Investor's Commercial Opportunity! Fantastic income-generating property with potential for two rental units in the highly desirable Royal & Civic Hospital area. This spacious home features 4 bedrooms, 2 full bathrooms, and sits on a large lot offering both space and long-term development potential. there are 2 bedrooms on second level and 1 bedroom in the main level, with 1 full bathroom, Upper level is currently rented at $1,500/month.Lower level: Non-confirmed bachelor apartment with full bathroom, currently rented at $750/month.A great opportunity for investors seeking strong cash flow or end users looking to live in one unit and rent the other. Close to hospitals, transit, shopping, and all amenities.
Address
803 Merivale Road
List Price
$595,000
MLS® Status
Price Change
Expiration Date
2025-12-15
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
1 1/2 Storey
Transaction Type
For Sale
Area
Carlington - Central Park
Sub-Area
5302 - Carlington
Region
Ottawa
Bedrooms
3 + 1
Bedrooms (Total)
4
Rooms Above Grade
10
Bathrooms
2
Floor Area
1100 - 1500 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
98.2
Lot Size Units
Feet
Lot Width
48
Parcel Number
040400041
Occupant Type
Tenant
Cross Street
Merivale Rd
MLS® Number
X12348946
Listing Brokerage
POWER MARKETING REAL ESTATE INC.
Basement Area
Finished
Postal Code
K1Z 5Z5
Posession Details
TBA
Parking Places (Total)
3
Parking Spaces
3
Tax Amount
$3,564.00
Tax Year
2024
Interior Features
None
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Ottawa Real Estate Board
Heat Source
Other
Heat Type
Other
Cooling Features
Central Air
Construction Materials
Vinyl Siding
Direction Faces
South
Fireplace
No
Foundation Details
Concrete
Garage
No
Garage Type
None
Kitchens Total
2
Kitchens Above Grade
1
Kitchens Below Grade
1
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
LT 2, PL 267570 ; OTTAWA/NEPEAN
Waterfront
No
Sewer
Sewer