403 PEACH TREE LANE
Ottawa, Ontario K1K2R7

$1,369,000

ID# 1418857

None Baseboard heaters Forced air

Turnkey triplex with significant upside. An additional third floor can be added under the current zoning and drawings for three additional bachelor units have been completed. The flat roof allows you to easily convert the property into a Legal 6plex. As is: The Upper Level 4-bedroom unit is renting for $2800, the 4 bedroom unit on the main level is renting for $2400, and the three-bedroom basement unit is renting for $2200 per month. Additional $275 per month of revenue from parking and laundry. Utilities are not included. Property currently has a cap rate of 5.27%. Perfect investment opportunity for growth-minded buyers. Construction services can be provided for those interested in adding the 3 units. Permits have been submitted for the 3 additional units. 24 hrs notice for showings due to tenants & 24 hrs irrevocable on all offers; as per form 244. Additional inclusions: 2 light fixtures in the basement. (id:43993)

LEARN MORE ABOUT THIS PROPERTY

Courtesy of RARE REAL ESTATE INC.

Listed on: November 01, 2024

On market: 20 days

Year Built	1959
Cooling Type	None
Flooring Type	Hardwood, Laminate
Heating Type	Baseboard heaters, Forced air
Heating Fuel	Natural gas
Stories Total	2

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LOOKING FOR SOMETHING SPECIFIC? LET ME KNOW AND I'LL FIND IT FOR YOU

Chris Drozda

Broker

Phone: 613-223-6625

chrisdrozda@royallepage.ca

John Carkner, Realtor®

johncarkner@royallepage.ca

Sue Barnes, Broker

suebarnes@royallepage.ca

(613) 292-5889

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403 PEACH TREE LANE Ottawa, Ontario K1K2R7

None Baseboard heaters Forced air

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294 DUMBRILLE STREET Kemptville $949,900 Beds: 4 Baths:2 Sq Ft:ArrayChris Drozda | Broker

223 MAIN STREET W Merrickville $1,299,000 Beds: 7 Baths:10 Sq Ft:ArrayAnita deVries Bonneau | Sales Representative

3695 FRONT ROAD Hawkesbury $1,175,000 Beds: 3 Baths:3 Sq Ft:ArraySharon Forbes

2584 WOODS STREET Rockland $2,150,000 Beds: 2 Baths:2 Sq Ft:ArrayAngelo Toscano

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203 CATHERINE STREET UNIT303 Ottawa $579,900 Beds: 2 Baths:2 Sq Ft:ArrayBrad J. Lamb

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739 PRINCIPALE STREET UNITA Casselman $2,600 Beds: 0 Baths:3 Sq Ft:ArrayAnthony Donnelly

340 QUEEN STREET UNIT1204 Ottawa $2,395 Beds: 1 Baths:1 Sq Ft:ArraySepehr Safaee

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26 CLARK'S LANDING LANE Chalk River $899,900 Beds: 4 Baths:2 Sq Ft:ArrayFrance Rivard

600 TRIANGLE STREET Ottawa $924,900 Beds: 4 Baths:3 Sq Ft:ArrayTing Li

99 IVY AVENUE Renfrew $464,900 Beds: 2 Baths:2 Sq Ft:ArrayMike Coulas | Sales Representative

1928 HAWKER PRIVATE Ottawa $589,900 Beds: 3 Baths:3 Sq Ft:ArrayTarek El Attar

1940 HAWKER PRIVATE Ottawa $579,900 Beds: 3 Baths:3 Sq Ft:ArrayTarek El Attar

195 HAROLD STREET Smiths Falls $589,900 Beds: 2 Baths:2 Sq Ft:ArrayAmanda Myers

833 HERITAGE DRIVE Merrickville $749,900 Beds: 3 Baths:2 Sq Ft:ArrayAnita deVries Bonneau | Sales Representative

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