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351 Amiens Street, Ottawa, ON 50 photos

$814,998

Active
351 Amiens Street, Ottawa, ON· Bilberry Creek/Queenswood Heights
3+3
Bedrooms
3
Bathrooms
700-1100
Sq Ft
5
None Parking
51-99
Year Built

About this Property

Looking for a bungalow with a LEGAL secondary unit? Live in one unit and help pay your mortgage with the other, or rent out both and enjoy the monthly cash flow! The upper unit offers 3 bedrooms, quartz countertops, SS appliances, in-unit stacked laundry and NO carpet to be found. The lower unit also offers quartz counters, in-unit stacked laundry and NO carpet. There's also an ensuite bath and walk-in closet for one of the 3 bedrooms, and a second full bath as well. SDU conversion completed in 2021 with 2 hydro meters, plumbing/electrical and HVAC updates. Sitting on a large 60 x 90 lot, the location is fantastic surrounded by schools and parks, and situated conveniently close to Place d'Orleans, transit/future LRT stop, highway access and all the amenities of Tenth line and Innes. Previous rents were $2600 and $2450/month with an annual NOI of $49,800 (that's a 6% CAP rate!!!) Both units are currently vacant so you can easily move in to either unit or set your own rents. A fantastic opportunity for whatever your plans are!!

Listed by COLDWELL BANKER FIRST OTTAWA REALTY · MLS# X13073024

About Orléans

Bilingual · Avg $600K

Orléans is one of Ottawa's fastest-growing and most culturally vibrant communities, situated in the city's east end along the Ottawa River. With a rich French-English bilingual identity that sets it apart from the rest of the city, Orléans has evolved from a sleepy satellite community into a self-sufficient urban centre with its own shopping districts, medical services, and a thriving cultural scene. The community's population exceeds 100,000 and continues to grow, driven by new residential development and the arrival of LRT rapid transit.

Avg Home Price$600K
Schools35+
LRT Stations4
Drive to Downtown25 min
View Full Orléans Guide

Features & Details

Property details of 351 Amiens Street, Ottawa, ON

Property TypeDetached
StyleBungalow
Size700-1100 sq ft
BasementFull, Finished, Separate Entrance, Apartment
Total Parking5

Mortgage Calculator

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%
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Mortgage Payment$4,004/monthly
Principal54%
Interest46%
Principal Amount$651,998
Interest$549,154
Total Payable$1,201,152
Amortization25 years

* Estimate only. Consult a mortgage broker for accurate figures.

Cash Flow Analysis

Mortgage payment$4,004
Mortgage + Expenses$4,004
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$
$
$
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Monthly Cash Flow-$4,004

* Estimate only. Consult a mortgage broker for accurate figures.

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Akash Sharma

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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