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$ 323,500

257 Park Street, Ottawa, ON, K1L 7G9

Listing ID# 1059894
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$ 323,500

  • 257 Park Street
    Ottawa, ON K1L 7G9
  • Listing ID 1059894
  • Building type: Multifamily
  • Stories: 2
  • Status: For Sale/Active
  • Days on Market: 84
  • Tax Year: 2016
  • Taxes: $2,848.00
  • Age of Building: 1910
  • Garage Type: Surfaced
  • Heating: Forced Air
  • Locker: Mechanical
  • Utilities: Sewer: Septic Installed
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Property Description

Fantastic investment opportunity! This is the one that you have been looking for. Not only great for now with a renovated 2 bedroom apt upstairs and a spacious 2 bedroom apt down, but its also has some excellent future potential. Zoned R5D H(25), and a lot measuring 37.3 ˜ x 72.6 ˜ that fronts on two separate streets! Live in one and rent out the other, convert to a single family home, rent out both units. Tear down and build yourself a cash cow of an investment property, add on more units to what is there now. The options are plenty! This duplex has been owner occupied since 1980 and although it cosmetically could use a bit of TLC, it has been very well maintained. “ Roof Approx 2011 “ Electrical and plumbing complete overhaul in 1980. “ Additional electrical work done in 2010 for build of workshop in the back(Esa certified) “ Newer vinyl windows and doors done approx. 2006 “ Furnace 2011 “ 3 Owned Hot Water Tanks Call now for a private showing. Time to make your move



Listing courtesy of RE/MAX HALLMARK REALTY GROUP


Demographics

Rideau-Vanier Property Overview
66%Rent 34%Own
  • Detached 3,307
  • Low-Rise 2,194
  • Duplex 1,353
  • Semi-Det. 1,161
$ 445 k

Average Home Price in Rideau-Vanier

48 years

Average home age in Rideau-Vanier

Household Size
14,957Non-family 11,048One-family 142Multi-family
Household size (# people)
  • 114,190
  • 27,546
  • 32,652
  • 4-51,558
  • 6+200
Household Income in Rideau-Vanier
86.6%Employed 7.3%Unemployed 6.1%Self-Employed
  • White Collar 20,377
  • Blue Collar 8,626
$ 68 k

Average income

41 years

Average age

Education
  • Certificate, diploma, degree 46,436
  • High School 12,848
  • No Certificate 10,023
  • College 7,658
  • Apprenticeship 3,195
Marital Status in Rideau-Vanier
53%Single 27%Married 21%Other
Age groups
  • 0-1915%
  • 20-2921%
  • 30-4930%
  • 50+34%

Points of interest and Comparables - Rideau-Vanier

top

$384,488*

average price

+1.64%

market trend

* - average price based on 205 comparable properties in the neighbourhood
# date listed bed/bath
1 5/23/2017 $323,500 4/2
2 7/5/2017 $260,000 3/2
3 $314,900
4 7/26/2017 $535,000
5 $729,900
6 8/10/2017 $589,000
7 4/28/2017 $1,350 2/1
8 8/2/2017 $435,000 5/2
9 $435,000 5/2
10 $360,000 2 + 1/2
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Exclusive
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360 MCLEOD STREET UNIT#419, Ottawa, ON
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470 LAURIER AVENUE W UNIT#405, Ottawa, ON
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570 LAURIER AVENUE W UNIT#2201, Ottawa, ON
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271 Emond Street, Ottawa, ON
New
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235 KENT STREET UNIT#813, Ottawa, ON
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44 EMMERSON AVENUE UNIT#504, Ottawa, ON
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515 ST LAURENT BOULEVARD UNIT#1907, Ottawa, ON
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111 CHAMPAGNE AVENUE S UNIT#1103, Ottawa, ON
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333 CHAPEL STREET UNIT#1004, Ottawa, ON
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438 Presland Road, Ottawa, ON
House
438 Presland Road
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1980 Thibault Court, Chesterville, ON
Lots/Acreage
1980 Thibault Court
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25 Orange Blossom Private, Ottawa, ON
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257 Park Street, Ottawa, ON
Multifamily
257 Park Street
Ottawa
Listing courtesy of RE/MAX HALLMARK REALTY GROUP
$323,500
  • 7 schools
Add to favourites
257 Park Street, Ottawa, ON
House
257 Park Street
Ottawa
Listing courtesy of RE/MAX HALLMARK REALTY GROUP
$323,500
  • 4 bd
  • 2 ba
  • 7 schools
Add to favourites
2667 Russland Road, Vars, ON
Lots/Acreage
2667 Russland Road
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