$360,000
501 - 1025 Richmond Road
Woodroffe, Ottawa
- 3 bd
- 2 ba
- Condo apartment
1 / 23
$1,250,000
Woodroffe, Ottawa, ON K2A3V4 · MLS® X13724792
Rare 3,000 sq. ft. legal duplex in a semi-detached home, offering an exceptional opportunity for multi-generational living or investment. This property provides substantial space, low-maintenance features, and strong income potential, with both units currently rented on a month-to-month basis. Tenants pay their own utilities. Unit A - 2,000 sq. ft. (Owner's Unit) Four spacious bedrooms and three bathrooms, including a modern en-suite and an updated family bath Convenient second-floor laundry room. Open-concept main floor with excellent flow for everyday living. Low-maintenance landscaping and a long concrete driveway providing ample parking. Unit B - 1,000 sq. ft. (Secondary Suite) Bright one-bedroom unit with a den. Large windows providing abundant natural light. Well-designed layout ideal for a single occupant or couple. Additional Details; Both units are currently rented month-to-month. Showings require 24 hours' notice. Available showing times: Wednesdays 6-8 PM and Saturdays 1-3 PM. Prime location close to amenities, transit, and community services. Some of the pictures are virtually staged. (id:65933)
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Estimate only, not financial advice. Rent is reduced by vacancy, then management is taken on the rent collected; net operating income = that, less property tax and other costs; cap rate = net operating income ÷ price; cash flow also subtracts the mortgage (semi-annual compounding, as Canadian mortgages use). Vacancy default: CMHC Rental Market Report, Ottawa, October 2025.
Listed by Exp Realty.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.