210 - 208 Ethel Street Ottawa, Ontario K1L 5X2
$550,000
PRIME INVESTMENT OPPORTUNITY in Vanier! Discover this fantastic DUPLEX in the rapidly growing community of Vanier, perfect for investors or owner-occupants looking for rental income. This property features separate HYDRO meters, an OWNED hot water tank and furnace (2013), and a roof updated in 2017. Additional upgrades include modern electrical, new flooring, and updated toilets. With strong rental income potential and an R4U ZONING designation, this property offers flexibility for future development or multi-unit expansion. Located in an area experiencing revitalization, this is an excellent opportunity to INVEST in a high-demand rental market. Upper unit is has 1 br and is rented for $1300/mth + Hydro. Main level is rented by rooms with 4 /5 rooms generating $3700/mth(all inclusive). NOI $46,200, CAP 8.4%. Showings only permitted on approved conditional offers. Upgrades-Roof 2017, Furnace & Electrical 2013. (id:19720)
Property Details
| MLS® Number | X12021462 |
| Property Type | Multi-family |
| Community Name | 3402 - Vanier |
| Parking Space Total | 4 |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 5 |
| Bedrooms Total | 5 |
| Appliances | Dryer, Two Stoves, Two Washers, Two Refrigerators |
| Basement Development | Unfinished |
| Basement Type | Crawl Space (unfinished) |
| Foundation Type | Block |
| 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
| Detached Garage | |
| Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 95 Ft |
| Size Frontage | 33 Ft |
| Size Irregular | 33 X 95 Ft |
| Size Total Text | 33 X 95 Ft |
| Zoning Description | R4e, R4e-c |
https://www.realtor.ca/real-estate/28029822/210-208-ethel-street-ottawa-3402-vanier
Contact Us
Contact us for more information
Mazen Jebara
Salesperson
343 Preston Street, 11th Floor
Ottawa, Ontario K1S 1N4
(866) 530-7737
(647) 849-3180
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April 03 2025 06:52:33
Ottawa Real Estate Board
Exp Realty