Property Description

A legal Secondary Dwelling Unit in Elmdale Acres with two fully self-contained units and separate hydro meters - a bungalow built to perform whether you're house-hacking your first mortgage or adding a clean, low-headache door to your portfolio. The lower unit is already leased at $1,900/month plus hydro to strong tenants, while the upper unit sits vacant and ready: move in and let the lower unit carry a big chunk of your mortgage, lease it out for a second stream of income, or reshuffle entirely, as the current tenants would happily move up. The vacant upper unit offers three spacious bedrooms, an updated bathroom, and hardwood and tile flooring throughout. Genuine mid-century character runs through the space. Downstairs, the lower unit was fully renovated in 2017 and lives like a true second home rather than a dated basement apartment - two bedrooms, a modern open-concept kitchen, a full bathroom, and an oversized solarium that floods the unit with natural light. Just as importantly, the expensive work is already done. Recent updates include a full basement renovation (2017), furnace (2022), AC (2016), sump pump with battery backup (2017), hot water heater (2017), eavestrough repairs (2017), and roof (2008), along with a foundation repair backed by a transferable 10-year warranty (2017). Separate hydro meters keep utilities tenant-paid and the accounting clean.Set on a beautiful lot minutes from the Ottawa Hospital - a built-in tenant pool of staff, residents, and students - the property also offers easy access to shopping, public transit, parks, and top-rated schools. It's the kind of address that simply doesn't sit vacant. 24 hours' notice required for all showings. (id:7434)