62 COLUMBUS AVENUE, OTTAWA, ON K1K1R3

Property Description for 62 COLUMBUS AVENUE

This newer-built semi-detached duplex offers a total of six bedrooms and five bathrooms across two self-contained units. The upper unit features four bedrooms and three bathrooms, currently rented for $5,500 per month. The lower unit includes two bedrooms and two bathrooms, vacant and rent-ready with a projected rental income of $2,500 per month. Ideally located in a highly walkable and well-connected central Ottawa neighborhood with easy access to shops, parks, schools, and public transit. The property showcases thoughtful design with separate entrances, separate heating systems, and dedicated parking for both units. Notable features include dual quartz kitchens, custom fireplaces, soundproof windows, and nine-foot ceilings throughout. A true highlight is the private rooftop terrace with panoramic downtown views, gas BBQ hookup, and rough-ins for a rooftop kitchen and sauna, perfect for entertaining or relaxing in the heart of the city. The lower unit also features radiant heated floors throughout the basement for added comfort. With high-end finishes and a flexible layout, this property is ideal for multigenerational living, rental income, or live-in ownership with a mortgage helper. The property includes separate heating systems for each unit and generates a projected $96,000 per year income with $84,000 net operating income and a strong 6.22 percent cap rate. Whether you're a savvy investor or an owner seeking luxury with upside, this is the kind of asset that doesn't just hold value, it elevates your portfolio! (id:38686)