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898 Watson Avenue
homes for sale · Ottawa · Fairfield Heights
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$899,900

898 Watson Avenue

Fairfield Heights, Ottawa · MLS® X13645972

736

House · Multi-family · 79 days on market

listed by Ryan Rogers, GRAPE VINE REALTY INC.

realtor's description

Turnkey triplex investment opportunity consisting of a legal duplex with an additional secondary dwelling unit in desirable Fairfield Heights/ Britannia. Strong reliable tenant profile with lots of upside potential, meticulously maintained with over 25 years of pride of ownership. The property features two spacious 3-bedroom units and one 1-bedroom unit, offering an excellent unit mix for stable rental income. Units have been updated over time, with new doors & windows, electrical panels and fully renovated bathroom. Updated kitchens with dishwasher & OTR Microwave. Tenants are reliable and pay on time, with separately metered hydro & gas paid by tenants of upper units, coin operative laundry machines. Recent improvements include two Rheem gas forced-air furnaces (2018 & 2020) and efficient Rinnai Tankless water heater. Ideal for investors seeking a well-maintained, low-maintenance asset or owner-occupants looking to live in one unit while offsetting expenses with rental income. Prime west end location close to Bayshore shopping Centre, Lincoln Heights, Carlingwood Mall, Britannia Beach, steps to transit, new LRT Station and quick easy access to the Queensway.

similar homes nearby

property details

type
House, Multi-family
bedrooms
7
bathrooms
3
parking
6
property tax
$6,157 / yr
days on market
79
MLS®
X13645972

features

  • Washer
  • Refrigerator
  • Dishwasher
  • Stove
  • Dryer
  • Microwave

monthly cost

$4,434/mo
Mortgage $3,921 · Tax $513

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

estimated payment
$3,921/ monthly
loan $719,920
25-year amortization
total interest
$456,313
cash to close
$179,980
down payment; transfer tax and fees not included
total paid
$1,176,233

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

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
Ryan Rogers
GRAPE VINE REALTY INC.
call Ryan · 613-282-2077
Powered by: REALTOR.ca

location

Fairfield Heights, OttawaGoogle Maps ↗

location

Fairfield Heights, OttawaGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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