392 Fullerton Avenue

Property facts

Price

$620,000

Type

Semi-detached

Bedrooms

3

Bathrooms

2

MLS®

X14116198

Status

active

Brokerage

ENGEL & VOLKERS OTTAWA

About this home

Welcome to a home that offers the perfect blend of comfortable living and income potential! Whether you're looking for a place to call home, an opportunity to offset your mortgage with rental income, or a smart addition to your investment portfolio, this property offers the flexibility to do it all. The lower unit is currently rented below market for the area, leaving room to grow on turnover. Enjoy the flexibility of making the upper unit your own while the lower unit provides rental income to help offset your monthly expenses or rent out both units for a great investment opportunity. The bright upper unit offers hardwood floors, an open-concept living/dining area, a white kitchen with stainless steel appliances and breakfast-bar peninsula, three bedrooms, a 4 piece bath, in unit stacked laundry, and walk-out access to a raised deck. The lower unit has an open kitchen and living area, its own laundry, and storage. Separate entrances and laundry keep the units fully independent, a big draw for quality tenants. The large, fenced backyard has mature trees and a storage shed. You're close to Riverain Park, the Rideau River pathways, the Adawe Crossing to Sandy Hill, 10m to downtown, schools and shops, with bus and O-Train access at St. Laurent and quick access to the 417. Two independent units and income in place, 392 Fullerton is a smart buy for investors or first time buyers looking to house hack in one of Ottawa's emerging neighbourhoods.

Location