59 days on Market

48 BELL St, Ottawa, Ontario K1R 7C7

Townhouse
-
-
- sqft
$699,900
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Townhouse
-
-
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$3,006/mo

Tax Amount (2024)$3,971/yr

Days On Market59 days


Description

Investors & savvy buyers take NOTICE! Rarely offered 4.82% Cap Rate! Annual Gross Income of $43,200 split between two renovated turnkey, LEGAL separate units. Prime duplex in the heart of ChinaTown, steps to Little Italy, Dows Lake, close to Ottawa's favourite restaurants, parks, and museums. Minutes away from the Rideau Canal, Parliament Hill, Lebreton Flats, LRT and quick access to Hwy 417. Features include 2 separate Hydro meters, new electrical, new Plumbing, Major updates completed in 2017:Roof, windows, furnace. New siding on back of building 2021, newly paved driveway 2022 and MORE. Each unit has its own laundry. This combination ensures a high-yield, low-expense and minimal-maintenance investment with a projected NOI of $33,000 and 23% Annual return on investment! A Renter's dream and well-cared-for. 24Hrs Irrev on all offers.


Property Details

StyleDuplex - Up&Down
View-
Age of property1900
SqFt-
Lot Size197 SqM(21.79 x 9.07)
Parking Spaces2
MLS ®Number1419434
Community NameWest Centertown
Data SourceOREB
Listing byEXP REALTY

Features

Heating: Forced Air
Basement: Crawl, Unfinished

Features

Lot size: 197 SqM

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property listed by EXP REALTY, Brokerage

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Population and Demographics

Overview

Total population 11252
Average household income $134,175

Age (%)

20 to 34
33%
35 to 49
21%
50 to 64
17%
65 and plus
15%
0 to 19
14%

Household composition (%)

Single person
50%
Single family
41%
Multi person
9%
Multi family
0%

Mother tongue (%)

English
72%
French
10%
English and French
3%
Yue (Cantonese)
3%
Mandarin
2%
Vietnamese
2%
Spanish
2%
Arabic
2%
Italian
2%
Others
0%

House tenancy (%)

Renters
67%
Owners
33%

Schools and amenities

Estimated Budget