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2 Newly built Duplexes for sale

  • Wed, June 29, 2022 5:36 PM
    Message # 12833283
    Deleted user

    131A and 131B Queen Mary Street 

    Each was built in 2017 as a legal duplex

    Upper units: 3 bedrooms, 3.5 bathrooms

    Lower units: 1 bedroom, 1 bathroom 

    3.5 bathrooms in the upper unit + parking in driveway, 1 bedroom & 1 bathroom in lower unit

    Gourmet kitchen includes high end appliances with smart fridge. 

    Each upper unit has 3 Bedrooms each with an ensuite bath and walk in closet, as well as 3 composite decks with each upper unit.

    Bedroom on 3rd level with 5 piece bath, walk in closet and your own 16 x 12 terrace! 

    Washer/dryer in all 4 units

    The lower level unit with private entrance, living/dining room, kitchen with appliances, bedroom and full bathroom.  Heated floors in both basements.

    Distance to Downtown Ottawa: Drive-5 min Bus-10 min Walk-20 min

    Wonderful tenants in upper units are engineers from France working on the O-Train.  They have been there for years and they have ben amazing tenants, so I'm only selling to investors who will keep them!

    Rents in the upper units are each rented for $3690. basements are $1200 and $1285. 

    Monthly expenses for each duplex:

    Utilities $500/month

    Property taxes $500/month

    Property insurance is $135/month

    All the furniture in all units and all appliances are included!

    $850,000 each duplex 

    I haven't yet listed the houses on the MLS, I've priced them for a quick sale.  Great cap rate!

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