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137 Glamorgan Drive Image 1

$550,000

$569,888
3.5% dropped

Last price change Mar 23

Feb 2Investment For Sale
bedrooms3bed
washrooms0bath
MLS - #X11951519

137 Glamorgan Drive, Kanata, ON K2L 1R7

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Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

N/A

About 137 Glamorgan Drive

5.92% CAP RATE (not incl updates and mgmt costs) TWO-UNITS... Semi-detached House with In-Law Suite / Apartment - Turn key in KANATA! This is a semi-detached high-ranch style property with UP and DOWN units, with separate entrances and is easy to rent. Current Gross income is $43,020/year and Operating expenses (not incl Maint and mgmt) are low at $13,196 = $29,824 NOI. Great opportunity to also live in one unit and rent the other... pay off a HUGE portion of your mortgage. There is NO CARPET in each of the units. TOP FLOOR UNIT has UPGRADES of KITCHEN with granite countertops, BATHROOM and more. BASEMENT UNIT has an upgraded bathroom. BOTH UNITS are heated by a forced air gas furnace and cooled with a Central AC unit. Both units share a common laundry room. Parking for 4 cars - side by side - so each tenant has their private laneway. A great way to own a FREEHOLD PROPERTY... the rental income helps tremendously. Call now to know more. Make it your retirement invest and a home, all in one! ***The attached house at 135 Glamorgan is also for sale and both can be sold together or separate***

Home Overview

Last updated

3 days ago

Virtual tour

None

Basement information

Building size

2000

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

--

Listed by RE/MAX HALLMARK REALTY GROUP

Additional Details

Basement:N/A
Cooling:Yes
Heating:Gas Forced Air Open
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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