1007 Blair Rd

Beacon Hill North - South and Area | 2106 - Cardinal Heights | K1J 7M9
  • 4
  • 2
  • 0

$1,199,900

Est. Mtg $4,068 /mo
  • Days on market

    82

  • Status

    New

Listing Broker ENGEL & VOLKERS OTTAWA
Since listed: 1 views

Home details

MLS #:

X11974621

Property type:
Detached
Style:
Bungalow
Taxes:
$4,748
Possession:
Lot Front:
60.0   Feet
Lot Depth:
262.98   Feet
Basement:
Finished |
Driveway Pkg:
10
Heat:
Gas | Forced Air

Description


1007 Blair Rd, , Beacon Hill North - South and Area, Ontario is a Detached property in Beacon Hill North - South and Area and in the 2106 - Cardinal Heights community in the K1J 7M9 postal code


Discover a rare investment opportunity with this versatile property, currently generating steady rental income while offering significant potential for future development. Situated in a desirable location, this property is already a lucrative rental, bringing in $4,000 per month, ensuring immediate cash flow for investors. However, the true value lies in its untapped potentialthe lot extends an additional 50 feet beyond the existing fence, presenting a unique opportunity for expansion or redevelopment.The current structure is a well-maintained rental property, appealing to long-term tenants and providing a reliable income stream. With its spacious layout and modern amenities, it attracts high-quality tenants, making it a low-maintenance investment for those looking for passive income. The propertys location is ideal, close to essential amenities, schools, transportation hubs, and thriving commercial areas, ensuring consistent demand in the rental market.What sets this property apart is its development potential. The additional 50 feet of land beyond the fence opens the door to a variety of possibilities. Whether youre considering expanding the existing structure, building additional units, or creating a mixed-use development, this property offers the flexibility to maximize your investment. The area is ripe for growth, with increasing demand for housing and commercial spaces, making it an ideal time to capitalize on this opportunity.For investors looking to diversify their portfolio, this property offers the best of both worlds: immediate rental income and long-term appreciation through development. Whether youre a seasoned developer or a first-time investor, this property is a standout opportunity to build equity and generate substantial returns. Dont miss out on this chance to own a property with proven income potential and exciting future prospects. Schedule a viewing today and explore the possibilities!.

Extras

.


History

Sign in for full access
List Date End Date List Price End Price Status MLS #
2025-02 2025-02 $1,199,900 $1,199,900 New X11974621

Comparables

Sign in for full access
sold Date Address List Price sold Price DOM
2024-11 11 APPLEFORD St, $652,400 $630,000 24
2024-07 11 APPLEFORD St, $649,900 $649,900 5
2024-01 16 STEEL St, $739,000 $723,500 16

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity Detached

Sale activity

Beacon Hill North - South and Area :

Properties sold
Average sale price
New Listings
Year on Year Growth

Municipality activity All Property Types

Sale activity

Beacon Hill North - South and Area :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 1007 Blair Rd

Based on available 3rd party data

$4599

Approximate costs per month

Mortgage
$4068 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$395 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker ENGEL & VOLKERS OTTAWA
Data Source: TRREB

Payment calculator

$4464 monthly. In association with: TD Bank
%
  • Principal and Interest
    4068 /mo
  • Property Taxes
    $395 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Jim Millis, Realtor

Similar properties you may like