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50 Melrose Avenue Ottawa, Ontario K1Y 1T9

Central Air Conditioning Forced Air

$850,000

Introducing an exceptional blue chip investment opportunity in Hintonburg! This charming duplex offers two spacious two-bedroom units. The top unit (two storey) is currently rented for $2500 while the main floor unit is currently owner occupied allowing a new purchaser to do the same or fetch a market rent. Both units are newly renovated with the design conscience in mind. Nestled in a prime location, residents enjoy the convenience of being within walking distance to public transit and all the amenities that Hintonburg has to offer. Whether you're looking to diversify your portfolio or seeking a reliable income stream, this property promises both stability and growth potential. Don't miss out on this rare chance to own a prized asset in one of the city's most sought-after neighbourhoods! Note: two tandem parking spaces included. Upper unit rent 2500/month, lower unit vacant on possession projected 2200/month (id:49993)

Property Details

MLS® Number 1417566
Property Type Multi-family
Neigbourhood Hintonburg
AmenitiesNearBy Public Transit, Recreation Nearby, Shopping
ParkingSpaceTotal 2

Building

BasementDevelopment Partially Finished
BasementType Full (partially Finished)
ConstructedDate 1918
ConstructionMaterial Wood Frame
CoolingType Central Air Conditioning
ExteriorFinish Brick
FlooringType Hardwood, Vinyl, Ceramic
FoundationType Poured Concrete, Stone
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 3
Type Duplex
UtilityWater Municipal Water

Parking

Surfaced

Land

Acreage No
CurrentUse Development Residential
LandAmenities Public Transit, Recreation Nearby, Shopping
Sewer Municipal Sewage System
SizeDepth 84 Ft
SizeFrontage 33 Ft
SizeIrregular 33 Ft X 84 Ft
SizeTotalText 33 Ft X 84 Ft
ZoningDescription R4ub

https://www.realtor.ca/real-estate/27568676/50-melrose-avenue-ottawa-hintonburg


Quinn Goodwin
Salesperson

(613) 986-0225
ENGEL & VOLKERS OTTAWA
292 Somerset Street West
Ottawa, Ontario K2P 0J6

(613) 422-8688
(613) 422-6200
ottawacentral.evrealestate.com/

Tyler Laird
Salesperson

(613) 422-8688
ottawacentral.evcanada.com/
ENGEL & VOLKERS OTTAWA
292 Somerset Street West
Ottawa, Ontario K2P 0J6

(613) 422-8688
(613) 422-6200
ottawacentral.evrealestate.com/

Madelyn Hood
Salesperson

(613) 266-5966
ENGEL & VOLKERS OTTAWA
292 Somerset Street West
Ottawa, Ontario K2P 0J6

(613) 422-8688
(613) 422-6200
ottawacentral.evrealestate.com/

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