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$1,050,000
ActiveAbout this Property
- Updated windows about 15 years ago
Purpose-Built Multi-Family in a Prime Location! Ideal as a multi-generational home. A property you can easily envision calling home while generating income. This well-maintained brick home offers two spacious 3-bedroom units (approx 1000 sqft each) and one bright 2-bedroom basement (865 sqft) apartment with walkout basement to backyard.. Renovations completed in 2023- Apartments 1 and 2 include - IKEA kitchens including sink, faucets, countertop and backsplash tile, vinyl flooring in hallways, living/dining room, newer appliances and vanity in bathroom; Apt B - bathroom vanity. Tenants pay their own hydro/heat
The basement and second-floor apartments share a common laundry room, while Apartment 1 features a convenient in-unit stackable washer and dryer in the bathroom. Each unit is well divided, bright, and generously sized ideal for tenants or owner-occupiers alike. The 3 apartments feature eat-in kitchens, plus Apt #1 and #2 have option of a large living room area or combined living/dining room. Apt#1 and #2 have identical layouts. Roof 2005 with 25 year shingles. 3 Hydro Meters. Updated windows about 15 years ago. Large backyard 52' x 110' with interlock patio. An investment opportunity live in one unit and collect income from the others. Located within walking distance to Elmvale Acres Shopping Mall, and close to The Perley, CHEO, The Ottawa General Hospital, schools, and Trainyards. 24 hour notice for showings. Apartment 2 vacant as of May 1st (currently listed for lease). Vacant possession will be provided for Basement apartment.
Listed by ROYAL LEPAGE PERFORMANCE REALTY · MLS# X13056632
About Alta Vista
Alta Vista is one of Ottawa's most established and quietly desirable residential communities, a mature neighbourhood of generous lots, tree-canopied streets, and solid post-war homes that offers exceptional value given its central location. Situated between the Rideau River and the Hospital District corridor along Smyth Road, Alta Vista provides the kind of settled, family-oriented living environment that newer suburbs aspire to replicate.
Features & Details
Property details of 1702 Russell Road, Ottawa, ON
Market Insights for Triplex in Ottawa
Based on 26 sales in the last 90 days · Showing city-wide data
Buyer’s Market
Properties are sitting longer (avg 47 days). Buyers have more negotiating power and time to decide.
New Listings
26
Avg Days on Market
47 days
Avg Price/Sq Ft
$474
Location
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Akash Sharma
REALTOR® · Ali Realty Group Inc.
Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.
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