Investment Opportunity -Hard to find 3 unit income building

KNOCK KNOCK- Whose there!- Opportunity Is  Knocking.

This huge 3 unit income property on the corner of Hartington Place and Gilmour St is a property that while requiring some further updating, will only increase in value due to its size and location. Good tenants in place.
With renovated 3 unit buildings selling for over 1.3 million in the area- this will be a good investment for either the pure income investor or the owner live in. Each unit is large and brings in an income of over $50,000 presently.
Main floor apartment is 2 levels with a bedroom and bathroom on the 2nd floor. All units spacious and second floor is fully updated as well as the main floor kitchen. flat roof, windows recently done.
No pictures to respect the tenants privacy. Details to follow showings start April 1st. Call now to book a viewing.

Address: 104 Gilmour St. Priced at $839,000.00

 

 

 

 

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NEW EDINBURGH CONDO- 21 DURHAM PRIVATE

1376 sq.ft at $489.000.00 in the lovely New Edinburgh area near the Governor Generals grounds. 

This low rise condo building is hard to beat for space and location. Part of the exclusive Governors Gate development that is surrounded by mature landscaping and a lovely water pond and waterfall feature .

This main floor garden apartment offers 1347 sq.ft of sun filled  well designed living space. It is the Bedford model and sq. ft does not include terrace sq.ft .

The floor plan allows for a huge entrance way that is an ideal desk or library area . The open living room and dining room has walls of windows , door to the front south facing terrace and good sized for entertaining.

The kitchen while older is 12 x 10 with a window and space for a breakfast table.

A huge master suite with a door to the front terrace a walk in closet and double closet as well as a 6 piece bathroom. There is another bedroom with a 3pc bathroom .

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Urban Living in the Golden Triangle

6 Cornerstone Private- Freehold townhouse

Priced at $524,900.00 OPEN HOUSE THURSDAY APRIL 13TH NOON TILL 1:30

This great town home is just being made to shine, new appliances, freshly painted , new carpet installed so it is ready for a new owner to enjoy. Ideal for the executive couple of single this newly listed town home is part of the exclusive enclave of towns built by Domicile that is just steps to the Canal and easy access to all the best of what the urban lifestyle has to offer and hassle free living.

This town home offers a sun filled open concept main floor accent by hardwood floors and a private terrace off the living space that looks towards the Canal and parkland.

Bike score of 100

Lisgar Collegiate only 5 minutes away and U of Ottawa just over the walking bridge at Somerset – 3 minutes away. Parliament Hill 15 minutes away.

Good sized sunny kitchen with lots of cabinets and counter space as well as  new stainless steel kitchen appliances. A powder room on this level as well. Living room and dining room are combined with hardwood floors and patio doors to the private cedar deck that looks to the Canal Parkland.

The master bedroom is sun flooded and spacious with a wall of clothes cupboards. The second bedroom is also generous in size with a double closet. The main bathroom is lovely and large with a separate shower and soaking tub.

 

There is a laundry closet at the top of the staircase and has a stack-able washer and dryer.

A lower level family room with gas fireplace, offers informal space for a media room or office that can double as a guest room.

Garage is deep (19 ft) with an inside entrance.

Some features not visible: custom  Hunter Douglas window coverings, .central vac and accessories, alarm system, roof 2012, deck 2010-2012,garage floor , shelving, door all updated, gutters and drainpipes replaced 2015, foundation reparged 2014, heating and cooling systems maintained yearly.

 

 

 

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congrats to new owner – sold in the Triangle

Kiss a frog! Sleeping Beauty! but mostly ” Opportunity is Knocking” describes this town home in need of a complete redo.

Part of a Victorian row,  halfway between Elgin  St. and the Canal ,this semi detached home is so much larger than it looks. Good sized rooms that include a large kitchen and 3 bedrooms plus a den .

Being sold “as is” and in need of a complete redo. This is going to be a good buy for the person who wants to renovate to their own style and taste.

Newer windows and possible original pine plank flooring. New water line as well.

Fronts on quiet street and backs onto an even quieter street – halfway between Elgin st and the Canal. Lot 18.70 x 94.87. You could have a garden and still park 2 cars

Priced at $499,900.00

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Getting the house ready.

