4 Bed, 3 Bath, 2-Storey Rental or Flip in Kanata!! Assigned

  • $499,000
  • 4 beds
  • 3 baths
  • 1500-1999 sqft
Assigned
A detached house in Kanata for under $500,000?! Unheard of!! And yet, here it is. This 4 bedroom, 3 bathroom property is a perfect opportunity to buy into this highly sought-after neighbourhood in Kanata. We believe the ARV of this house is ~$650,000 based on comparable houses on the same street. This property features newly installed bamboo flooring on the main floor, great lighting and an unfinished basement with ample head room that will require completion to hit the target ARV. Located in the heart of Kanata near all city amenities, including schools, shopping facilities, and just a short drive to TD Place and Tanger Outlets, this property is a strong rental or Airbnb opportunity, or simply fix-up and put back on the market. So many options, and with a quick close, you won’t want to miss out!!
We are selling our assignable purchase contract.
Closing is September 28th, 2021
**As per our APS, the Seller is permitted to extend or shorten 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. If the Seller is to shorten the closing date, they must provide written notice at least 30 calendar days before the new closing date.**

PROPERTY FEATURES

  • 2-storeys
  • 4 bedrooms
  • 3 bathrooms
    • 4-piece master ensuite located on the second floor
    • Additional 4-piece bathroom located on the second floor
    • Powder room located on the main floor
  • Built in 1979
  • Above grade: 1500-1999 sq ft (as per MPAC)
  • Unfinished basement: 700-1099 sq ft (as per MPAC)
    • Good ceiling height (unknown measurement, Buyer to verify)
    • Laundry area
  • Separate entrances:
    • Front door opens to main entrance way
    • Door in the kitchen leads out to the side of the property (currently not in use as it is blocked by a freezer, as per Seller)
    • French doors in dining area lead out to the backyard
  • All appliances will be included
  • Kitchen is currently under renovation, though it will not be completed prior to closing (as per Seller)
  • Fireplace in living room is functional (as per Seller)
  • Flooring is a mix of wood, carpet, and tile throughout
  • 200 AMP breaker panel
  • Gas furnace is owned, and is approximately 7-years-old (as per Seller)
  • HWT is rented (exact age is unknown, as per Seller)
  • AC is older, but still works (will likely need to be upgraded, as per Seller)
  • Roof is 10-years-old (as per Seller)
  • Some windows are older, though most are vinyl
  • Backyard is lined with trees throughout with the exception of small fence that separates it from the road
  • 1-car, attached garage (built in 1979, as per MPAC)
    • This garage does not have in-house access
  • Parking for 2 cars on paved driveway
  • On municipal services
  • Lot size: 32.02 ft x 100 ft (as per MPAC)
  • Zoning: R2C (as per MPAC)

PROPERTY NEEDS

  • Cosmetic updating

 

Please click HERE for more pictures and information.

Price:
$499,000
Address:
Equestrian Dr & Riding Way
Ottawa, ON
Square Feet:
1500-1999
Lot Size:
32.02 ft x 100 ft
Bedrooms:
4
Bathrooms:
3
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1979
Basement:
Unfinished

Call (647) 400-2093 for more details

Property Location