707 MORIN STREET
Ottawa, Ontario K1K3G8

$629,900

ID# X11993565
Incredible Investment Opportunity- Fully Renovated SDU with Airbnb income Potential! Welcome to this exceptional 3 bed + Studio /3 bath single dwelling unit (SDU), offering modern upgrades, strong rental income and a prime location. This turn-key investment property is perfect for investors or homeowners looking for a mortgage helper. The main 2-storey unit features three spacious bedrooms with beautiful hardwood flooring throughout. The open-concept living and dining area flows seamlessly, with patio doors leading to a large backyard deck, perfect for entertaining. Currently rented for $2,400 per month, this unit has the potential for an increase to at least $2,800/month. The fully renovated lower-level suite is a standout feature, currently being used as a high-performing Airbnb rental. Renovated in 2021, this modern space is designed for maximum comfort and profitability. Furnishings can be included at an additional cost, making it a seamless transition for new owners looking to continue its successful Airbnb operation. Located in a mature neighborhood with lush trees, this property is just steps from shops, restaurants, and the LRT, making it highly desirable for tenants and Airbnb guests alike. It's also conveniently close to Montfort Hospital, CSIS, and NRC, increasing its appeal for professionals and long-term renters. Major updates include new windows (2018), a new roof (2018), and a fully renovated lower level (2021). This SDU is a prime opportunity for investors looking for immediate cash flow and long-term appreciation. (id:25961)

INTERESTED IN THIS PROPERTY?

General Inquiry
Courtesy of EXP REALTY
Listed on: February 28, 2025

On market: 14 days
Bathroom Total 3
Bedrooms Total 3
Half Bathrooms Total 1
Cooling Type Central air conditioning
Heating Type Forced air
Heating Fuel Natural gas
Stories Total 2
Primary BedroomSecond level4.34 m x 3.4 m
BedroomSecond level4.03 m x 2.46 m
BedroomSecond level2.81 m x 3.42 m
KitchenMain level4.08 m x 3.04 m
Living roomMain level5.28 m x 2.71 m
Dining roomMain level3.2 m x 2.71 m
Primary BedroomSecond level4.34 m x 3.4 m
BedroomSecond level4.03 m x 2.46 m
BedroomSecond level2.81 m x 3.42 m
KitchenMain level4.08 m x 3.04 m
Living roomMain level5.28 m x 2.71 m
Dining roomMain level3.2 m x 2.71 m

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DAVID OIKLE

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384 Richmond Road

Ottawa, ON. K2A 0E8

Phone: 613.729.9090

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