1547 VERCHERES STREET, Ottawa, Ontario, K1C7C7
MLS: X12404404 | Fourplex
$1,700,000
Property Description
Rare Investment Opportunity Semi-Detached Bungalow with 2 Fully Equipped Secondary Units (R2A Zoning) Welcome to a purpose-built FOURPLEX rental property designed for comfort, convenience, and income potential. This rare semi-detached bungalow offers FOUR mirror-image units, each approximately 1,340 sq. ft., with 3 spacious bedrooms featuring 8-foot-wide closets, and two three-piece bathrooms per unit. EACH UNIT enjoys its own separate: entrance, gas furnace, central AC, HRV system, hot water tank, 100 Amp electrical panel, gas meter, giving tenants complete independence. Designed for long-term rental success, the property was constructed in 2009-2010, fully compliant with fire and building codes, including vertical and horizontal firewalls for added safety. Natural light floods every unit through large windows in both basement and main floors. Located at the end of a quiet cul-de-sac, the property offers parking for up to 10 vehicles. Currently, all units are rented fully furnished on a month-to-month basis at $3,500 per month each, creating a potential gross annual revenue of $168,000. Live in one unit while renting the others, an ideal income-generating opportunity, thoughtfully designed for maximum functionality and return on investment. You could not rebuild it at this price today! (id:64974)
Quick Facts
- Property Type: Fourplex
- Style: Bungalow
- Bedrooms: 12 (12 above)
- Bathrooms: 4
- Attached: Yes
- Parking: 10 spaces (No Garage)
- Frontage: 100 ft (30.5 m)
Costs
- Annual Taxes: $8,463.40 (2024)
Listing Provided by: FIRST CHOICE REALTY ONTARIO LTD.
Board: Ottawa Real Estate Board
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Forced air, Natural gas
- Cooling: Central air conditioning
- Basement: Apartment in basement, N/A
- Appliances: Washer, Refrigerator, Water meter, Dishwasher, Stove, Dryer, Microwave, Hood Fan
Exterior & Construction
- Style: Bungalow
- Exterior: Brick Facing
- Foundation: Poured Concrete
- Sewer: Sanitary sewer
- Water: Municipal water
Lot & Land
- Frontage: 100 ft (30.5 m)
Community & Neighbourhood
- Building: Separate Electricity Meters, Separate Heating Controls
- Neighbourhood: 2010 - Chateauneuf
Room Details (6 rooms)
Listing Information
Listing History
Buy/Sell/Terminated/Expired listing history for 1547 VERCHERES STREET, Ottawa, Ontario, K1C7C7
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