Raised Bungalow Flip or SDU Opportunity in Ottawa!! Sold

  • $599,999
  • 4 beds
  • 2 baths
  • 1,245 sqft

This raised bungalow is centrally located close to schools, green spaces, shopping, transit and all other city amenities. Requiring only cosmetic updates, it is an easy flip or SDU opportunity for a first time or seasoned Investor. This property has 2 upstairs bedrooms (with room for a 3rd), 2 bedrooms in the basement, 2 full bathrooms, and a large solarium off of the side of the house. A creative Investor could easily convert this property into an SDU by making changes to the main entrance, or could simply do a single-family flip. Don’t miss out on your chance to get into the Ottawa market!!

We are selling our assignable purchase contract.

Closing date is Buyer’s choice!! Can be any date within the next 2 months!!

WHAT can be done with this property?

We believe that the square footage of the property does not include the square footage of the solarium located off of the main floor. This added space creates a larger living space on the upper floor. Due to the location of the bedrooms and entrances, and the zoning of this property, it is an ideal opportunity for:

Option 1: Converting the property into an SDU

  • Option 1a:  The Investor could add a door to the bottom of the stairs to the basement, creating an entrance to go up or down to the upper or lower floor units. (see HERE for video of the main entrance)
  • Option 1b: The Investor could use the front door entrance specifically for the basement unit, and use the entrance through the solarium, or the back door as the main entrance for the upper floor unit.
  • Option 1c: A combination of 1a or 1b + converting the garage into a livable space to enlarge the living space of the lower unit

Option 2: Single-family flip

PROPERTY FEATURES

  • 4 bedrooms (as per MPAC)
    • Since this property is a raised bungalow the MPAC states the house has 4 bedrooms, this includes the basement bedrooms
    • 2 upstairs bedrooms with possibility to add a 3rd. Dining room could be converted to a third bedroom as kitchen is eat-in and the living room is large
  • 2 full bathrooms
    • 1 full bathroom on the main floor and 1 in the basement, both are in great condition
  • Built in 1963
  • Above grade: 1,245 sq ft
  • Total basement: 1,008 sq ft
  • Large solarium off the side of the house (connected to main floor living area)
  • Flooring is wood, laminate and carpet
  • 200 AMP breaker panel
  • HWT is owned (age unknown, as per previous owner)
  • HE gas furnace is approximately 15-years-old
  • Fireplace in the solarium
  • Central AC
  • Roof is approximately 10-years-old (as per previous owner)
  • Windows are approximately 20-years-old (as per previous owner)
  • Built-in, 1-car garage
    • It is currently being used as a dark room for photography
  • 4+ parking spaces in the paved driveway
  • Lot size: 63.11 ft x 80.86 ft
  • Zoning: R1O
    • This zoning allows for an SDU (see HERE & HERE)

PROPERTY NEEDS

  • Cosmetic updating

 

Please click HERE for more pictures and information.

Price:
$599,999
Address:
956 Garwood Ave
Ottawa, ON
Square Feet:
1,245
Lot Size:
63.11 ft x 80.86 ft
Bedrooms:
4
Bathrooms:
2
Terms:
For Sale
Property Type:
Home
Year Built:
1963

Call (647) 400-2093 for more details

Property Location