Bungalow Flip or Rental Opportunity With SDU Potential in the Sought-After River Road Neighbourhood!! Assigned

  • $625,000
  • 3 beds
  • 2 baths
  • 1500 -1999 sqft
Assigned

This 3 bedroom, 2 bathroom bungalow is located in the sought-after River Road neighbourhood, and features a 2-car, attached garage and ample parking in the private driveway. Offering two entrances that lead into the basement, this makes it an ideal candidate for an SDU. The interior also features hardwood flooring that has been hidden under carpet for 45 years!! Overall, this property has been kept in good condition, and will only require some cosmetic updating from an Investor. The location of this charming bungalow is excellent, surrounded by plenty of parks, green spaces, and Chapman Mills Conservation, while also being located just minutes away from an abundance of commercial conveniences (Strandherd Crossing, Chapman Mills Marketplace, and Barrhaven Town Centre). Take advantage of this great flip or rental opportunity!!

We are selling our assignable purchase contract.
Closing is April 29th, 2022

PROPERTY FEATURES

  • 3 bedrooms
  • 2 bathrooms
    • 2-piece master ensuite located on the main floor
    • 4-piece bathroom located on the main floor
  • Built in 1961
  • Above grade: 1500 -1999 sq ft (as per MPAC)
  • Partially finished basement:  1500 – 1999 sq ft (as per MPAC)
    • Basement is dry (Buyer to verify)
    • 2 separate entrances lead into the basement
  • All appliances will be included
  • Flooring: Hardwood, carpet
    • Hardwood flooring under carpet on main level
  • 100 AMP breaker panel
  • Oil furnace is 8-years-old (as per Seller)
    • New oil tank is approximately 4-years-old (as per Seller)
  • HWT is rented (as per Seller)
  • Central AC
  • Roof was redone 5-years-ago (as per Seller)
  • House was dug up, and a new membrane added in 2021 (as per Seller)
  • Septic is original, and is pumped regularly (as per Seller)
  • Well is original (as per Seller)
  • 2-car, attached garage
  • Private driveway accommodates 4 cars
  • Lot size: 110.00 ft x 150.00 ft (as per MPAC)
  • Zoning: R1AA
    • 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
  • Vacant possession

PROPERTY NEEDS

  • Cosmetic updating

Please click HERE for more pictures and information.

Price:
$625,000
Address:
River Rd & Ryeburn Dr
Ottawa, ON
Square Feet:
1500 -1999
Lot Size:
110.00 ft x 150.00
Bedrooms:
3
Bathrooms:
2
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1961
Basement:
Partially Finished

Call 647-370-0820 for more details

Property Location