193 Gladu Street, Vanier And Kingsview Park

CAP RATE 6.2%! Updated and well maintained TRIPLEX on a corner lot with three 1-bedroom units and two parking spots. Unit 1 - features a two-storey unit with an updated kitchen with microwave/hoodfan, eating area, a family room on the main floor, in-unit laundry and a large bedroom on the second floor with walk-in closet and full bathroom with laundry. Tenant pays $1,600 per month + hydro. Unit 2 - features a 1 bedroom unit with full kitchen, good size living room, in-unit laundry and full bathroom with laundry. Tenant pays $1,250 per month + hydro. Unit 3 - features a 1 bedroom apartment with full kitchen with eating area, spacious living room, and balcony. (VACANT - projected rent $1,800 per month). Updates: Heating (2022), Roof (2017), Windows (2017). NOI: $42,004.29 (approx.)

Excellent redevelopment opportunity in a desirable, well-located Ottawa neighbourhood. Zoned R4E, this property offers flexibility for a variety of residential uses, subject to buyer due diligence and municipal approvals.The home has been converted into a bi-generational residence, offering a functional layout suitable for multi-generational living. It features a total of two bedrooms, with one bedroom on the main level and one bedroom on the second floor.The main level includes one bedroom, kitchen, living room, dining area, and a full washroom equipped with a jet tub.The second floor, which has been fully renovated, offers one bedroom, a family room, dining area, kitchen, laundry/office, and a full washroom, also equipped with a jet tub.A sliding door separating the main and second levels provides full privacy, supporting the home's bi-generational configuration.All major components are owned outright, including the hot water tank, with no rental contracts in place. With its strong location and flexible zoning, this property presents a solid opportunity for future redevelopment, subject to buyer verification. Buyers are advised to confirm zoning, permitted uses, and development potential to their own satisfaction.

Freshly updated duplex in a high-demand rental area. Both units offer bright, modern finishes and excellent functionality. Ample on-site parking adds strong tenant appeal. Ideal opportunity for investors to set their own rents or for an owner-occupier to live in one unit and rent the other. A solid addition to any portfolio.