Mississippi Mills, ON K0A 1A0,212 OTTAWA ST

$530,000

Est. payment /mo

$529,000

0.2%
Est.Price: ?

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212 OTTAWA ST Mississippi Mills, ON K0A 1A0

3 Beds

2 Baths

SOLD DATE : 06/13/2023

Key Details

Sold Price $530,000

Property Type Single Family Home

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Subdivision 911 - Almonte

MLS Listing ID X9484166

Sold Date 06/13/23

Style Bungalow

Bedrooms 3

Annual Tax Amount $3,020

Tax Year 2022

Property Sub-Type Detached

Property Description

This turn key income property or home offers a unique opportunity for investors seeking to generate rental income
or live in one unit, and rent out the other. Features a 2 bedroom upper unit, open concept w/gas fireplace, 4pc bath & stainless steel appliances. All ceramic flooring & large vinyl windows, providing ample natural light. The lower unit is a fully legal secondary dwelling unit (SDU). It boasts a bright, clean & spacious living space, 1 bedroom & 3-piece ensuite w/ glass shower. Lower unit currently occupied by an amazing tenant who wishes to stay, allowing immediate income generation ($1,300 + utilties). Home has been recently renovated and freshly painted, a total turn key investment or home. Both units have their own in-suite washer and dryer. Property features a large 66' X 132' lot. Assumable first mortgage (to qualified buyers) of approx $239,000 @ 2.26% for the remaining 2.5 year term. Immediate cashflow with 20% down payment, approx 11% ROI year one., Flooring: Vinyl, Flooring: Ceramic

Location

State ON

County Lanark

Community 911 - Almonte

Area Lanark

Zoning Residential

Rooms

Basement Full, Finished

Separate Den/Office 1

Interior

Cooling Central Air

Fireplaces Number 1

Fireplaces Type Natural Gas

Exterior

Garage Spaces 1.0

Roof Type Asphalt Shingle

Lot Frontage 66.0

Lot Depth 132.0

Total Parking Spaces 6

Building

Foundation Block

Read Less

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Listed by RE/MAX HALLMARK REALTY GROUP
agent

Philip Ramos

+1(647) 973-7355

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