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Property at 844 NORTON AVENUE image 1
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26

$798,000

844 NORTON AVENUE
Ottawa, Ontario, Ontario, K2B5P6

MLS® Number: X12133398
Listed 61 days ago
5 2

Property description

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.

Building information

Type

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Age

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Amenities

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Appliances

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Basement Features

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Basement Type

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Construction Style Attachment

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Cooling Type

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Exterior Finish

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Foundation Type

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Heating Fuel

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Heating Type

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Size Interior

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Stories Total

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Utility Water

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Land information

Amenities

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Sewer

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Size Depth

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Size Frontage

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Size Irregular

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Size Total

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Rooms

Main level

Bathroom

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Bedroom 3

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Bedroom 2

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Bedroom

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Kitchen

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Dining room

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Living room

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Lower level

Bedroom

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Kitchen

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Living room

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Utility room

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Bathroom

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Bedroom 2

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Courtesy of SLEEPWELL REALTY GROUP LTD

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