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$550,000
Available - For Sale
Listing ID: X11951519
137 Glamorgan Drive , Kanata, K2L 1R7, Ottawa
5.92% CAP RATE (not incl updates and mgmt costs) TWO-UNITS... Semi-detached House with In-Law Suite / Apartment - Turn key in KANATA! This is a semi-detached high-ranch style property with UP and DOWN units, with separate entrances and is easy to rent. Current Gross income is $43,020/year and Operating expenses (not incl Maint and mgmt) are low at $13,196 = $29,824 NOI. Great opportunity to also live in one unit and rent the other... pay off a HUGE portion of your mortgage. There is NO CARPET in each of the units. TOP FLOOR UNIT has UPGRADES of KITCHEN with granite countertops, BATHROOM and more. BASEMENT UNIT has an upgraded bathroom. BOTH UNITS are heated by a forced air gas furnace and cooled with a Central AC unit. Both units share a common laundry room. Parking for 4 cars - side by side - so each tenant has their private laneway. A great way to own a FREEHOLD PROPERTY... the rental income helps tremendously. Call now to know more. Make it your retirement invest and a home, all in one! ***The attached house at 135 Glamorgan is also for sale and both can be sold together or separate***
Price $550,000
Taxes: $3,242
Tax Type: Annual
Occupancy by: Tenant
Address: 137 Glamorgan Drive , Kanata, K2L 1R7, Ottawa
Postal Code: K2L 1R7
Province/State: Ottawa
Legal Description: PART LOT 885 PLAN 886, PART 13 AND 36 PL
Lot Size: 42.24 x 112.36 (Feet)
Directions/Cross Streets: Uxbridge Cres
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 0
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Washroom 16 0
Washroom 17 0
Washroom 18 0
Washroom 19 0
Washroom 20 0
Washroom 21 0
Washroom 22 0
Washroom 23 0
Washroom 24 0
Washroom 25 0
Washroom 26 0
Washroom 27 0
Washroom 28 0
Washroom 29 0
Washroom 30 0
Category: Apartment
Building Percentage: T
Total Area: 2,000
Total Area Code:  Square Feet
Maintenance: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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Down payment: $  
Interest Rate: %  
Amortization :  Years
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX HALLMARK REALTY GROUP

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