22 Dollard Street Embrun, Ontario K0A 1W0
$849,888
Welcome to 22 Dollard Street, a brilliantly designed fully legal 2-unit home in Embrun. The flagship upper unit is a renovated 3 bedroom home rented for $2,204/month. So much care and attention went into remodelling this home and it’s now among the premier rental homes in Embrun. The basement unit looks even better, if you can believe it – it’s a newly created 3-bedroom home rented for $2,050/month. With these two spectacular units, you’ll never have trouble finding quality tenants and rental rates. At $2,204 and $2,050 per month these units total $4,254 monthly, annualized to $51,045. Tenants pay their own heat and hydro meaning extremely low expenses of $6,104. That leaves a stunning net income of $44,942. Yes, nearly 45 grand net! With these incredible numbers, low-maintenance nature of a fully renovated property with a brand new secondary unit, and the competitive asking price, this property is over a 5.25% cap rate! At 5% annual growth this home could be worth ~$3.7M in 30 years. (id:37684)
Property Details
| MLS® Number | 1340430 |
| Property Type | Single Family |
| Neigbourhood | Embrun |
| Amenities Near By | Recreation Nearby |
| Community Features | Family Oriented |
| Parking Space Total | 5 |
| Structure | Deck |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 3 |
| Bedrooms Total | 6 |
| Appliances | Refrigerator, Dishwasher, Dryer, Hood Fan, Stove, Washer |
| Architectural Style | Raised Ranch |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Constructed Date | 1975 |
| Construction Material | Wood Frame |
| Construction Style Attachment | Detached |
| Cooling Type | Wall Unit |
| Exterior Finish | Brick, Siding |
| Flooring Type | Vinyl |
| Foundation Type | Block |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 1 |
| Type | House |
| Utility Water | Municipal Water |
Parking
| Carport | |
| Surfaced |
Land
| Acreage | No |
| Fence Type | Fenced Yard |
| Land Amenities | Recreation Nearby |
| Sewer | Municipal Sewage System |
| Size Depth | 195 Ft |
| Size Frontage | 77 Ft ,11 In |
| Size Irregular | 77.9 Ft X 195.03 Ft |
| Size Total Text | 77.9 Ft X 195.03 Ft |
| Zoning Description | R1 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | Kitchen | 12'7" x 9'5" | ||
| Main Level | Dining Room | 12'4" x 11'0" | ||
| Main Level | Living Room | 14'0" x 14'4" | ||
| Main Level | 5pc Bathroom | 12'7" x 6'11" | ||
| Main Level | Primary Bedroom | 12'10" x 12'7" | ||
| Main Level | Bedroom | 10'11" x 10'6" | ||
| Main Level | Bedroom | 10'6" x 8'10" |
https://www.realtor.ca/real-estate/25545461/22-dollard-street-embrun-embrun
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August 01 2023 03:11:47
Ottawa Real Estate Board
Keller Williams Integrity Realty
