1098 Clyde Avenue Ottawa, Ontario K2C 1Y2

7 Bedroom 3 Bathroom 2,500 - 3,000 ft2
None Forced Air

$949,000

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, freshly painted three-bedroom unit and the first floor unit features 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, generating approximately $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:37553)

Property Details

MLS® Number X12917018
Property Type Multi-family
Neigbourhood Copeland Park
Community Name 5405 - Copeland Park
Amenities Near By Park
Community Features School Bus
Parking Space Total 6

Building

Bathroom Total 3
Bedrooms Above Ground 6
Bedrooms Below Ground 1
Bedrooms Total 7
Appliances Dryer, Stove, Washer, Refrigerator
Basement Development Partially Finished
Basement Type Full (partially Finished)
Cooling Type None
Exterior Finish Brick
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 2,500 - 3,000 Ft2
Type Duplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Land Amenities Park
Sewer Sanitary Sewer
Size Depth 105 Ft
Size Frontage 65 Ft
Size Irregular 65 X 105 Ft
Size Total Text 65 X 105 Ft

Rooms

Level Type Dimensions
Third Level Bedroom 4.25 m x 3.26 m
Third Level Bedroom 2 3.54 m x 3.38 m
Third Level Primary Bedroom 4.26 m x 3.32 m
Third Level Bathroom 3.54 m x 1.9 m
Third Level Kitchen 3.54 m x 3.3 m
Third Level Living Room 4.15 m x 3.18 m
Third Level Dining Room 2.62 m x 3.58 m
Lower Level Bedroom 6.77 m x 3.58 m
Lower Level Kitchen 2.45 m x 2.5 m
Lower Level Bathroom 1.66 m x 2.4 m
Lower Level Utility Room 3.41 m x 6.28 m
Lower Level Laundry Room 5.51 m x 6.38 m
Main Level Dining Room 2.18 m x 3.58 m
Main Level Bedroom 4.25 m x 3.26 m
Main Level Bedroom 2 3.54 m x 3.38 m
Main Level Primary Bedroom 4.26 m x 3.32 m
Main Level Living Room 15.1 m x 11.9 m
Main Level Kitchen 3.54 m x 3.3 m

Utilities

Cable Installed
Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/29511306/1098-clyde-avenue-ottawa-5405-copeland-park