$949,900
Available - For Sale
Listing ID: X12256520
882 Balsam Driv , Orleans - Cumberland and Area, K1E 1B5, Ottawa
| Presenting a fully renovated, turn-key legal duplex in the heart of Orleans with a THIRD DWELLING POTENTIAL on an outstanding 65' x 150' lot. This property is an ideal investment offering excellent cash flow, modern upgrades, and future development potential. Situated near Highway 174, the upcoming LRT station, Place d'Orléans Mall, the Ottawa River, this property offers unmatched convenience in a high-demand location.Originally a single-family bungalow, this home has been expertly converted into two self-contained units with separate entrances and hydro meters. The main level features three spacious bedrooms, a full bathroom, and access to an attached garage. It is currently leased for $2,550/month, with tenants covering all utilities except gas for heating. The lower unit also includes three bedrooms and a full bathroom, and is rented for $2,200/month, with tenants paying all utilities. Adding to its long-term value, the home sits on an extended lot zoned for a coach home. A third hydro meter has already been installed, and the seller has paid for professional plans for the coach home. The property has undergone a complete transformation, featuring new kitchens (with quartz countertops and stainless steel appliances), bathrooms, flooring, drywall, paint, electrical, plumbing, pot lights throughout, new basement windows, interior doors, washers & dryers, interlock, and a brand-new driveway with space for up to nine vehicles. The attached garage is currently used by the main floor tenants. This truly turn-key property combines modern finishes, strong rental income, and future growth potential. Whether you're an investor expanding your portfolio or a buyer seeking a home with mortgage-subsidizing potential, 882 Balsam Drive is a rare opportunity in one of Orleans most promising neighbourhoods. |
| Price | $949,900 |
| Taxes: | $3923.24 |
| Occupancy: | Tenant |
| Address: | 882 Balsam Driv , Orleans - Cumberland and Area, K1E 1B5, Ottawa |
| Directions/Cross Streets: | Balsam Dr and Jeanne D'arc blvd |
| Rooms: | 6 |
| Rooms +: | 6 |
| Bedrooms: | 3 |
| Bedrooms +: | 3 |
| Family Room: | T |
| Basement: | Separate Ent, Finished |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Main |
| Washroom Type 2 | 3 | Basement |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Property Type: | Duplex |
| Style: | Bungalow |
| Exterior: | Brick, Brick Front |
| Garage Type: | Attached |
| Drive Parking Spaces: | 9 |
| Pool: | None |
| Approximatly Square Footage: | 700-1100 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
| Utilities-Hydro: | Y |
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| AVENUE NORTH REALTY INC. |
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Mina Nourikhalichi
Broker
Dir:
416-882-5419
Bus:
905-731-2000
Fax:
905-886-7556
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At a Glance:
| Type: | Freehold - Duplex |
| Area: | Ottawa |
| Municipality: | Orleans - Cumberland and Area |
| Neighbourhood: | 1101 - Chatelaine Village |
| Style: | Bungalow |
| Tax: | $3,923.24 |
| Beds: | 3+3 |
| Baths: | 2 |
| Fireplace: | N |
| Pool: | None |
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