Updated Legal Triplex in Bourget, Ontario!! Assigned

  • $329,999
  • 5 beds
  • 3 baths
  • 3168 sqft

This property is located on Champlain St in the heart of Bourget (45 mins to downtown Ottawa). Right in town by the main intersection, close to the public library, religious centre, grocery stores, and across from the Home Hardware, this is the perfect rental property. This legal triplex has had many renovations, including updated kitchens over the past five years (the seller has spent $150,000 updating this property), making it a true turn-key property. Do not miss out on an amazing opportunity to enjoy a hassle-free income property with cashflow!!

We are selling our assignable purchase contract.

Closing is October 29th, 2020.
**As per our APS the Buyer must assume the tenants. They are paying close to market value. Please see property features for unit price breakdown.**

 

** Please click HERE for more information and pictures**

Price:
$329,999
Address:
Champlain St
Bourget, ON
Square Feet:
3168
Lot Size:
53 ft x 150ft
Bedrooms:
5
Bathrooms:
3
Terms:
Assignment of Contract
Property Type:
Triplex
Year Built:
1890

Additional Features

5 bedrooms 3 full bathrooms Structure code: 323 - triplex Property code & description: 333 - residential property with three self-contained units Built in 1890 Above grade: 3168 sq ft Basement: 1584 sq ft (ceiling height is 3.4 ft) 2-storeys 3 separate entrances Updated kitchens Flooring: wood and vinyl Large bright windows (approximately 10-years-old but some were updated in 2018) No central AC HE hot water boiler (replaced in 2015) Municipal water supply Sewer is private septic system (seller will pump before closing) 200 AMP breaker panel (recently updated) Tin roof 3 hydro meters (paid by each tenant) Total parking spaces: 8 Lot size: 53 ft x 150ft Unit Breakdown All tenants are on a one-year lease Appliances not included in the sale (owned by tenants) Each unit has laundry Each unit has private deck (all were updated in 2018) Property is rented for approximately $3,000/monthly Unit A (downstairs): - 2 bed, 1 bath - $1100/month Unit B (side): - 1 bed, 1 bath - $915/month - Rent will increase to $935/month effective November 2020. The notice was given in July 2020. Unit C (upstairs): - 2 bed, 1 bath - $965/month PROPERTY NEEDS Front porch requires minor maintenance Upper balcony (unit C) has a city work order (railing height) that must be completed The inside appears to be in excellent shape, some of the outside and siding needs attention

Call (647) 400-2093 for more details

Property Location