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$699,900
Ottawa
117 Percy Street, Ottawa, Ontario, K1R6C6
This multi-family property in Ottawa is for sale offering roughly 1,750 sq ft of space. It has been on the market 2 days, fresher than the Ottawa average of 63 days.
Exceptional investment opportunity in the heart of downtown Ottawa, just steps from Somerset Street and within walking distance of shops, restaurants, transit, and everyday amenities. This unique property features two houses on one lot, offering two fully self-contained units, each with separate entrances and two levels of living space.The larger unit features 2 bedrooms, 1 bathroom, an updated kitchen, vaulted ceilings, and a spacious, functional layout. The second unit offers 1 bedroom, 1 bathroom, vaulted ceilings, and its own comfortable living space. Both units enjoy access to two shared decks, offering excellent outdoor living space with the potential to designate separate areas for each unit. Ample parking adds further convenience in this sought-after central location.An ideal opportunity for investors looking to generate rental income or for owner-occupants seeking to offset their mortgage by living in one unit while renting out the other. Enjoy the flexibility of having a property that works for you, whether you're building your investment portfolio, looking for additional income, or seeking a versatile downtown residence. A rare opportunity to own a unique multi-unit property in the heart of Ottawa! (id:66096)
Features and services as supplied by the listing brokerage.
Just listed: 2 days on market, against an average age of 63 days across the listings currently for sale in this city
This 3-bed multi-family in Ottawa has been listed for 2 days, which is 61 days fresher than the city average of 63. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $699,900, about 9.5× the local median household income of $74,000.
Carrying it typically needs a household income of about $136,715 (20% down, 25-yr amortization, stress-tested) — roughly 85% above the area median.
Source: Statistics Canada, 2021 Census (FSA K1R)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice