Description
Welcome To 22 Dollard, A Brilliantly Designed, Fully Legal 2-Unit Home In Embrun. The Flagship Upper Unit Is A Beautifully Renovated 3 Bedroom, 1 Bathroom Rented For $2,204/Month. The Basement Apartment Is A Newly Created 3-Bedroom, 1 Bathroom, Rented For $2,000/Month. So Much Care & Attention To Detail Has Gone Into Positioning This Property To Be Among The Premier Rental Homes In Embrun; A Town East Of Ottawa That Is Absolutely Surging In Popularity. With These Two Spectacular Units And A Rapidly Expanding Embrun Population, You'll Never Have Trouble Finding Quality Tenants And Attractive Rental Rates. At $2,204 And $2,000 Per Month, These Units Total $4,204 Monthly, Annualized To $50,448. Tenants Pay Their Own Heat And Hydro Meaning Extremely Low Owner Operating Expenses Of $5,971. That Leaves A Stunning Net Income Of $44,477. With Incredible Numbers & A Low-Maintenance Nature, This Investment Is Over A 5% Cap Rate! At 5% Annual Growth This Home Could Be Worth ~$3.7M In 30 Years.
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3BEDS
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N/AACRES
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2BATHS
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01/2 BATHS
Description
Welcome To 22 Dollard, A Brilliantly Designed, Fully Legal 2-Unit Home In Embrun. The Flagship Upper Unit Is A Beautifully Renovated 3 Bedroom, 1 Bathroom Rented For $2,204/Month. The Basement Apartment Is A Newly Created 3-Bedroom, 1 Bathroom, Rented For $2,000/Month. So Much Care & Attention To Detail Has Gone Into Positioning This Property To Be Among The Premier Rental Homes In Embrun; A Town East Of Ottawa That Is Absolutely Surging In Popularity. With These Two Spectacular Units And A Rapidly Expanding Embrun Population, You'll Never Have Trouble Finding Quality Tenants And Attractive Rental Rates. At $2,204 And $2,000 Per Month, These Units Total $4,204 Monthly, Annualized To $50,448. Tenants Pay Their Own Heat And Hydro Meaning Extremely Low Owner Operating Expenses Of $5,971. That Leaves A Stunning Net Income Of $44,477. With Incredible Numbers & A Low-Maintenance Nature, This Investment Is Over A 5% Cap Rate! At 5% Annual Growth This Home Could Be Worth ~$3.7M In 30 Years.