503 COTE ST Active Save Request In-Person Tour Request Virtual Tour
Overbrook - Castleheights And Area,ON K1K 0Z8
Key Details
Property Type Multi-Family
Sub Type Semi-Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision 3502 - Overbrook/Castle Heights
MLS Listing ID X12034379
Style 2-Storey
Bedrooms 4
Annual Tax Amount $6,864
Tax Year 2024
Property Sub-Type Semi-Detached
Property Description
Welcome to 503 Cote Street. A Beautifully Maintained 2019-Built Semi-Detached with Exceptional Income Potential. This property offers incredible flexibility with a legal secondary dwelling unit, each with it's own private entrance. Whether you're looking to live in one unit and rent the other, or rent out both, this property generates approximately $53,000+ in annual rental income.Tenants pay all utilities except water, making this an efficient investment. Each unit is independently heated and has it's own hydro meter, while sharing one water meter. The main (upper) unit boasts a stylish open-concept layout with upgraded pot lights, large windows that bring in natural light, and a modern kitchen featuring stainless steel appliances, a center island, and ample cabinetry. The spacious primary suite includes a walk-in closet and a luxurious 5-piece ensuite with double vanity. You'll also find three additional bedrooms, a full guest bathroom, and the convenience of second-floor laundry. This unit includes both a garage space and surface parking. The lower-level secondary dwelling unit offers a bright, open living space with a full kitchen, one bedroom, a 4-piece bathroom, and it's own laundry and storage area perfect for students, young professionals, or extended family. This unit comes with one surface parking space. Enjoy outdoor living in the private, landscaped backyard, ideal for relaxation and entertaining. Vacant possession is available. The current owner occupies the lower unit, and the upper unit will be vacated by tenants on May 16th, 2025, allowing you to set your own rents or move in comfortably. Don't miss this versatile, income-generating opportunity in a fantastic location. Book your private showing today!
Location
Province ON
County Ottawa
Community 3502 - Overbrook/Castle Heights
Area Ottawa
Rooms
Family Room No
Kitchen 2
Interior
Cooling Central Air
Exterior
Parking Features Mutual
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Building
Foundation Poured Concrete