For sale
Duplex

844 Norton Avenue

$830,000
Ottawa, Ontario, K2B 5P6

Overview

  • Updated On:
  • May 08 2025
  • MLS® Number
  • X12133393
  • 5 Bedrooms
  • 2 Bathrooms

Description

Welcome to 844 Norton Ave, a prime investment opportunity nestled in one of Ottawas rapidly developing neighbourhoods. This well-maintained duplex is a rare find, offering a fantastic opportunity for investors and developers alike. The property is comprised of two tenant-occupied units, both boasting excellent tenants who take pride in their spaces. The main level features a spacious 3-bedroom, 1-bathroom unit with plenty of natural light and comfortable living space. The lower level offers a cozy 2-bedroom, 1-bathroom unit, perfect for additional rental income. Generating an annual gross revenue of $42,060, this property serves as a lucrative turn-key investment while you plan your next development. With the surrounding area experiencing significant growth and new developments, this property presents an ideal opportunity to purchase and hold for future gains. Situated on a street that has seen substantial revitalization, this duplex not only offers consistent rental income but also holds incredible potential for future redevelopment. Whether youre looking to expand your real estate portfolio or secure a strategic development site, 844 Norton Ave is the perfect choice. (id:57887)

Price:
Price Info:
Property Type: Multi-family
Building Type: Duplex
Storeys: 2
Neighbourhood: Bay
Parking Type: Carport, No Garage
Amenities
Separate Electricity Meters
Appliances
Dryer
Two stoves
Washer
Two Refrigerators
Cooling & Heating
Natural gas
Forced air
Central air conditioning
ExteriorFinish
Brick
$ 4,255.57
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 3,218.07
Bedroom
BedroomsAboveGround: 3
BedroomsBelowGround: 2
BedroomsTotal: 5
Bathroom
BathroomTotal: 2
Basement
BasementFeatures: Apartment in basement
BasementType: N/A
Size
SizeInterior: 1100 - 1500 sqft
Construction
Age: 51 to 99 years
FoundationType: Concrete
Utility
UtilityWater: Municipal water
Acreage: No
LandAmenities: Beach, Park, Public Transit
Sewer: Sanitary Sewer
SizeDepth: 100 Ft
SizeFrontage: 50 Ft
SizeIrregular: 50 X 100 Ft
SizeTotalText: 50 X 100 Ft
Lower level
Type Dimensions
Bedroom 2 3.37 m x 3.68 m
Bathroom 1.56 m x 2.87 m
Utility Room 3.37 m x 2.88 m
Living Room 4.46 m x 4.25 m
Kitchen 3.82 m x 4.17 m
Bedroom 4.46 m x 3.58 m
Main level
Type Dimensions
Living Room 4.47 m x 4.59 m
Dining Room 3.02 m x 2.52 m
Kitchen 3.34 m x 4.85 m
Bedroom 4.47 m x 3.11 m
Bedroom 2 3.73 m x 3.53 m
Bedroom 3 3.34 m x 3.35 m
Bathroom 2.29 m x 2.29 m
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