ON
Ottawa
K2C1Y2
1098 Clyde Avenue
1098 Clyde Avenue, Ottawa, ON K2C1Y2
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Listing Type
Multi Family
Listing Status
active
50
$945,000

Home Details for 1098 Clyde Avenue

Price
$945,000
Type
Residential Income
Bedrooms
7
Bathrooms
3.0
Square feet
NaN
Parking
Attached
Days on site
24
Listing #
X12343804
Property Description

This turnkey investment opportunity presents an income-generating duplex with a bonus unit, perfectly situated in the sought-after Merivale/Baseline corridor. Nestled on a quiet dead-end street, the property is spacious, well-maintained, and offers both strong rental income and excellent future potential. The second floor hosts a large three-bedroom unit, freshly painted and featuring newly renovated hardwood floors. Tenants enjoy the benefits of a private backyard, gas heating, free parking, and ample storage. Adding to its versatility, the property also includes a non-conforming basement unit that offers additional flexibility or potential rental income. Positioned directly across from a park with scenic walking and biking trails, this location is highly attractive to renters. Its also just minutes away from shopping, schools, restaurants, transit, and the Queensway, ensuring convenience for all occupants. Currently, the property is fully rented to two long-term tenants who wish to remain, generating over $50,000 in annual rental income. With its low turnover rate and high-demand location, this property is ideal for both seasoned investors and those purchasing their first rental. This is a rare chance to own a cash-flowing property in one of Ottawa's prime neighborhoods, with plenty of room to add future value. (id:31684)

Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
  • Parking
    • Attached
Listing Courtesy: GRAPE VINE REALTY INC.
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EXIT EXCEL REALTY, BROKERAGE
1550 Carling Ave. Suite 204, Ottawa, ON K1Z 8S8
Office
613 822 8999
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