392 Fullerton Avenue, Overbrook - Castleheights And Area, ON K1K 1K1

$620,000
5
BD
2
BA
700
SqFt

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List Price
$620,000
MLS#
X14116198
Status
ACTIVE
Type
Single Family Residential
SubType
Semi-Detached
Style
Bungalow
Bedrooms
5
Bathrooms
2
Living Area
700-1100
Province
ON
Municipality
Overbrook - Castleheights And Area
Area
Ottawa
Neighborhood
3502 - Overbrook/Castle Heights
Subdivision
From Donald St, Turn Left Onto Lola St, Then Turn Right Onto Fullerton Ave. /// From Brant St Turn Right Onto Fullerton Ave

Property Description

Welcome to a home that offers the perfect blend of comfortable living and income potential! Whether you're looking for a place to call home, an opportunity to offset your mortgage with rental income, or a smart addition to your investment portfolio, this property offers the flexibility to do it all. The lower unit is currently rented below market for the area, leaving room to grow on turnover. Enjoy the flexibility of making the upper unit your own while the lower unit provides rental income to help offset your monthly expenses or rent out both units for a great investment opportunity. The bright upper unit offers hardwood floors, an open-concept living/dining area, a white kitchen with stainless steel appliances and breakfast-bar peninsula, three bedrooms, a 4 piece bath, in unit stacked laundry, and walk-out access to a raised deck. The lower unit has an open kitchen and living area, its own laundry, and storage. Separate entrances and laundry keep the units fully independent, a big draw for quality tenants. The large, fenced backyard has mature trees and a storage shed. You're close to Riverain Park, the Rideau River pathways, the Adawe Crossing to Sandy Hill, 10m to downtown, schools and shops, with bus and O-Train access at St. Laurent and quick access to the 417. Two independent units and income in place, 392 Fullerton is a smart buy for investors or first time buyers looking to house hack in one of Ottawa's emerging neighbourhoods.

Additional Information

Taxes
$4,376
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Kitchens
2
Exterior
Brick
Garage Type
None
Pool
None
Parking Spaces
2

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Calculator source: Real Geeks

Listing courtesy of ENGEL & VOLKERS OTTAWA.