forman ave

3 Bedroom House at 1824 Forman Avenue has been sold for $XXX,XXX. Click here to view details, map, and photos.

1824 Forman Avenue, Inactive in Ottawa - Zoocasa

Wow! Welcome To This Solid Mid Century Three Bedroom Family Home Located In An Absolutely Wonderful Location. Situated On A Large Corner Lot, This Well Maintained All Brick Home Has Plenty Of Living Space For Your Growing Family, With Three Bedrooms And Two Full Bathrooms, And An Open Concept Living And Dining Area. The Main Level Boasts Beautiful Hardwood Flooring Throughout, 3 Spacious Bedrooms, A Wood Burning Fireplace, And Access To The Large And Private Backyard Deck. For Investors There Is Also Excellent Potential For This To Be An Income Property, With A Large Finished Basement Area With Room For An Extra Unit And With A Full Bathroom Already Done, And A Spacious Laundry Area As Well As Ample Storage. Walking Distance To College Square Shopping, Public Transit, Schools, The Experimental Farm Trail, Parks And Algonquin College. Quick Access To The 417. See Additional Media For 3d Tour And Virtual Walk. No Conveyance Of Offers Until Friday April 9th, 2021 At 12pm As Per Form 244.

Rare Offered Investment Opportunity - 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 And Is Fully Permitted. 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 And Gutter Helms 2022, Fence 2021

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 2021

Forman AvenueHouse · Ottawa, ON

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