210 - 208 ETHEL STREET, Ottawa, Ontario
$550,000
- 5 Beds
- 2 Baths
PRIME INVESTMENT OPPORTUNITY in Vanier! Discover this fantastic DUPLEX in the rapidly growing community of Vanier, perfect for investors or owner-occupants looking for rental income. This property features separate HYDRO meters, an OWNED hot water tank and furnace (2013), and a roof updated in 2017. Additional upgrades include modern electrical, new flooring, and updated toilets. With strong rental income potential and an R4U ZONING designation, this property offers flexibility for future development or multi-unit expansion. Located in an area experiencing revitalization, this is an excellent opportunity to INVEST in a high-demand rental market. Upper unit 208 is 1 br & rented for $1300/mth + Hydro. Main level 210 has 5 rooms and is rented for $3900/mth(all inclusive). NOI $46,200, CAP 8.4%. Upgrades-Outer staircase 2024, Furnace & Electrical 2013, paint 2025. (id:56241)
- Listing ID: X12021462
- Property Type: Multi-family
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 210 - 208 ETHEL STREET in Ottawa Ontario. It was last modified on March 15th, 2025. Contact us to schedule a viewing or to discover other Ottawa real estate for sale.