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CAONOttawaCopeland1824 Forman Ave
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1824 Forman Ave, Ottawa, ON

House

Expired

$X

624

MLS® 1325910

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Other
Levels Residential
Size -
Garage Street Permit,Other (See Remarks)
Taxes $4,200
Lot Size 54.99 feet x 86.16 feet
Approx. Age 
MLS® Number 1325910

Property Address: 1824 Forman Ave, Ottawa, ON, K2C1A8

Average square foot calculated using Size range provided by listing agent.

Description

Rare Offered Investment Opportunity - Greater Than 5% Capitalization Rate. See Attached Document. 1824 Forman Avenue Is Located In The Prestigious Bel-Air Heights With An Incredible Location Being Only A 6 Minute Walk To Algonquin College. This Bungalow Has Been Converted To A Legal Secondary Dwelling In 2021 With All The Proper Channels Followed. The Upper Unit Is Rented At $2400 + Hydro Until April 1st 2023, And The Lower Unit Is Rented At $2200 + Hydro Until August 1st 2023 (Separate 100 Amp Panels). Amazing Tenants In Both Units (2 Leases Total). Each Unit Has 3 Bedrooms 1 Bathroom, 2 Parking Spots, Private Deck And Own Laundry. Massive $55,200 Annual Income (With Potential To Increase + Parking Rental), With $45,986 Net. An Investor Or End Users Dream. Amazing Opportunity To Add A Turnkey Investment To Your Portfolio With Little Maintenance. Sdu 2021, Upstairs Reno 2021, Roof 2010, Furnace 2014, A/C 2014, Hwt 2022, Downspouts, Gutter Helms 2022, Fence 2021Show Description
MLS® Number1325910
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageStreet Permit,Other (See Remarks)
Approx. Age
BasementFull and Fully Finished
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Dishwasher,Dryer,Microwave,Stove,Washer,2 Stoves,2 Fridges

Rooms

Show Details
Living room/Fireplace:Main Floor9.17 × 13.5 ft
Bath 3-Piece:Main Floor6.5 × 6.92 ft
Dining Rm:Main Floor9.58 × 12.33 ft
Bedroom:Main Floor10.17 × 11 ft
Bedroom:Main Floor10.25 × 10.58 ft
Bedroom:Main Floor12.5 × 18 ft
Kitchen:Main Floor9.5 × 13.5 ft
Living Rm:Lower Level14.5 × 14 ft
Kitchen:Lower Level12.5 × 10 ft
Bedroom:Lower Level8.5 × 14 ft
Bedroom:Lower Level10.08 × 9.75 ft
Bedroom:Lower Level11 × 10.5 ft
Bath 3-Piece:Lower Level7.17 × 11.33 ft

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Price History

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  • Commute

Commute

Starting Address
Destination Address
1824 Forman Ave, Ottawa, ON

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