$729,900
Ottawa
11 Courtney Road, Ottawa, Ontario, K2L1L9
This multi-family property in Ottawa is for sale offering roughly 1,300 sq ft of space. It has been on the market 34 days, fresher than the Ottawa average of 62 days.
Welcome to 11 Courtney Road, a versatile bungalow with a legal secondary dwelling, ideally situated on a quiet, child-friendly street in Kanata. An excellent opportunity for homeowners looking to offset their mortgage with rental income, multi-generational families, or investors seeking a two-unit property. The bright 3-bedroom main-level unit will be vacant on closing, giving the new owner the flexibility to move in immediately or rent it out. Featuring hardwood flooring, generous living and dining spaces, a functional kitchen with ample cabinetry and a full bathroom. The legal 2-bedroom lower-level unit was completed in 2019 and features its own completely separate entrance, spacious open-concept living area, full bathroom, laundry and an impressive kitchen with abundant cabinetry, island and stainless steel appliances. Numerous pot lights with dimmers create a bright, modern atmosphere throughout. Currently rented for $2,195/month on a month to month lease, the lower unit provides immediate rental income from day one. Outside, enjoy a large fenced backyard with mature trees, green space, extensive interlock patio and walkways, storage shed and above-ground pool. Parking for up to 6 cars! Conveniently located near parks, schools, bus service, T&T Supermarket, Hazeldean Mall, shopping, restaurants and everyday amenities. Move upstairs and benefit from $2,195/month in existing rental income, accommodate extended family, or rent both units for additional income potential. A rare combination of flexibility, location and income opportunity! (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 34 days on market, against an average age of 62 days across the listings currently for sale in this city
This 5-bed multi-family in Ottawa has been listed for 34 days, which is 28 days fresher than the city average of 62. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $729,900, about 6.9× the local median household income of $106,000.
Carrying it typically needs a household income of about $142,575 (20% down, 25-yr amortization, stress-tested) — roughly 35% above the area median.
Source: Statistics Canada, 2021 Census (FSA K2L)
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Loading rates, 30-yr amortization
Cash Needed to Close
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.