Exceptional investment opportunity with this fully furnished corner lot LEGAL DUPLEX featuring 8 bedrooms, 4 full bathrooms, and located on an oversized lot with parking for up to 10 vehicles. This turn-key property offers outstanding cash flow and boasts a strong cap rate of 7.5%, making it ideal for investors or owner-occupants seeking income support. The upper unit offers 4 spacious bedrooms, 2 full bathrooms, an updated kitchen, and a bright open-concept living and dining area. The lower unit, fully renovated in 2017, also features 4 bedrooms, 2 full bathrooms, a modern kitchen with a breakfast bar, and a comfortable living space with large windows allowing natural light to fill the unit. Each unit is self-contained with its own laundry and separate hydro meter ( 200 amps, 100 amps each unit) ensuring privacy and ease of management for tenants and landlords alike. This property has been extensively upgraded over the years, including a new roof and windows (2017), A/C units and attic insulation (2018), a new fence (2020), high-efficiency boiler and hot water tank (2021), full driveway paving for 10 cars (2024), and fresh paint in both units (2025).Perfectly located just minutes from downtown and close to La Cité Collégiale, Montfort Hospital, NRC, DND, the LRT, public transit, and shopping, this duplex is in a high-demand rental area. Whether you live in one unit and rent the other or lease both for maximum return, this is a rare chance to secure a high-performing, low-maintenance income property in one of Ottawas most accessible neighborhoods. Dont miss out book your private viewing today. (id:4069)
Address
924 BERMUDA AVENUE
List Price
$879,000
Property Type
Multi-family
Type of Dwelling
Duplex
Style of Home
Bungalow
Area
Ontario
Sub-Area
Ottawa
Bedrooms
8
Bathrooms
4
Floor Area
7,001,100 Sq. Ft.
Lot Size
50.7 x 101.2 FT Sq. Ft.
MLS® Number
X12124800
Listing Brokerage
RE/MAX HALLMARK REALTY GROUP
Basement Area
N/A (Finished)
Postal Code
K1K0V6
