Address
32 LAURIE COURT Ottawa, ON
Price
$ 829,888
Property Attributes
  • ID#1268415
  • TypeSingle Family
  • CityOttawa
  • NeighbourhoodGlencairn
  • Postal CodeK2L 1S4
  • StyleDetached
  • Price$ 829,888
  • Bedrooms3+3
  • Bathrooms3
  • Half Bathrooms0
Listing Provided Courtesy Of:
Carley Humphries with Keller Williams Integrity Realty
Data Source:
RLP - CREA EN
Property Description

This Kanata investment property has two VACANT beautifully renovated units including a BRAND NEW secondary dwelling unit with separate entrance. The upper level is a large 3-bedroom unit. The lower is a 3-bedroom unit with TWO full bathrooms. Absolute cash cow, the best in Kanata. The gem of any A+ duplex conversion: brand new gas boiler heating; savings right to your bottom line. 2 Hydro meters, paid by tenants. Cash flow: $2100+$1900 projected monthly rent annualizes to $48,000. Subtract $307/M taxes, $150/M insurance, $75/M heat, $250/Q water and net income is over $40,000. Yes, forty grand net, in Kanata. At 1.85% over 30yrs the mortgage is $2404 and cash flow is an incredible $981/month. 30yr ownership: cash flow $353,000; 5% value growth/yr = $3,586,728 value. Per CIBC, thats 19x the average Canadians retirement savings. Imagine finding this deal just 2 or 3 times in your lifetime. These units were created after Nov 15 2018 meaning they're permanently exempt from rent control. (id:27)

General Features

Beds 3+3
Parking Spaces 3

Interior Features

Bedrooms 3+3
Bedrooms Above 3
Bedrooms Below 3
Total Baths 3

Exterior Features

Lot Frontage 55.0
Jumpid 16422437
Mls 1268415

Room Details

Room Dimensions Level Flooring Details
Bathroom 7'4" x 4'11" Main Level
Bathroom 7'5" x 4'10" Basement Level
Bathroom 10'8" x 4'3" Basement Level
Bedroom 10'2" x 8'3" Main Level
Bedroom 12'9" x 8'3" Basement Level
Bedroom 13'5" x 9'3" Basement Level
Bedroom 10'9" x 8'1" Main Level
Kitchen 11'11" x 8'10" Basement Level
Kitchen 18'7" x 10'2" Main Level
Living 22'1" x 13'1" Main Level
Living 14'3" x 10'7" Basement Level
Master Bedroom 12'8" x 9'8" Main Level
Master Bedroom 10'9" x 9'7' Basement Level
Utility Measurements not available Basement Level

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in K2L 1S4

Price
AVG $830K
$830K
Visits
AVG 13
12
Year Built
AVG 1975
1975
Walkscore
AVG 25
25
Data Provided by Walkscore ® not using MLS data