844 Norton Avenue Ottawa, Ontario K2B 5P6

$830,000

Welcome to 844 Norton Ave, a prime investment opportunity nestled in one of Ottawas rapidly developing neighbourhoods. This well-maintained duplex is a rare find, offering a fantastic opportunity for investors and developers alike. The property is comprised of two tenant-occupied units, both boasting excellent tenants who take pride in their spaces. The main level features a spacious 3-bedroom, 1-bathroom unit with plenty of natural light and comfortable living space. The lower level offers a cozy 2-bedroom, 1-bathroom unit, perfect for additional rental income. Generating an annual gross revenue of $42,060, this property serves as a lucrative turn-key investment while you plan your next development. With the surrounding area experiencing significant growth and new developments, this property presents an ideal opportunity to purchase and hold for future gains. Situated on a street that has seen substantial revitalization, this duplex not only offers consistent rental income but also holds incredible potential for future redevelopment. Whether youre looking to expand your real estate portfolio or secure a strategic development site, 844 Norton Ave is the perfect choice. (id:43934)

Property Details

MLS® Number	X12133393
Property Type	Multi-family
Community Name	6203 - Queensway Terrace North
Amenities Near By	Beach, Park, Public Transit
Features	Carpet Free, In-law Suite
Parking Space Total	5
Structure	Shed

Building

Bathroom Total	2
Bedrooms Above Ground	3
Bedrooms Below Ground	2
Bedrooms Total	5
Age	51 To 99 Years
Amenities	Separate Electricity Meters
Appliances	Dryer, Two Stoves, Washer, Two Refrigerators
Basement Features	Apartment In Basement
Basement Type	N/a
Cooling Type	Central Air Conditioning
Exterior Finish	Brick
Foundation Type	Concrete
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	2
Size Interior	1,100 - 1,500 Ft2
Type	Duplex
Utility Water	Municipal Water

Parking

Carport
No Garage

Land

Acreage	No
Land Amenities	Beach, Park, Public Transit
Sewer	Sanitary Sewer
Size Depth	100 Ft
Size Frontage	50 Ft
Size Irregular	50 X 100 Ft
Size Total Text	50 X 100 Ft

Rooms

Level	Type	Length	Width	Dimensions
Lower Level	Bedroom 2	3.37 m	3.68 m	3.37 m x 3.68 m
Lower Level	Bathroom	1.56 m	2.87 m	1.56 m x 2.87 m
Lower Level	Utility Room	3.37 m	2.88 m	3.37 m x 2.88 m
Lower Level	Living Room	4.46 m	4.25 m	4.46 m x 4.25 m
Lower Level	Kitchen	3.82 m	4.17 m	3.82 m x 4.17 m
Lower Level	Bedroom	4.46 m	3.58 m	4.46 m x 3.58 m
Main Level	Living Room	4.47 m	4.59 m	4.47 m x 4.59 m
Main Level	Dining Room	3.02 m	2.52 m	3.02 m x 2.52 m
Main Level	Kitchen	3.34 m	4.85 m	3.34 m x 4.85 m
Main Level	Bedroom	4.47 m	3.11 m	4.47 m x 3.11 m
Main Level	Bedroom 2	3.73 m	3.53 m	3.73 m x 3.53 m
Main Level	Bedroom 3	3.34 m	3.35 m	3.34 m x 3.35 m
Main Level	Bathroom	2.29 m	2.29 m	2.29 m x 2.29 m

https://www.realtor.ca/real-estate/28279889/844-norton-avenue-ottawa-6203-queensway-terrace-north