LOADING

144 Drummond Street Ottawa, Ontario K1S 1K2

Fireplace None Forced Air

$879,900

Triplex potential with two units already available for rent. HUGE potential to complete a third self contained basement apartment with 9 foot ceilings and separate entrance for less than $75,000.Renovate the basement and run all three units as an air b n b or rent to Executive clientele. Potential rental income of a two bedroom suite would be another $1700 x 12 = $20,400. Pay the basement apartment off in 4 years and add another $20,400 to your $33,690. Total potential income : $54,090.Great location within walking distance to the Glebe. Buy the up and coming neighborhood and enjoy the benefits of the quiet canal and low traffic! (id:15865)

Property Details

MLS® Number 1140039
Property Type Multi-family
Neigbourhood OLD OTTAWA EAST
Community Name Old Ottawa
Amenities Near By Public Transit, Shopping, Water Nearby
Community Features Family Oriented
Parking Space Total 2

Building

Basement Development Unfinished
Basement Type Full (unfinished)
Constructed Date 1890
Cooling Type None
Exterior Finish Stucco
Fireplace Present Yes
Fireplace Total 1
Flooring Type Wall-to-wall Carpet, Mixed Flooring, Hardwood, Other
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Type Duplex
Utility Water Municipal Water

Land

Acreage No
Current Use Development Residential
Land Amenities Public Transit, Shopping, Water Nearby
Sewer Municipal Sewage System
Size Depth 99 Ft
Size Frontage 33 Ft
Size Irregular 33.01 Ft X 99 Ft
Size Total Text 33.01 Ft X 99 Ft
Zoning Description Residential

https://www.realtor.ca/PropertyDetails.aspx?PropertyId=20354841

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