Britannia Heights - Queensway Terrace N And Area, ON K2B 5P6,844 Norton AVE
Britannia Heights - Queensway Terrace N And Area, ON K2B 5P6,844 Norton AVE
Britannia Heights - Queensway Terrace N And Area, ON K2B 5P6,844 Norton AVE
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$798,000
Est. payment /mo
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5 Beds
2 Baths
Price Dropped by $32K

844 Norton AVE Britannia Heights - Queensway Terrace N And Area, ON K2B 5P6

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The Goldmark Group

The Goldmark Group

The Goldmark Group - Brokered by eXp Realty

+1(416) 556-9828

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

Subdivision 6203 - Queensway Terrace North

MLS Listing ID X12133398

Style 2-Storey

Bedrooms 5

Building Age 51-99

Annual Tax Amount $4,569

Tax Year 2024

Property Sub-Type Detached

Property Description

Welcome to 844 Norton Ave, a prime investment opportunity nestled in one of Ottawas rapidly developing neighbourhoods. This well-maintained duplex is a rare find, offering a fantastic opportunity for investors and developers alike. The property is comprised of two tenant-occupied units, both boasting excellent tenants who take pride in their spaces. The main level features a spacious 3-bedroom, 1-bathroom unit with plenty of natural light and comfortable living space. The lower level offers a cozy 2-bedroom, 1-bathroom unit, perfect for additional rental income. Generating an annual gross revenue of $42,060, this property serves as a lucrative turn-key investment while you plan your next development. With the surrounding area experiencing significant growth and new developments, this property presents an ideal opportunity to purchase and hold for future gains. Situated on a street that has seen substantial revitalization, this duplex not only offers consistent rental income but also holds incredible potential for future redevelopment. Whether youre looking to expand your real estate portfolio or secure a strategic development site, 844 Norton Ave is the perfect choice.

Location

Province ON

County Ottawa

Community 6203 - Queensway Terrace North

Area Ottawa

Rooms

Family Room No

Basement Apartment

Kitchen 2

Separate Den/Office 2

Interior

Interior Features Carpet Free, In-Law Suite, Separate Hydro Meter

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Pool None

Roof Type Asphalt Shingle

Lot Frontage 50.0

Lot Depth 100.0

Total Parking Spaces 5

Building

Unit Features Beach,Park,Public Transit

Foundation Concrete


Listed by SLEEPWELL REALTY GROUP LTD

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The Goldmark Group

The Goldmark Group

+1(416) 556-9828 | info@thegoldmarkgroup.com

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844 Norton AVE