Home with brick exterior material, building for 1702 Russell Rd, Ottawa Ontario K1G 0M9
4 hours on Market

1702 Russell Rd, Ottawa, Ontario K1G 0M9

Townhouse
8
3
~2000-2500 sqft
$1,150,000
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Townhouse
8
3
~2000-2500 sqft

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Property Estimate

Days on market4 hours

Estimated valueNot available

Price/Sqft$518/sqft

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Description

Purpose-Built Brick Triplex in a Prime Location! Ideal as multi-generational home. A property you can easily envision calling home while generating income. This well-maintained triplex offers two spacious 3-bedroom units (over 1000 sqft each) and one bright 2-bedroom basement (865 sqft) apartment with walkout. Renovations completed in 2023- Apts 1 and 2 include - IKEA kitchens including sink, faucets, countertop and backsplash tile, vinyl flooring in hallways, living/dining room, newer appliances and vanity in bathroom; Apt B - bathroom vanity. Tenants pay their own hydro, keeping operating costs low. The basement and second-floor apartments share a common laundry room, while Apartment 2 features a convenient in-unit stackable washer and dryer in the bathroom. Each unit is well divided, bright, and generously sized ideal for tenants or owner-occupiers alike. The 3 apartments feature eat-in kitchens, plus Apt #1 and #2 have option of a large living room area or combined living/diningrm. Apt#1 and #2 have similar layouts. All three units are currently tenanted on month to month. Roof 2005 with 25 year shingles. Newer windows. Large backyard 52' x 110' with interlock patio. An investment opportunity live in one unit and collect income from the others, or add a strong, low-maintenance property to your portfolio. Located within walking distance to Elmvale Acres Shopping Mall, and close to The Perley, CHEO, The Ottawa General Hospital, schools, and Trainyards, this property offers unmatched convenience and appeal for both investors and residents. 24 hour notice for showings.


Property Details

Style2-Storey
View-
Age of property-
SqFt~2000-2500 SqFt
Lot Size5,720 SqFt(110 x 52)
Parking Spaces8
MLS ®NumberX12830676
Community NameElmvale - Eastway - Riverview - Riverview Park West
Data SourceTRREB
Listing byROYAL LEPAGE PERFORMANCE REALTY

Features

Heating: Baseboard
Basement: Apartment

Main Floor

Kitchen

3.42 x 3.64

Eat-In Kitchen / Ceramic Floor

Living

6.57 x 3.54

Combined W/Dining

Primary

4.12 x 3.6

2nd Br

4.12 x 3.59


Features

Lot size: 5,720 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 8


Property listed by ROYAL LEPAGE PERFORMANCE REALTY, Brokerage
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Population and Demographics

Overview

Total population 14027
Average household income $129,500

Age (%)

0 to 19
19%
20 to 34
22%
35 to 49
18%
50 to 64
19%
65 and plus
21%

Household composition (%)

Single family
56%
Single person
35%
Multi person
8%
Multi family
0%

Mother tongue (%)

English
64%
French
15%
Arabic
6%
Others
4%
English and French
3%
Spanish
2%
Mandarin
1%
Somali
1%

House tenancy (%)

Owners
51%
Renters
49%

What’s nearby?Essentials within 5 km

Local Logic

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