Large bungalow with legal secondary dwelling unit on a quiet crescent close to Bayshore and future LRT.
Unit 1-Main floor unit was recently renovated and provides a large front foyer, living room and dining room, family room addition, updated eat in kitchen, laundry, 2 full baths and 4 bedrooms. Currently rented furnished and all inclusive of utilities and internet for $2,700 a month, on a month to month lease.
Unit 2 -The renovated lower level unit is accessed by its own private entrance and offers 4 bedrooms and 2 full bathrooms, as well as it own laundry and in-unit storage area, and is furnished.
The large corner lot provides plenty of outdoor space allowing for each unit to have its own ‘yard’ area. 2 separate hydro meters. Home is heated by a high efficiency on demand boiler which also provides domestic hot water. 2021 expenses $9114.75
Priced at: $750,000
This is one of the biggest SDU (secondary dwelling unit) conversions in Ottawa with four bedrooms upstairs and four bedrooms downstairs and an addition for extra square footage for both units. The rents for this property were among the highest in the city because of the size of the home. However, like all home sales, this one was not without its challenges. We were expecting one of the units to be vacant and two days before going to market we realized it would not be. We pivoted our strategy, worked closely with the tenants and the property management company to ensure we could meet the needs of our client as well as the tenants with regards to showings. We ultimately generated 8 offers for the property and ended up setting a record sales price. Multiple agents around the city reached out to congratulate us personally and asked how we did it, but we’re not sharing our secrets 😉 If you’re considering selling, we’d be happy to employ all our strategies on your behalf.