898 Watson Avenue, Britannia Heights - Queensway Terrace N and Area, ON

$899,900

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7

Beds

3

Baths

2,500

Square feet

About 898 Watson Avenue

Turnkey triplex investment opportunity consisting of a legal duplex with an additional secondary dwelling unit in desirable Fairfield Heights/ Britannia. Strong reliable tenant profile with lots of upside potential, meticulously maintained with over 25 years of pride of ownership. The property features two spacious 3-bedroom units and one 1-bedroom unit, offering an excellent unit mix for stable rental income. Units have been updated over time, with new doors & windows, electrical panels and fully renovated bathroom. Updated kitchens with dishwasher & OTR Microwave. Tenants are reliable and pay on time, with separately metered hydro & gas paid by tenants of upper units, coin operative laundry machines. Recent improvements include two Rheem gas forced-air furnaces (2018 & 2020) and efficient Rinnai Tankless water heater. Ideal for investors seeking a well-maintained, low-maintenance asset or owner-occupants looking to live in one unit while offsetting expenses with rental income. Prime west end location close to Bayshore shopping Centre, Lincoln Heights, Carlingwood Mall, Britannia Beach, steps to transit, new LRT Station and quick easy access to the Queensway.

Features of 898 Watson Avenue

MLS® # X13645972
Price $899,900
Bedrooms 7
Bathrooms 3.00
Square Footage 2500-3000
Type Residential Freehold
Sub-Type Duplex
Style 2-Storey
Status Active

Community Information

Address 898 Watson Avenue
Area Ottawa
Subdivision 6202 - Fairfield Heights
City Britannia Heights - Queensway Terrace N and Area
Province ON
Postal Code K2B 6B9

Amenities

Parking Spaces 5
# of Garages 1
Garages Attached
Is Waterfront No
Waterfront None
Pool None

Interior

Heating Forced Air
Cooling Central Air
Fireplace Yes
Basement Full, Finished

Exterior

Exterior Brick

Listing Details

OfficeGRAPE VINE REALTY INC.

Listing Map