$849,900
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151 KNOXDALE ROAD, Ottawa, ON K2G1B1

8 Beds
4 Baths
0 Sq Ft

Incredible cashflow opportunity in Manordale (Nepean) near Algonquin College! Fully tenanted at $6, 000 monthly income and a 6.5% CAP RATE. Fully renovated and SDU added in 2020. 8 Bedrooms and 4 Full Bathrooms split between 2 LEGAL separate dwelling units in a sprawling bungalow. Exceeds 2400sqft as per MPAC. Gross income $6, 000 monthly or $72, 000 annually. Incredibly efficient boiler heating and low taxes result in expenses adding up to only ~$13, 610. NET OPERATING INCOME $58, 390. Monthly CASH FLOW approx. $1, 000 even at current interest rates! Prove your investment acumen and show other investors that you CAN cashflow a renovated Ottawa property $1, 000/month at current rates. If rates go down to 3% cashflow becomes $2, 000+. With growing rental income you could cashflow over $1 million during a 30-year ownership. At only 4% value growth per year, resale could be approx. $2.92 million. Attached garage holds opportunity for additional income. Sold furnished. (id:55598)

  • MLS® 1387634
  • Date Listed04/22/2024
  • Days on Realty 84 Days
  • Bedrooms 8
  • Bathrooms 4 baths
  • Lot Size -
  • Sewer Public Sewer
  • Subdivision Manordale
  • Property Type Single Family Residence
  • Year Built 1967
  • Water Public

Interior Features

  • Flooring Vinyl, Ceramic
  • Cooling Wall Unit
  • Heating Hot Water Radiator Heat, Radiant Heat, Natural Gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Walkability in ON / K2G1B1

Source: Walkscore

61/100

Somewhat Walkable

Walk Score ®

37/100

Some Transit

Transit Score ®

77/100

Very Bikeable

Bike Score ®

Overview

Some errands can be accomplished on foot. A few nearby public transportation options. Biking is convenient for most trips.

Transit Summary

18 nearby routes: 18 bus, 0 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 57/100, Transit Score: 49/100, Bike Score: 71/100.

Points of interest near 151 KNOXDALE ROAD, Ottawa, ON K2G1B1

Frequently Asked Questions for 151 KNOXDALE ROAD

Source: Realty.com

151 KNOXDALE ROAD, Ottawa, ON K2G1B1 is a Single Family Residence, Residential property listed for $849,900 The property is 0 sq. ft with 8 bedrooms and 4 bathrooms

Realty.com has 29 photos of 151 KNOXDALE ROAD.

Our records indicate that 151 KNOXDALE ROAD was built in 1967.

The full address for this home is 151 KNOXDALE ROAD, Ottawa, ON K2G1B1.

151 KNOXDALE ROAD has been listed on Realty.com since Mon April 22, 2024

Some errands can be accomplished on foot. A few nearby public transportation options. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 57/100, Transit Score: 49/100, Bike Score: 71/100.

Listing provided courtesy of: KELLER WILLIAMS INTEGRITY REALTY (tel: (613) 829-1818)
Listing agent: Kevin John (tel: (613) 804-4292)

This content last refreshed on 2024-07-15 09:11:12. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 151 KNOXDALE ROAD, Ottawa, ON K2G1B1 : MLS® 1387634