| 613.829.1000
| 613.829.1000
Fantastic turnkey investment opportunity in Castle Heights! This detached home offers two units (in-law suite), both with private entrances and separate laundry. The upper unit is a spacious 3-bedroom, 1.5-bath home featuring hardwood floors, a gas fireplace, a bright bay window, and an eat-in kitchen with under/over-cabinet lighting. It also includes a family room with access to a large deck. Currently rented for $2,624/month(2,689/m Aug 1).The lower unit/in-law suite is a 2-bedroom with its own entrance, full kitchen, bathroom, and in-unit laundry. Minor work could be done to legalize the separation if desired. This unit is currently rented at $1,850/month, increasing to $1,896 in August. The 34'x34' detached garage is a huge value add, with 126 ceilings, triple insulation, a metal roof, 100-amp electrical service, natural gas heating, and running water. Perfect for a workshop, hobbyist or added rental income. The home also features a fully fenced backyard and parking for 6 vehicles in the garage and 6 in the driveway. One garage spot currently rented for 300/m.Combined, the property generates $4,774/month over $55,000/year- 6.7% CAP. If garage fully rented at 1050/m and increased rents considered this could be a 7.9%CAP. Centrally located near Farm Boy, FreshCo, Loblaws, Decathlon, Winners, Montfort Hospital, and the St-Laurent Complex. Easy access to transit, shops, parks, and more. Walk Score 70, Bike Score 70. A smart addition to any portfolio or ideal for live-in landlords. Dont miss it! Annual operating costs: Hydro approx. $2,101, Gas $2,458, Water $1,678, Insurance $3,522. 2024 property taxes: $5,908. (id:37351)
| MLS® Number | X12163595 |
| Property Type | Single Family |
| Community Name | 3502 - Overbrook/Castle Heights |
| EquipmentType | Water Heater |
| Features | In-law Suite |
| ParkingSpaceTotal | 12 |
| RentalEquipmentType | Water Heater |
| BathroomTotal | 3 |
| BedroomsAboveGround | 3 |
| BedroomsBelowGround | 2 |
| BedroomsTotal | 5 |
| Amenities | Separate Heating Controls |
| Appliances | Dishwasher, Dryer, Hood Fan, Two Stoves, Two Washers, Two Refrigerators |
| BasementDevelopment | Finished |
| BasementType | Full (finished) |
| ConstructionStyleAttachment | Detached |
| CoolingType | Wall Unit, Ventilation System |
| ExteriorFinish | Vinyl Siding |
| FoundationType | Concrete, Block |
| HalfBathTotal | 1 |
| HeatingFuel | Natural Gas |
| HeatingType | Hot Water Radiator Heat |
| StoriesTotal | 2 |
| SizeInterior | 1,500 - 2,000 Ft2 |
| Type | House |
| UtilityWater | Municipal Water |
| Detached Garage | |
| Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 109 Ft |
| SizeFrontage | 60 Ft |
| SizeIrregular | 60 X 109 Ft |
| SizeTotalText | 60 X 109 Ft |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Primary Bedroom | 4.36 m | 3.35 m | 4.36 m x 3.35 m |
| Second Level | Bedroom 2 | 3.35 m | 3.37 m | 3.35 m x 3.37 m |
| Second Level | Bedroom 3 | 3.5 m | 2.59 m | 3.5 m x 2.59 m |
| Second Level | Bathroom | 2.59 m | 2.43 m | 2.59 m x 2.43 m |
| Lower Level | Living Room | 7.31 m | 3.04 m | 7.31 m x 3.04 m |
| Lower Level | Bathroom | 2.31 m | 1.52 m | 2.31 m x 1.52 m |
| Lower Level | Laundry Room | 1.67 m | 1.52 m | 1.67 m x 1.52 m |
| Lower Level | Bedroom 4 | 5.63 m | 3.35 m | 5.63 m x 3.35 m |
| Lower Level | Bedroom 5 | 5.63 m | 3.35 m | 5.63 m x 3.35 m |
| Lower Level | Kitchen | 4.26 m | 3.35 m | 4.26 m x 3.35 m |
| Main Level | Living Room | 5 m | 3.4 m | 5 m x 3.4 m |
| Main Level | Kitchen | 4.77 m | 3.2 m | 4.77 m x 3.2 m |
| Main Level | Dining Room | 2.74 m | 2.43 m | 2.74 m x 2.43 m |
| Main Level | Family Room | 7.62 m | 6.09 m | 7.62 m x 6.09 m |
| Main Level | Bathroom | 1.82 m | 1.06 m | 1.82 m x 1.06 m |
https://www.realtor.ca/real-estate/28345702/515-guy-street-ottawa-3502-overbrookcastle-heights
Contact us for more information
Reed Allen
Salesperson
(613) 563-1155
(613) 563-8710
Matt Richling
Salesperson
(613) 563-1155
(613) 563-8710
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Phone Number
(613) 829-1000
Email Address
info@grapevine.ca
Mailing Address
48 Cinnabar Way
Stittsville ON K2S1Y6
