351 Amiens Street
FOR SALE
$779,900
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3 + 3
BEDROOMS 3
BATHROOMS 1 + 1
KITCHENS 15
ROOMS X13734266
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Property Description
Looking for a bungalow with a LEGAL secondary unit? Live in one unit and help pay your mortgage with the other, or rent out both and enjoy the monthly cash flow! The upper unit offers 3 bedrooms, quartz countertops, SS appliances, in-unit stacked laundry and NO carpet to be found. The lower unit also offers quartz counters, in-unit stacked laundry and NO carpet. There's also an ensuite bath and walk-in closet for one of the 3 bedrooms, and a second full bath as well. SDU conversion completed in 2021 with 2 hydro meters, plumbing/electrical and HVAC updates. Sitting on a large 60 x 90 lot, the location is fantastic surrounded by schools and parks, and situated conveniently close to Place d'Orleans, transit/future LRT stop, highway access and all the amenities of Tenth line and Innes. Previous rents were $2600 and $2450/month with an annual NOI of $49,800 (that's a 6.4% CAP rate!!!) Both units are currently vacant so you can easily move in to either unit or set your own rents. A fantastic opportunity for whatever your plans are!!
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Property Features
Public Transit, Fenced Yard, School, Accessory Apartment, Separate Hydro Meter, Carpet Free, Separate Heating Controls, On Demand Water Heater, In-Law Suite, Water Heater Owned, Private, Tandem, Smoke Detector
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Property Details
Address
351 Amiens Street
Postal Code
K1E 1P1
Property Type
Detached, Detached
Lot Size
60' x 90'
Taxes
$4,624 (2025
Basement
Full, Finished, Separate Entrance, Apartment
Exterior
Deck
Heat Type
Water
Heat Source
Gas
Water
Municipal
Parking Spaces
5
Garage Type
None
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Listing contracted with Coldwell Banker First Ottawa Realty
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The property requires significant renovations in order to be brought to a livable condition. Utility services, including electricity, gas, and water, are currently disconnected and will need to be restored at the buyer's expense. All buyers are advised to conduct their own due diligence during the conditional period. Seller schedules to accompany all offers.
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