header

$635,000
Available - For Sale
Listing ID: X12984340
Freshly painted bungalow in a prime location, within walking distance to the Baseline bus stop, offering unbeatable convenience! Ideal for first-time buyers or investors, this property presents a fantastic opportunity to own a dual-income home with strong cash flow potential. Featuring two separate units: the upper unit offers 3 bedrooms, a renovated kitchen with NEW stove (2024), and a full bathroom with NEW washer/dryer (2024); the fully finished basement unit includes 2 bedrooms with egress windows (installed 2021), a modern NEW kitchen (2024), full bathroom, separate laundry, storage space, and an independent electric sub-panel (2024). Additional upgrades include a NEW hydro meter (2024) and separate entrances, including a convenient side entrance under the carport. Property includes Washer/Dryer -( duct free Unit 1) + 1 washer1 dryer (Unit 2), 2 stoves, 2 hood fans, and 1 microwave. Both units are currently rented-upstairs at $2,150/month and basement at $1,600/month (utilities extra), generating $3,750/month ($45,000 annually) in gross income. With estimated expenses including property taxes ($4,600), insurance ($1,200), maintenance ($2,400), and a 5% vacancy allowance, the property delivers an approximate net operating income of $34,550 and a cap rate of ~5.3% at the asking price of $650,000, making it a solid and stable income-generating investment. Vacant possession available with proper notice-don't miss this incredible opportunity!
Price $635,000
Taxes: $4,513.32
Occupancy by: Tenant
Address: 1274 Cobden Road East , Parkway Park - Queensway Terrace S and A, K2C 3A2, Ottawa
Directions/Cross Streets: Baseline/Cobden
Rooms: 3
Rooms +: 2
Bedrooms: 3
Bedrooms +: 2
Washrooms: 2
Family Room: T
Basement: Apartment
No. of Pieces Level
Washroom 1 4 Ground
Washroom 2 4 Basement
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 4 Ground
Washroom 7 4 Basement
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 4 Ground
Washroom 12 4 Basement
Washroom 13 0
Washroom 14 0
Washroom 15 0
Washroom 16 4 Ground
Washroom 17 4 Basement
Washroom 18 0
Washroom 19 0
Washroom 20 0
Washroom 21 4 Ground
Washroom 22 4 Basement
Washroom 23 0
Washroom 24 0
Washroom 25 0
Washroom 26 4 Ground
Washroom 27 4 Basement
Washroom 28 0
Washroom 29 0
Washroom 30 0
Washroom 31 4 Ground
Washroom 32 4 Basement
Washroom 33 0
Washroom 34 0
Washroom 35 0
Property Type: Detached
Style: Bungalow
Exterior: Concrete
Garage Type: Carport
(Parking/)Drive: Available,
Drive Parking Spaces: 3
Park #1
Parking Type: Available,
Park #2
Parking Type: Available
Park #3
Parking Type: None
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: Other
Utilities-Cable: Y
Utilities-Hydro: Y
First Name: *
Last Name: *
Phone: *
Email: *
Showing Date:
Showing Time:
I Am Thinking of Moving
 
First Name: *
Last Name: *
Phone: *
Email: *

Message:


From:

Name:
Email:

To:

Name:
Email:

Comment:

 

Down payment: $  
Interest Rate: %  
Amortization :  Years
Payment Frequency:
Your Payment:
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RIGHT AT HOME REALTY

1274 Cobden Road East , Parkway Park - Queensway Terrace S and A, K2C 3A2, Ottawa

Personal Picture
Maria Tompson
Sales Representative
Dir:
905-361-0512
Bus:
905-361-0512
Fax:
905-361-0853

 
 Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Freehold - Detached
Area: Ottawa
Municipality: Parkway Park - Queensway Terrace S and A
Neighbourhood: 6303 - Queensway Terrace South/Ridgeview
Style: Bungalow
Lot Size: x 99.88(Feet)
Approximate Age:
Tax: $4,513.32
Maintenance Fee: $0
Beds: 3+2
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
Price:
Down Payment: %
Rate: %
Amortization:  Years
Frequency
Calculate
Down Payment:
Mortgage Payment:
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Listing added to compare list, click here  to view comparison chart.
Personal Picture
Maria Tompson
Sales Representative
Re/Max Example Inc., Brokerage
Independently owned and operated.
sales@bestforagents.com
Become A Member
First Name:
Last Name:
Email:
Phone:
Address:
Short Message:
Subscribe me:
Security Code:

 

 


 

Change Language

Personal Pic Maria Tompson Sales Representative pic sales@bestforagents.com Re/Max Example Inc., Brokerage Independently owned and operated. pic 50 Burnhamthorpe Rd west, Mississauga, Ontario L5B3C2 pic Cell: 905-361-0512 | Office: 905-361-0512 | Fax: 905-361-0853
Please note that content and information contained in this website is for demonstration purposes only and this website is trial website or test website and it can not be used for marketing purposes.