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39 Shouldice Crescent Kanata, Ontario K2L 1M8

Wall Unit Hot Water Radiator Heat

$749,900

Looking for the perfect INVESTMENT? Then don't miss your opportunity to acquire this high income generating duplex situated in a highly sought after neighbourhood in Kanata! This stunning & recently renovated property features separate two-bedroom and three-bedroom units. The unique split-level layout allows the main level of the lower level unit to be primarily above grade, with big bright windows and a luxurious feel. Efficient gas boiler heat and separate hydro metres create the ultimate low-expense investment. 3 Bedroom Unit rented @ $2125.50/Mo. and 2 Bedroom Unit @ $2150/Mo. Currently rented at a combined lease amount of $4275.50 monthly, a total yearly rental income of $51,306. Total yearly expenses of $6,830. NET $44,476. CASH FLOW $3,706 MONTHLY! Lower level tenanted until May 2024, and the upper level will be tenanted as of December 1, 2023. (id:27588)

Property Details

MLS® Number 1361858
Property Type Multi-family
Neigbourhood Glen Cairn
Amenities Near By Public Transit, Recreation Nearby, Shopping
Parking Space Total 4

Building

Basement Development Finished
Basement Type Full (finished)
Constructed Date 1973
Construction Material Wood Frame
Cooling Type Wall Unit
Exterior Finish Brick, Siding
Flooring Type Hardwood, Tile, Vinyl
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Hot Water Radiator Heat
Stories Total 2
Type Duplex
Utility Water Municipal Water

Parking

Surfaced

Land

Acreage No
Land Amenities Public Transit, Recreation Nearby, Shopping
Sewer Municipal Sewage System
Size Depth 99 Ft ,11 In
Size Frontage 31 Ft ,2 In
Size Irregular 0.1
Size Total 0.1 Ac
Size Total Text 0.1 Ac
Zoning Description R2c

https://www.realtor.ca/real-estate/26161291/39-shouldice-crescent-kanata-glen-cairn

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