As a home owner it is always after a snow storm I ask myself  why I would be here in the winter! Why do I live in a home with rooms I visit occasionally! I also always seem to find that in the winter months that there appears to be so much more junk in my home. Where does it all come from! Winter blues? Maybe!  However, as part of the baby boom generation I spend a lot of time with clients of my generation and most at some point ask themselves the same questions . Sitting on  homes that are usually your largest tax free asset may not make sense.

Ottawa’s housing market has been on a terrific run, helped by low interest rates, low supply of good homes l have pushed up home values.  This may be a good time as any for the downsizing baby boomers to  look to add to their nest egg by cashing out on the real estate market. Financial advisers say the decision to sell the family home isn’t one that can be rushed and requires careful planning before you list your home for sale

As experienced real estate agents we can certainly do that . In some cases planning can take months , others mere weeks but hiring an agent who is skilled at helping you through the process of getting a home ready is hugely important not only in obtaining the price you desire but in the minimizing the stress sometimes around getting a home ready for sale. We focus in on the important items and provide guidance.

 

So here we go!  a series of  5 articles about getting your house ready.

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Part 4 Rooms, funiture and bathrooms

‘Staging is preparing a home for sale so the buyer can mentally move in”

Depersonalizing a home has now become essential to creating a welcoming atmosphere for potential buyers’

The internet has changed the way people buy and sell homes and that has made how a home shows more important than ever.

First impressions have always been important and now with U-Tube  videos , internet ads, Facebook , social media   and multiple interior photos on web sites a buyer visits your home  before stepping though the front door. The impression that those photos make are very important and that comes down to what is broadly known as staging.

From cleaning to styling, from fluffing to decluttering, to moving furniture to renting furniture, staging can come in many different forms and levels. Professional stagers and real estate agents can provide you with a number of varied services and advice.

Don’t crowd the Room: Rearrange the furniture. Walk through the house as if you were seeing it for the first time. Can you easily move around the rooms? Can you move from room to room without having to go around furniture? Can you get to and look out windows without furniture blocking the access.  Symmetrical arrangements usually work well in main rooms- create a conversation area and remove oversized furniture from the spaces.

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Think Hotel: When sprucing up a bathroom stay with neutral with color and accents – for a pop of color, a piece of artwork and a small vase of fresh flowers works well. Bathrooms should be spotless with lots of fresh white towels. This includes the master bedroom which should be gender neutral in color so that it appeals to everyone and again free of personal items. Crisp Linens, a nice piece of art work and organized linen closet will appeal to everyone.

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Part 3 Paint colours and Outdoor spaces

5.Tone it down:

Our personal tastes in décor vary greatly however when photos are taken of a home and you have strong colors on the walls what you see is the colors and not the house or room. Highly recommended is choosing to repaint rooms that are richly or boldly colored (especially main rooms) to a more stylish neutral tone and that is not necessarily white.

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Earthy tones and rich mid tone neutrals create a backdrop that makes the rooms look large and inviting without being stark. Even a deep earthy tone can be lovely as long as there is little else in the room to clash with the colour and a good piece of art work to set off the room.

 6. Outdoor spaces:

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Whether you have a yard or a small balcony you want to create an atmosphere that invites a buyer to enjoy the spaces. Decks should be cleaned and stained, Flower pots placed as accents on patios and decks, grass cut and gardens weeded (you don’t want it to look like it is high maintenance ). Play up small spaces with a café table and chairs ( even a place setting) so a buyer sees that  it is a lovely place to have a coffee or a glass of wine”

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Many times a garden extends the indoor space – if you are selling in the summer have the door open so it is easy to walk right out into the terrace or garden.

An easy fix to privacy issues or to disguise items that are not as visually appealing the use of potted cedars , grasses or trees works wonderfully with out spending a fortune.

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Part 2 Cleaning and Closets

HOW MUCH FUN IS THIS!!

4.Cleaning: This is something that is so important.  Most people do not think it is that much fun to do and I found found they are correct in this. Even though we think our homes are clean using a cleaning company just before you go to market or the photo shoot is worthwhile. Photos and video’s take close-ups of such things as taps and flooring so everything should sparkle. Even if a kitchen or bathroom is dated, if it is clean it makes a huge difference in the eyes of a buyer.

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3.Open those closets and cupboards:  Buyers will look in your closets and pull out built in drawers. Closet space is a big selling point for buyers so show your closets off to full advantage  aim to have around a quarter of the space open for the impression of spaciousness.  Not every one has huge closets or California closets but even a small closet can be made to look spacious and useful.

