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$894,999
Available - For Sale
Listing ID: X12482063
882 Balsam Drive , Orleans - Cumberland and Area, K1E 1B5, Ottawa
882 Balsam Drive just became an even greater opportunity - now city-approved for a third unit! This newly renovated, turn-key legal duplex in the heart of Orleans sits on an impressive 65' x 150' lot, offering the perfect blend of strong cash flow, modern upgrades, and future development potential.Originally a single-family bungalow, the property has been expertly converted into two self-contained units with separate entrances and hydro meters. The main level offers 3 spacious bedrooms, a full bathroom, and access to an attached garage - currently rented for $2,550/month, with tenants covering hydro. The lower unit features 3 bedrooms, a full bathroom, and is rented for $2,200/month. With city approval already in place for a third dwelling, this property can now be transformed into a triplex - adding tremendous value and long-term upside. A third hydro meter is already installed, and the seller has paid for professional plans for the third unit, giving the next investor a head start.The home has been fully renovated top-to-bottom, including new kitchens (with quartz countertops & stainless steel appliances), modern bathrooms, flooring, drywall, paint, pot lights throughout, upgraded electrical & plumbing, new basement windows, new interlock, a brand-new driveway that fits up to 9 vehicles, and more. Located just minutes from Highway 174, the upcoming LRT station, Place d'Orleans Mall, and the Ottawa River, this property offers unmatched convenience in one of Orleans' most sought-after areas.Whether you're looking to expand your portfolio, or secure a cash-flowing, future-ready investment, this is the one.
Price $894,999
Taxes: $3,923.24
Occupancy by: Tenant
Address: 882 Balsam Drive , Orleans - Cumberland and Area, K1E 1B5, Ottawa
Directions/Cross Streets: Balsam Dr and Jeanne D'arc blvd
Rooms: 6
Rooms +: 6
Bedrooms: 3
Bedrooms +: 3
Washrooms: 2
Family Room: T
Basement: Finished
Separate Ent
No. of Pieces Level
Washroom 1:  4 Main
Washroom 2:  3 Basement
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  4 Main
Washroom 7:  3 Basement
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  4 Main
Washroom 12:  3 Basement
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  4 Main
Washroom 17:  3 Basement
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Washroom 21:  4 Main
Washroom 22:  3 Basement
Washroom 23:  0
Washroom 24:  0
Washroom 25:  0
Washroom 26:  4 Main
Washroom 27:  3 Basement
Washroom 28:  0
Washroom 29:  0
Washroom 30:  0
Washroom 31:  4 Main
Washroom 32:  3 Basement
Washroom 33:  0
Washroom 34:  0
Washroom 35:  0
Washroom 36:  4 Main
Washroom 37:  3 Basement
Washroom 38:  0
Washroom 39:  0
Washroom 40:  0
Property Type: Duplex
Style: Bungalow
Exterior: Brick
Brick Front
Garage Type: Attached
Drive Parking Spaces: 9
Pool: None
Approximatly Square Footage: 700-1100
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Down payment: $  
Interest Rate: %  
Amortization :  Years
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
AVENUE NORTH REALTY INC.

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