521 Vernon Avenue, Ottawa

521 Vernon Avenue, Ottawa
22 Photos

521 Vernon Avenue - Outstanding potential in this detached single family bungalow currently used as three separate apartments. Sitting on a beautiful corner lot in a FOURTH density residential zone (R4B) in Castle Heights, a 12 minute drive to Parliament Hill, it is a prime asset with upside. Main floor 3-bedroom tenants leased through May 31, 2021 at $1,375/month inclusive. Basement 1-bedroom apartment is rented month-to-month at $1,200/month inclusive. Basement studio is rented at $975/month inclusive, tenant vacating. Excellent tenants. Always in demand. Income has room to grow. Just starting out? Live downstairs & let the other two units make you wealthy helping pay down your mortgage. Move upstairs later. Two hydro meters. 3-bed and studio forced-air natural gas furnace (newer) plus central air (older; working well). Both basement units flooded with daylight from amazing over-sized windows. Two hot water tanks are owned for reduced operating costs. Ask your agent book a showing! 48 hours notice. (id:1945)

Details and Features for 521 Vernon Avenue, Ottawa, ON K1K1A7

  • Sewer: Municipal sewage system
  • Acreage: false
  • Amenities: Public Transit, Recreation Nearby, Shopping
  • Size Depth: 98 ft ,10 in
  • Fence Total:
  • Size Frontage: 60 ft
  • Type: House
  • Cooling Type: Central air conditioning
  • Heating Fuel: Natural gas, Electric
  • Heating Type: Baseboard heaters, Forced air
  • Basement Type: Full (Finished)
  • Flooring Type: Mixed Flooring, Hardwood, Tile
  • Stories Total: 1
  • Utility Water: Municipal water
  • Half Bath Total: 0
  • Exterior Finish: Brick, Siding
  • Foundation Type: Block
  • Constructed Date: 1960
  • Fireplace Present: False
  • Architectural Style: Bungalow
  • Basement Development: Finished
  • Bedrooms Above Ground: 3
  • Bedrooms Below Ground: 1
  • Construction Style Attachment: Detached
  • Features: Corner Site

Local Amenities and nearby Places

Name Type Address
Rideau High School Laurent Boulevard in the east end of the city on the edge of Vanier
Ottawa—Vanier (provincial electoral district) The riding was represented in the Legislative Assembly by Liberal Madeleine Meilleur from 2003 until her resignation in June 2016
Coconut Lagoon Restaurant 853 St Laurent Blvd, Ottawa
Forbes, Ottawa The neighbourhood is home to St
CJFO-FM The station officially launched at 6 a.m
Montfort Hospital Hospital 713 Montreal Road, Ottawa
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