FISHER HEIGHTS Bungalow with Basement Apartment!! $70K Under Market Value!
Basics
- Date added: Added 1 year ago
- Category: Ottawa
- Bedrooms: 4
- Bathrooms: 2
Description
-
Description:
This 3-bed, 2-bath detached bungalow in the sought-after Fisher Heights neighborhood is the perfect addition to your portfolio. With a basement apartment and a quick closing, this property is poised to help you capitalize on the bustling Spring market.
Why This Property Stands Out:
High ROI Potential: A little cosmetic updating can unlock significant value, whether you’re flipping or renting.Prime Location: Fisher Heights is a highly desirable area—perfect for families and professionals alike.Timeless Appeal: Detached bungalows are always in demand, offering long-term stability and versatile rental options.Market-Ready Timing: With a quick closing, you’ll be ready to take advantage of peak market activity this Spring.Opportunities like this don’t last long in Fisher Heights. Whether you’re a seasoned investor or just starting to grow your portfolio, this property is a must-see
We are selling our assignable purchase contract.
Closing is Feb 28th, 2025
Show all descriptionPROPERTY FEATURES- Bungalow
- Main floor is vacant, basement apartment will be vacant on closing
- 3+1 bedrooms
- 2 bathrooms
- 4-piece located on main floor
- 3-piece located in the basement
- Built in 1958 (as per MPAC)
- Above grade: 1314 sq ft (as per MPAC)
- Finished basement: 1390 sq ft (as per MPAC)
- The basement has a leak, possibly caused by downspouts directing water toward the foundation (as per Seller)
- Basement apartment is accessed through the garage door
- Appliances will be included
- Separate entrances:
- Flooring: wood and vinyl
- 100 AMP breaker panel
- Natural gas furnace
- HWT is owned, age unknown
- Windows are vinyl and 15-years-old
- Roof shingles are 15-years-old
- Brick foundation
- On municipal services
- 1-car, detached garage
- Size: 240 sq ft (as per MPAC)
- Driveway provides parking for 2 cars
- Annual property tax is $4795.00 as per this online calculator – HERE
- Corner lot: frontage 72.5′ x 103′ depth (as per MPAC)
BASEMENT APARTMENT BREAKDOWN:
- 1 Bedroom
- 1 Bathroom
- Kitchen and living room
- No laundry
- Entrance is through the garage.
- Unit may not be legal (Buyer to verify)
- Not separately metered
For more info about this property please reach out to Tammy at 778-883-3257 or email Tammy@offmarketBliss.ca
