$ 849.999

258 Russell Avenue, Ottawa

20 Photos

258 Russell Avenue, Ottawa, ON K1N7X5 Photo 2

258 Russell Avenue, Ottawa, ON K1N7X5 Photo 3

258 Russell Avenue, Ottawa, ON K1N7X5 Photo 4

258 Russell Avenue, Ottawa, ON K1N7X5 Photo 5

258 Russell Avenue, Ottawa, ON K1N7X5 Photo 6

258 Russell Avenue, Ottawa, ON K1N7X5 Photo 7

Bedrooms: 4
MLS®: 1385919

Type: Townhouse
Added: 18 days ago

Property Details

Beautiful 3-unit apartment building ideally situated in the heart of Sandy Hill. Each unit boasts a private entrance along with designated outdoor space. Unit 1 (2 bedroom) and unit 2 (1 Bedroom) are both 2-story apartments providing ample living space and comfort. Unit 3 is a bachelor unit, offering a compact yet comfortable living space. Noteworthy features of the building include four gas meters, four rental hot water tanks, and four hydro meters, ensuring that each tenant is responsible for their own utilities. Additionally, there is a shared coin-operated laundry area for added convenience. With the potential for rent increases, this property presents an excellent cash flow opportunity for investors or those seeking to reside in one of the units themselves. For a comprehensive financial outlook, please refer to the attached NOI statement. 24 Hr notice for all showings & 24 Hr Irrevocable (id:1945)

Best Mortgage Rates

Property Information

Sewer: Municipal sewage system
Cooling: None
Heating: Baseboard heaters, Electric
List AOR: Ottawa
Stories: 2
Tax Year: 2023
Basement: Finished, Full
Flooring: Hardwood, Wall-to-wall carpet, Mixed Flooring
Photos Count: 20
Water Source: Municipal water
Parcel Number: 042050169
Parking Total: 1
Structure Type: Triplex
Parking Features: Street Permit, Surfaced
Tax Annual Amount: 7819
Exterior Features: Brick
Existing Lease Type: Gross
Lot Size Dimensions: 27.09 ft X 71 ft
Zoning Description: R4-H
Number Of Units Total: 3

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Nearby Places

Name	Type	Address	Distance
St. Clement Parish (Ottawa)	It was the first parish in the world to be authori...		0.1 km
Matt Anthony Field	The facility was named in honour of Matt Anthony, ...		0.2 km
Confederation Line	While using light rail vehicles and technology, th...		0.4 km
Sandy Hill, Ottawa	To the north it stretches to Rideau Street and the...		0.5 km
Lees station (OC Transpo)	It is located south of the Queensway just to the w...		0.6 km
Dutchy's Hole Park	The park has a wading pool, playground, and a foot...		0.6 km
UOttawa station	A pedestrian tunnel runs under the station linking...		0.6 km
Strathcona Park (Ottawa)	The area of the park was originally the swampy flo...		0.6 km
Embassy of Germany, Ottawa	The current Ambassador to Canada from Germany is W...		0.7 km
University of Ottawa	The university offers a wide variety of academic p...		0.7 km
University of Ottawa Faculty of Law	The faculty is very highly rated and maintains clo...		0.7 km
Canada–Democratic Republic of the Congo relations	Congo has an embassy in Ottawa...		0.8 km

Similar Townhouses Stat in Ottawa

We have found 6 Townhomes that closely match the specifications of the property located at 258 Russell Avenue with distances ranging from 2 to 9 kilometers away. The prices for these similar properties vary between 574,900 and 729,900, providing a good range for comparison. Moreover, we have also discovered that there are a few open Townhomes in the K1N7X5 postal code area of Ottawa Ontario Canada.

258 Russell Avenue mortgage payment

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 258 Russell Avenue. The current price of the property is $849,999, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $679,999. This would result in a monthly mortgage payment of $3,975 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree	45
Bachelor's degree	70
College	30
University degree at bachelor level or above	135

Neighbourhood Marital Status Stat

Married	105
Widowed	10
Divorced	25
Separated	5
Never married	165
Living common law	40
Married or living common law	145
Not married and not living common law	200

Neighbourhood Construction Date

1961 to 1980	45
1981 to 1990	25
1991 to 2000	15
1960 or before	90

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