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X5450251
$799,900

32 Laurie Crt (Terry Fox Dr & Castlefrank Rd)

Price: $799,900

Status: For Sale 

MLS®#: X5450251

$799,900
  • Tax: $3,678 (2021)
  • Community:Kanata
  • City:Ottawa
  • Type:Residential
  • Style:Duplex (Bungalow)
  • Beds:3+3
  • Bath:3
  • Basement:Apartment (Sep Entrance)

Features:

  • ExteriorVinyl Siding
  • HeatingWater, Gas
  • Sewer/Water SystemsSewers, Municipal

Listing Contracted With: KELLER WILLIAMS REALTY CENTRES, BROKERAGE

Description

Incredible Investment Property Located In Kanata. 5%+ Cap Rate. Fully Renovated, Turn-Key, Fully Legal. 6 Bedrooms And 3 Full Bathrooms Split Between 2 Legal Separate Dwelling Units In A Sprawling Bungalow. Both Units Are Vacant And Ready For A New Owner's Dream Tenant. Gross Income $4,000 Monthly ($48K/Yr). Expenses Total $7,378. Net Operating Income $40,622. Principal & Interest Approx. $27,811. Cash Flow $1,068 Per Month. $384,480 Cash Flow Over 30Yrs.


Highlights

Units Built After Nov 15 2018 Are Permanently Exempt From Rent Control; Buy This Property And Never Be Stuck With Low Rents Ever Again.

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Gary A McGowan

REALTOR®

Keller Williams Realty Centres, Brokerage

Buying - Selling- Investing

Not Intended to Solicit Buyer or Sellers currently under Agency Contract.