Description
Welcome to 57 Lees Avenue - a rarely offered three-storey all-brick duplex in the heart of Old Ottawa South. This versatile and well-maintained investment property offers strong income potential with approximately $71,760 per year in gross rental income, while also presenting an excellent opportunity for owner-occupants seeking additional rental revenue.A shared front foyer provides access to both self-contained units. The main level features a spacious 2-bedroom unit offering hardwood flooring, high ceilings, an oversized kitchen with ample storage and workspace, an updated bathroom, private laundry, and direct side-door access to the backyard.The upper unit spans the second and third floors and offers an expansive 4 bedroom layout. This bright and updated space includes a renovated kitchen, private laundry, generous living areas, and a unique upper loft level with an additional flex room - ideal for larger households and flexible rental arrangements. Both units include separate parking spaces and private laundry, adding convenience and long-term tenant appeal. Ideally located within walking distance to the Rideau Canal,University of Ottawa, Main Street, Elgin and Lansdowne. This property is perfectly positioned near transit, parks, shops, and everyday amenities. Major updates include roof shingles (25-year shingles), Energy Star windows and skylights, air conditioning (2021), and a remodel of the second unit completed in 2019. A rare opportunity to own a character-filled multi-unit property in one of Ottawa's most desirable central neighbourhoods. Some photos were taken prior to tenant occupancy and certain photos have been digitally altered. (id:374)
Details
| MLS # | X13112682 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 167 |
| Listing Provided By | REMAX BOARDWALK REALTY | Eric Charron |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 2,000 |
| Basement | Y |
| Story(s) | 3 |
| Zoning | R3P |
Interior
| Cooling | Central air conditioning |
|---|---|
| Heating | Baseboard heaters, Forced air, Electric, Natural gas |
| Appliances | Washer, Refrigerator, Stove, Dryer, Water Heater |
| Fireplace Yes / No | No |
Exterior
| Foundation Details | Stone |
|---|
Parking
| Parking Features | No Garage |
|---|---|
| Parking Total | 2 |
Utilities
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 8143.12 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Ottawa |
| Postal Code | K1S0B8 |
| Listing VS Median (in K1S0B8) | |
Price: $954,900 low | high Med: $976,850 sqft: 2,000 low | high Med: 1,750 $ / sqft: $477 low | high Med: $572 On site: 167 low | high Med: 88.5 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Ottawa |
| Postal Code | K1S0B8 |
| Listing VS Median (in K1S0B8) | |
Price: $954,900 low | high Med: $976,850 sqft: 2,000 low | high Med: 1,750 $ / sqft: $477 low | high Med: $572 On site: 167 low | high Med: 88.5 | |
 | $899,900109 Lees AvenueOttawa, ON K1S0C2 |
