713

lornescott@royallepage.ca

Royal LePage Team Realty

Unit# 200 – 1335 Carling Ave.

Ottawa, Ontario

Canada K1Z 8N8

Office: 613-725-1171

Toll Free: 1-800-307-1545

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