$530,000
$529,000
0.2%For more information regarding the value of a property, please contact us for a free consultation.
212 OTTAWA ST Mississippi Mills, ON K0A 1A0
3 Beds
2 Baths
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
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