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803 MERIVALE ROAD, Ottawa, Ontario

$549,900

4 bed · 2 bath

MLS® X13872336

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. (id:56426)

Hamid Riahi

Listed by POWER MARKETING REAL ESTATE INC.

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The neighbourhood

About the area

Census figures and the live market for the area this home sits in, matched from the property’s own location on the map.

Population
10,835
Median household income
$70,184
Median home value
$447,061
Owner-occupied
33%
Homes for sale
42
Median list price
$642,450

Source: Statistics Canada 2021, LiveBy

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Karen McGuffin
Residential Realtor

Karen McGuffin

(519) 216-1956
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