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$ 659,900
Est. payment /mo
Active
707 MORIN STREET Ottawa, ON K1K3G8
3 Beds
3 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision 3502 - Overbrook/Castle Heights
MLS® Listing ID X11971864
Bedrooms 3
Half Baths 1
Originating Board Ottawa Real Estate Board
Property Sub-Type Freehold
Property Description
Incredible Investment Opportunity- Fully Renovated SDU with Airbnb income Potential! Welcome to this exceptional 3 bed + Studio /3 bath single dwelling unit (SDU), offering modern upgrades, strong rental income and a prime location. This turn-key investment property is perfect for investors or homeowners looking for a mortgage helper. The main 2-storey unit features three spacious bedrooms with beautiful hardwood flooring throughout. The open-concept living and dining area flows seamlessly, with patio doors leading to a large backyard deck, perfect for entertaining. Currently rented for $2,400 per month, this unit has the potential for an increase to at least $2,800/month. The fully renovated lower-level suite is a standout feature, currently being used as a high-performing Airbnb rental. Renovated in 2021, this modern space is designed for maximum comfort and profitability. Furnishings can be included at an additional cost, making it a seamless transition for new owners looking to continue its successful Airbnb operation. Located in a mature neighborhood with lush trees, this property is just steps from shops, restaurants, and the LRT, making it highly desirable for tenants and Airbnb guests alike. It's also conveniently close to Montfort Hospital, CSIS, and NRC, increasing its appeal for professionals and long-term renters. Major updates include new windows (2018), a new roof (2018), and a fully renovated lower level (2021). This SDU is a prime opportunity for investors looking for immediate cash flow and long-term appreciation. (id:24570)
Location
Province ON
Rooms
Extra Room 1 Second level 4.34 m X 3.4 m Primary Bedroom
Extra Room 2 Second level 4.03 m X 2.46 m Bedroom
Extra Room 3 Second level 2.81 m X 3.42 m Bedroom
Extra Room 4 Main level 4.08 m X 3.04 m Kitchen
Extra Room 5 Main level 5.28 m X 2.71 m Living room
Extra Room 6 Main level 3.2 m X 2.71 m Dining room
Interior
Heating Forced air
Cooling Central air conditioning
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Others
Ownership Freehold