Kanata - 9003 - Kanata - Glencairn/Hazeldean
Kanata - 9003 - Kanata - Glencairn/Hazeldean
Sold For$967,000
Listed For $800,000
Sold Jan 2022
Flooring: Tile, Flooring: Vinyl, TURN KEY investment with a 7% CAP RATE and up to $2,320 monthly CASH FLOW. Welcome to 110 Old Colony Road, an incredible 8 bed 7.5 bath legal two-unit property with stunning cash flow. Fully renovated incl. brand new 2nd unit, 2 new kitchens & 7.5 new bathrooms. Primary unit: 2 floors, open concept, 5 beds, 4 baths incl. 3 ensuite w/ high end glass door showers. Second unit: 2 floors, 3 bed, 3.5 bath incl. 3 ensuite w/ glass showers, sep. entrance & hydro. 3 investment options: Unit rental, room rental, or Airbnb. With 6 of 8 beds having private baths, Airbnb income would be sky-high. If instead you choose long-term room rental: approx. $5,500 per month, 7% cap rate, $55,000 NOI, $2320 monthly cash flow after finance. Rented by unit on long-term leases: app
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* Values are estimates only and not a guarantee of lending or affordability.