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57 Lees Avenue
homes for sale · Ottawa · Ottawa East
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$954,900

57 Lees Avenue

Ottawa East, Ottawa · MLS® X13112682

622

House · Multi-family · 166 days on market

listed by Eric Charron, REMAX BOARDWALK REALTY

realtor's description

Welcome to 57 Lees Avenue - a rarely offered three-storey all-brick duplex in the heart of Old Ottawa South. This versatile and well-maintained investment property offers strong income potential with approximately $71,760 per year in gross rental income, while also presenting an excellent opportunity for owner-occupants seeking additional rental revenue.A shared front foyer provides access to both self-contained units. The main level features a spacious 2-bedroom unit offering hardwood flooring, high ceilings, an oversized kitchen with ample storage and workspace, an updated bathroom, private laundry, and direct side-door access to the backyard.The upper unit spans the second and third floors and offers an expansive 4 bedroom layout. This bright and updated space includes a renovated kitchen, private laundry, generous living areas, and a unique upper loft level with an additional flex room - ideal for larger households and flexible rental arrangements. Both units include separate parking spaces and private laundry, adding convenience and long-term tenant appeal. Ideally located within walking distance to the Rideau Canal,University of Ottawa, Main Street, Elgin and Lansdowne. This property is perfectly positioned near transit, parks, shops, and everyday amenities. Major updates include roof shingles (25-year shingles), Energy Star windows and skylights, air conditioning (2021), and a remodel of the second unit completed in 2019. A rare opportunity to own a character-filled multi-unit property in one of Ottawa's most desirable central neighbourhoods. Some photos were taken prior to tenant occupancy and certain photos have been digitally altered.

property details

type
House, Multi-family
bedrooms
6
bathrooms
2
parking
2
property tax
$8,143 / yr
days on market
166
MLS®
X13112682

features

  • Washer
  • Refrigerator
  • Stove
  • Dryer
  • Water Heater

monthly cost

$4,839/mo
Mortgage $4,160 · Tax $679

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$4,160/ monthly
loan $763,920
25-year amortization
total interest
$484,202
cash to close
$190,980
down payment; transfer tax and fees not included
total paid
$1,248,122

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Ottawa East, OttawaGoogle Maps ↗

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listed by
Eric Charron
REMAX BOARDWALK REALTY
call Eric · 613-697-8257
Powered by: REALTOR.ca

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location

Ottawa East, OttawaGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

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