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78 Ritchie Street, Ottawa, ON 40 photos

$839,900

Active
78 Ritchie Street, Ottawa, ON· Britannia
2+2
Bedrooms
3
Bathrooms
1100-1500
Sq Ft
8
Attached Parking

About this Property

78 Ritchie Street!!! A unique opportunity to own a custom built non-conforming duplex with potential to convert back into a spacious multi-generational high ranch bungalow in a desirable central west location close to public transit, shopping, restaurants, movie theatres, schools and everyday amenities

This versatile property offers excellent potential for investors, owner occupants or buyers seeking additional income opportunities

Both the upper and lower units feature 2 bedrooms and 1 full bathroom with functional layouts, laminate flooring throughout and large windows that fill the spaces with natural light

The property offers comfortable living arrangements with flexibility for extended family or tenants.A standout feature is the impressive commercial grade double garage designed for hobbyists, contractors, mechanics or small business use

The garage includes its own wood furnace heating system, hydraulic car hoist, commercial grade door openers and a convenient 2 piece bathroom

Three 50 amp outlets are already installed making the space ideal for EV charging, workshop equipment or heavy duty tools

The garage also offers approximately 12 foot high storage capacity providing excellent room for vehicles, equipment or recreational storage

A wood electric combination furnace services the main house along with separate baseboard heating in the basement

Extensive fireproofing has been completed with 5/8 fire rated drywall throughout the basement ceiling for added peace of mind

A shared 60 gallon hot water tank services both units while the garage benefits from its own 100 amp electrical service

Central air conditioning services the upper unit and the alarm system currently operates within the garage area

A rare property combining residential flexibility, income potential and exceptional commercial style garage space in a convenient and accessible location with endless possibilities for families, entrepreneurs or savvy investors alike.

Listed by PAUL RUSHFORTH REAL ESTATE INC. · MLS# X13156612

Features & Details

Property details of 78 Ritchie Street, Ottawa, ON

Property TypeDuplex
StyleBungalow-Raised
Size1100-1500 sq ft
BasementApartment
Total Parking8

Mortgage Calculator

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Mortgage Payment$4,126/monthly
Principal54%
Interest46%
Principal Amount$671,920
Interest$565,933
Total Payable$1,237,853
Amortization25 years

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

Cash Flow Analysis

Mortgage payment$4,126
Mortgage + Expenses$4,126
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$
$
$
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Monthly Cash Flow-$4,126

* 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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