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Home ON Ottawa - Gatineau Ottawa Vanier Vanier North
241 FERLAND STREET
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241 FERLAND STREET $639,000
$639,000
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241 FERLAND STREET
Ottawa, Ontario K1L7T5

MLS® Number: 1391525

Listing Description

241 Ferland: Strategically located legal duplex, fully tenanted updated units that generate excellent cash flow ($2300 up/$2000 down) & R4E Zoning. The property offers three beds and one bath upstairs, with 2 beds and one bath downstairs. The property has been extensively renovated and improved both inside and out with newer kitchens, updated bathrooms, insulation, witing, fixtures and far more. Located in an area that sees very high demand this could be an easy investment property to purchase and manage as you grow your real estate portfolio and increase your income over time with solid tenancies and the future appreciation in values near Beechwood. Featuring separate entrances, luxury vinyl flooring, updated kitchens and baths, recent windows, a metal roofing system and newer gas furnace this property shows well and is very well maintained. This building is a true investment property that is well priced and worth pursuing. $51,600 GOI/$43,692 NOI/Cap 6.84%! ***6.84% RETURN*** (28273783)

Property Summary

Property Type
Multi-family
Building Type
Duplex
Storeys
2
Neighbourhood Name
Beechwood Village
Land Size
39.95 ft X 50.01 ft
Built in
1955
Annual Property Taxes
$3,228
Parking Type
Surfaced
Time on REALTOR.ca
52 days

Building

Interior Features
Flooring
Hardwood, Tile, Vinyl
Basement Type
Full (Finished)
Building Features
Foundation Type
Block
Total Units
2
Heating & Cooling
Cooling
None
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Amenities Nearby
Public Transit, Recreation Nearby, Shopping
Parking
Parking Type
Surfaced
Total Parking Spaces
1

Land

Lot Features
Frontage
39 ft ,11 in
Land Depth
50 ft
Present Use
Development residential
Other Property Information
Zoning Description
R4
Lease Type
Net
Data provided by: Ottawa Real Estate Board 1826 Woodward Drive, Ottawa, Ontario K2C 0P7

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