3 Bedroom Bungalow Flip or SDU Opportunity in the Sought-After Neighbourhood of Cardinal Heights!! Assigned

  • $599,999
  • 3 beds
  • 2 baths
  • 1100-1499 sqft
Assigned

This bungalow is filled to the brim with income potential, and is ready to be yours!! This property is a good value in its current state as a detached single-family home, however it truly shines with the possibility of having the basement converted to a SDU (Buyer to verify). Situated in the beautiful residential neighbourhood of Cardinal Heights, this property will appeal to anyone for its easy access to green spaces (Green Belt, Green’s Creek ravine, parks) and various local amenities like the Gloucester Centre and Costco. A 1.5 km pedestrian path would even take you from the front door to La Cité Collégiale in less than 15 minutes!! The house itself has well-maintained hardwood floors throughout (excluding basement), and only requires cosmetic updating (basement flooring, paint) from an Investor to be brought to it’s full potential. Don’t miss out!!

We are selling our assignable purchase contract.
Closing is December 8th, 2021
*As per our APS, the Buyer agrees to pay out the security system contract (ADT Security Services Canada INC). Buyer agrees to pay a maximum of $300. The Seller will present a pay out statement to the Buyer upon closing.***As per our APS, the Seller is permitted to extend the closing 1 time by up to 30 calendar days. If the Seller is to extend the closing date, they must provide written notice at least 30 calendar days before the original closing date.**

PROPERTY FEATURES

  • 3 bedrooms
  • 2 full bathrooms
    • 4-piece bathroom located on the main floor
    • 3-piece bathroom located in the basement
  • Built in 1954
  • Above grade: 1100-1499 sq ft (as per MPAC) 
  • Partially finished basement: 1100-1499 sq ft (as per MPAC)
    • Ceiling height is 7.1 ft (Buyer to verify)
    • Basement features its own separate entrance
    • Laundry area is located in the basement
  • Separate entrances:
    • Front door opens to the main entrance way
    • Back door opens to a landing, with the option to go upstairs to the kitchen area or downstairs to the basement
  • The upstairs fridge, stove, and dishwasher, as well as the basement washer & dryer will all be included
  • Flooring: hardwood, carpet, tile 
  • 200 AMP breaker panel
  • Gas furnace is 5-years-old (as per Seller)
  • HWT is rented (as per Seller)
  • Central AC
  • Windows are older (exact age is unknown, as per Seller)
  • Roof has been redone in the last 10 years (as per Seller)
  • Property features a shed in the backyard
  • On municipal services
  • Parking for 3-4 cars on the paved driveway
  • Lot size: 70 ft x 110 ft (as per MPAC)
  • Zoning: R1WW[673] (as per MPAC)
    • In the Ottawa Zoning Bylaw, the R1 zone permits a secondary dwelling unit under Part 5, Section 133, so long as it meets the requirements (see HERE) — Buyer to verify

PROPERTY NEEDS

  • Full cosmetic update
  • Possibility to add SDU in the basement (Buyer to verify)

 

Please click HERE for more pictures and information.

Price:
$599,999
Address:
Ottawa 34 & Blair Rd
Ottawa, ON
Square Feet:
1100-1499
Lot Size:
70 ft x 110 ft
Bedrooms:
3
Bathrooms:
2
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1954
Basement:
Partially finished

Call (647) 400-2093 for more details

Property Location