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Property at 210 - 208 ETHEL STREET image 1
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30

$550,000

210 - 208 ETHEL STREET
Ottawa, Ontario, Ontario, K1L5X2

MLS® Number: X12021462
Listed 11 days ago
5 2

Property description

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 208 is 1 br & rented for $1300/mth + Hydro. Main level 210 has 5 rooms and is rented for $3900/mth(all inclusive). NOI $46,200, CAP 8.4%. Upgrades-Outer staircase 2024, Furnace & Electrical 2013, paint 2025.

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Courtesy of EXP REALTY

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