split level home with a shingled roof, brick siding, an attached garage, driveway, and a front lawn Features: porch, driveway, basement garage, concrete foundation, built in garage, vertical siding, lawn, shingle roof, brick siding More Photos

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    For Sale - 2748 Moncton Road, Britannia Heights - Queensway Terrace N and Area, Ontario

    Est payment $4,125/mo
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    Views   1
    Time on Jump  15 day

    AI Summary *

    • Great investment with a 5.6% CAP rate and reliable income.
    • Two fully separated apartments for maximum rental potential.
    • Completely renovated basement apartment with modern amenities.
    • Tenants cover utilities, snow, and lawn care.
    • Close to new LRT station for easy tenant access.




    Attention investors- 5. 6% cap rate! This home has 2 fully separated apartments. The main and upper floor has a 4 bedroom apartment collecting rent of $2665 with great tenants. The lower level 3 bedroom apartment collects $1891. Tenants pay all the utilities except water. The house was legally separated with city of ottawa permits and inspections in 2022. The basement apartment was created from scratch with new everything down to the studs. Both units have a powder room and full bathroom and new kitchens, plumbing, electrical, recent windows, recent roof, new furnace and ac, driveway, 2 hot water tanks and more. This is a turnkey property for an investor that wants to invest in a property that is low maintenance and has had everything recently replaced. Tenants take care of snow and lawncare. The new lrt station is a few minutes walk away so these units should always be easy to keep rented. 24 hours notice to show due to tenanted units.
    Listing IDX13068220
    Address2748 Moncton Road
    CityBritannia Heights - Queensway Terrace N …
    Price$859,000
    Bed / Bath7 / 4 Full
    Style1 1/2 Storey, Detached
    ConstructionAluminum Siding, Brick
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features OtherOwnership FreeholdBasement Apartment, Finished, Separate EntranceFoundation Poured ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 5.00
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    Listing Agency:  ROYAL LEPAGE INTEGRITY REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    2748 Moncton Road
    Britannia Heights - Queensway Terrace N and Area , Ontario
    7 4 $859,000
    Get more info