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$589,000

3+1 Beds

2 Baths

1100 - 1500 FEETSQ

QuickQuoteTM: $569K - $720K

Ottawa ON, K1Z 5Z5

MLS® # X12443996

Property Information:

Investor's Commercial Opportunity! Fantastic income-generating property with potential for two rental units in the highly desirable Royal & Civic Hospital area. This spacious home features 4 bedrooms, 2 full bathrooms, and sits on a large lot offering both space and long-term development potential. there are 2 bedrooms on second level and 1 bedroom in the main level, with 1 full bathroom, Upper level is currently rented at $1,500/month.Lower level: Non-confirmed bachelor apartment with full bathroom, currently rented at $750/month.A great opportunity for investors seeking strong cash flow or end users looking to live in one unit and rent the other. Close to hospitals, transit, shopping, and all amenities. (id:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Basement Development: Finished
  • Basement Type: N/A
  • Construction Style - Attachment: Detached
  • Exterior Finish: Vinyl siding
  • Floor Space: 1100 - 1500 sqft
  • Foundation Type: Concrete
  • Heating Type: Other
  • Cooling Type: Central air conditioning

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 3+1
  • Bathrooms: 2
  • Floor Space (approx): 1100 - 1500 Square Feet
  • Irregular: Yes
  • Lot Depth: 98.2 Feet
  • Lot Frontage: 48.0 Feet
  • Lot Size: 48 x 98.2 FT
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 3

Rooms:

  • 2nd Bedroom 2nd Level 3.50 m x 4.05 m
  • Primary Bedroom 2nd Level 4.20 m x 3.10 m
  • 3rd Bedroom Lower Level 1.60 m x 1.50 m
  • Bedroom Lower Level 3.40 m x 2.50 m
  • Kitchen Lower Level 2.00 m x 3.60 m
  • Living Lower Level 7.00 m x 3.50 m
  • Living Main Level 4.60 m x 3.50 m
  • Dining Main Level 3.10 m x 3.50 m
  • Kitchen Main Level 2.27 m x 3.90 m
  • Bathroom Main Level 2.30 m x 1.50 m
  • Bedroom Main Level 2.40 m x 3.20 m

Convert Measurement to:


Courtesy of: POWER MARKETING REAL ESTATE INC.

REALTOR.ca  

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Location of 803 MERIVALE ROAD, Ottawa, Ontario, K1Z 5Z5

Demographic Information of 803 MERIVALE ROAD, Ottawa, Ontario, K1Z 5Z5

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$176,185.10

Average Number of Children

1.67

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

11.88 %

High school certificate or equivalent

18.58 %

Apprenticeship trade certificate/diploma

3.7 %

College/non-university certificate

13.12 %

University certificate (below bachelor)

2.3 %

University Degree

50.42 %

Commuter

Travel To Work

By Car

65.42 %

By Public Transit

13.22 %

By Walking

9.45 %

By Bicycle

0.39 %

By Other Methods

11.52 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

27.81 %

Houses

72.19 %

Own Vs. Rent