214 HANNAH STREET ST new

Vanier And Kingsview Park,ON K1L 7M7

$ 795000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID X10629536

Style Unknown

Annual Tax Amount $4,678

Tax Year 2024

Property Description

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, Flooring: Hardwood, Flooring: Laminate

Location

Province ON

County Ottawa

Area 3402 - Vanier

Rooms

Family Room No

Basement None,None

Interior

Interior Features Unknown

Cooling None

Heat Source Gas

Exterior

Garage Unknown

Pool None

Roof Type Asphalt Shingle

Total Parking Spaces 4

Building

Story 2

Unit Features Public Transit,Park,Fenced Yard

Foundation Concrete

Others

Security Features Unknown

Pets Description Unknown

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