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1370 MEADOW DRIVE

Ottawa, Ontario K4P1N3

$699,000 for sale



MLS®:
1376597
Contract Days:
83
Community:
Greely
Ownership:
Property Type:
VM3 Triplex , Attached
Total Size:
1.12 ac
Built Date:
1870
Parking:
8
Bedrooms:
+
Bathrooms:
Interior Features

Construction Style:
Attached
Total Stories:
2
Total Bedrooms:
Bedrooms Above Ground:
Bedrooms Below Ground:
Total Bathrooms:
Whole Bathrooms:
0
Half Bathrooms:
Basement Type:
Crawl space (Unfinished)
Basement Development:
Unfinished
Appliances:
Exterior Features

Built Date:
1870
Exterior Finish:
Aluminum siding, Siding
Foundation Type:
Poured Concrete, Stone
Utitilies

Heating Type:
Baseboard heaters, Forced air
Heating Fuel:
Electric, Natural gas
Cooling Type:
None
Utility Water:
Drilled Well
Sewer:
Septic System
Total Fireplaces:
1
Type
Level
Size

Note

Century side-by-side with a third unit under one ownership. Yearly rents of $60,420. Cash flow of $48942 With potential to add more income with 1.1 acres VM3 zoning, allowing for many additional uses such as: adding units, outside storage, mechanic shop, place of worship, retail, dog park, medical building and more. or tear down and build 5 town houses or sever into two building lots or build massive commercial res split use. Or hold for City services. Buyer to Confirm with City for any future builds. All units have active leases till August 2024and2025. Units have Granite countertops 2bed and private laundry. All units have copper wiring, breaker panels, separate gas meters. Two high efficiency furnaces and 3 owned hot water tanks. The 1.1 acre is lined with mature trees, cleared and low sloping. The second piece of land attached on the north side is included. Great long-term tenants that pay rent via e-transfer every month. listing agent is owner. Inside pictures are 2 years old. (id:19004)

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