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803 Merivale Road, Ottawa, ON 7 photos

$565,000

Active
803 Merivale Road, Ottawa, ON· Carlington
3+1
Bedrooms
2
Bathrooms
1100-1500
Sq Ft
3
None Parking

About this Property

Investor's Commercial Opportunity! Fantastic income-generating property with potential for two rental units in the highly desirable Royal & Civic Hospital area. This spacious home features 4 bedrooms, 2 full bathrooms, and sits on a large lot offering both space and long-term development potential. there are 2 bedrooms on second level and 1 bedroom in the main level, with 1 full bathroom, Upper level is currently rented at $1,500/month. Lower level: Non-confirmed bachelor apartment with full bathroom, currently rented at $750/month. A great opportunity for investors seeking strong cash flow or end users looking to live in one unit and rent the other. Close to hospitals, transit, shopping, and all amenities.

Listed by POWER MARKETING REAL ESTATE INC. · MLS# X13148520

Features & Details

Property details of 803 Merivale Road, Ottawa, ON

Property TypeDetached
Style1 1/2 Storey
Size1100-1500 sq ft
BasementFinished
Total Parking3

Mortgage Calculator

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%
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Mortgage Payment$2,776/monthly
Principal54%
Interest46%
Principal Amount$452,000
Interest$380,703
Total Payable$832,703
Amortization25 years

* Estimate only. Consult a mortgage broker for accurate figures.

Cash Flow Analysis

Mortgage payment$2,776
Mortgage + Expenses$2,776
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$
$
$
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Monthly Cash Flow-$2,776

* Estimate only. Consult a mortgage broker for accurate figures.

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Akash Sharma

Akash Sharma

REALTOR® · Ali Realty Group Inc.

Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.

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