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Part 1 – all the world is a stage!

ALL THE WORLDS A STAGE: part 1- a  series of 10  points for getting ready to go to market .

‘Staging is preparing a home for sale so the buyer can mentally move in”

“Depersonalizing a home has now become essential to creating a welcoming atmosphere for potential buyers’

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The internet has changed the way people buy and sell homes and that has made how a home shows more important than ever.

First impressions have always been important and now with U-Tube  videos , internet ads, Facebook , social media  and multiple interior photos on web sites a buyer visits your home  before stepping though the front door. The impression that those photos make are very important and that comes down to what is broadly known as staging.

From cleaning to styling, from fluffing to decluttering, to moving furniture to renting furniture, staging can come in many different forms and levels. Professional stagers and real estate agents can provide you with a number of varied services and advice.

Sometimes it can overwhelm a homeowner when starting the process but some simple points can help de stress the process.

I am going to mention only  10 points a few at a time that always have remained true with buyers and sellers through the years.

  1. Curb appeal: this is something you always hear but it is amazing how many of us neglect our front entrance. Buyers may do a drive by, you want a good impression. So, paint or stain the front steps, rail, and porches, paint the front door a colour that accents the home, replace old house numbers and mailbox.  A planter of flowers or seasonal decoration is always nice.  A new doormat is nice, It all says “welcome home” to  a buyer and shows pride of ownership.

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2. Clear away Clutter:  “Remember Less is More”:  Counters, tops of furniture, tables, desktops, closets, bookcases should be purged of anything you no longer want and personal items such as family photos and personal collectables should be put away or stored. You can bring all those things back once the house has sold, the idea of space is important in the eyes of a buyer. Furniture can be rearranged to make rooms look larger and pieces removed, or new ones added.

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Sometimes you may have to rent a storage locker for a while but it is worth it. I know that it is “your taste and style’ however you are trying to appeal to as many potential buyers as possible so a clean palette is important for them to see the house properly with their things.  To be continued….

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Part 5 The Basement and Lighting

Part 5 of a 5 part series about getting your home ready for sale

‘Staging is preparing a home for sale so the buyer can mentally move in”

“Depersonalizing a home has now become essential to creating a welcoming atmosphere for potential buyers’

The internet has changed the way people buy and sell homes and that has made how a home shows more important than ever.

First impressions have always been important and now with U-Tube  videos , internet ads, Facebook , social media   and multiple interior photos on web sites a buyer visits your home  before stepping though the front door. The impression that those photos make are very important and that comes down to what is broadly known as staging.

9. The Basement: Purge, Purge, Purge.1. Get rid of anything you no longer want or use.2. Organize the remaining in one area so that the basement walls and floors are visible. Try to have shelving units to organize the items ( they do not have to be fancy – Ikeas /Rona /Home Depot have lots of good items that are very affordable .3.  Make sure that around the electrical, plumbing stack and furnace is easily accessible and visual. 4. Broom clean /vacuum the floor and also highly recommended is to paint the concrete if the area is not finished. 5. Make sure the stairs are solid and easy to access- handrail a must. 6. Get rid of those spider webs from the ceilings and walls of unfinished parts and clean the top of the furnace and hot water tank.  If you have a finished basement remember that if you are /marketing it as a living space then make sure it shows like the rest of the house. The basement is usually the last place a buyer goes and it leaves a lasting impression. Make it a good one._MG_5085images (8)images (7)

10. Lighting:  1. Take advantage of your windows by having them cleaned and keep the drapes or blinds open. 2. Outdated and broken light fixtures can easily and cheaply be replaced and remaining ones should be dusted and cleaned- including exterior lights. 3. Add lamps and supplementary lighting to dark areas or rooms. 4.Make sure the basement is well lit as well . 5.  For showings  have the blinds and drapes open as well as having the lighting on. 6. Kitchen , bathrooms , basement and main hallways should be lit, it makes a big difference. 7. Table lamps  on for the darker spaces. In the summer of course the lights can make the house warm so  air out the house and have the air conditioning  on to keep it fresh .

You are looking to sell a valuable asset and the time spent on getting your home ”Fit to Sell” is worth it.

Stay tuned for “where’s my stuff “and the Life Box to survive selling your home .

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