882 Balsam DR new Save Request In-Person Tour Request Virtual Tour
Orleans - Cumberland And Area,ON K1E 1B5
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700-1100
Subdivision 1101 - Chatelaine Village
MLS Listing ID X12256520
Style Bungalow
Bedrooms 6
Annual Tax Amount $3,923
Tax Year 2024
Property Sub-Type Duplex
Property Description
Presenting a newly renovated, turn-key legal duplex in the heart of Orleans with a THIRD DWELLING POTENTIAL on an outstanding 65' x 150' lot. This property is an ideal investment offering excellent cash flow, modern upgrades, and future development potential. Situated near Highway 174, the upcoming LRT station, Place d'Orléans Mall, the Ottawa River, this property offers unmatched convenience in a high-demand location.Originally a single-family bungalow, this home has been expertly converted into two self-contained units with separate entrances and hydro meters. The main level features three spacious bedrooms, a full bathroom, and access to an attached garage. It is currently leased for $2,550/month, with tenants covering all utilities except gas for heating. The lower unit also includes three bedrooms and a full bathroom, and is rented for $2,200/month, with tenants paying all utilities. Adding to its long-term value, the home sits on an extended lot zoned for a coach home. A third hydro meter has already been installed, and the seller has paid for professional plans for the coach home. The property has undergone a complete transformation, featuring new kitchens (with quartz countertops and stainless steel appliances), bathrooms, flooring, drywall, paint, electrical, plumbing, pot lights throughout, new basement windows, interior doors, washers & dryers, interlock, and a brand-new driveway with space for up to nine vehicles. The attached garage is currently used by the main floor tenants. This truly turn-key property combines modern finishes, strong rental income, and future growth potential. Whether you're an investor expanding your portfolio or a buyer seeking a home with mortgage-subsidizing potential, 882 Balsam Drive is a rare opportunity in one of Orleans most promising neighbourhoods.
Location
State ON
County Ottawa
Community 1101 - Chatelaine Village
Area Ottawa
Rooms
Family Room Yes
Basement Separate Entrance,Finished
Kitchen 2
Separate Den/Office 3
Interior
Interior Features Carpet Free,Water Heater Owned,Separate Hydro Meter
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 65.0
Lot Depth 150.0
Total Parking Spaces 10
Building
Foundation Poured Concrete
Others
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