Posted by: Max Balan
Each week, Max breaks down the numbers for a great investment property in Ottawa
You can reach out to Max and the team any time too make a move, to get the numbers on a property you’re interested in, or get the latest stats on the Ottawa market.
209 Marier Ave in the Vanier area of Ottawa, a great opportunity for the right investor.
Embark on a lucrative investment journey with this exquisite duplex, embodying the key components of a highly promising financial endeavor. Sporting an impressive projected cap rate of 6%, this property boasts the potential to deliver a consistently strong stream of income for savvy investors. The upper unit, featuring four bedrooms, has recently undergone a stylish renovation, resulting in a contemporary and inviting living space. Meanwhile, the lower unit, with its three bedrooms, was thoughtfully refreshed just a few years ago, offering a ready-made investment opportunity. This duplex not only opens the door to potential owner occupancy and long-term appreciation but also stands as an appealing choice for those seeking an astute investment option.
Monthly financial breakdown
Monthly operating expenses
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I’m Max Balan, a realtor at Royal Lepage on the Nick Fundytus team, and this has been your deal of the week. Stay tuned for more exciting opportunities in the future!
Download Max’s financial analysis of this property.