K2G2Y2 Real Estate

Welcome to the vibrant neighborhood of K2G 2Y2, nestled in the heart of Ottawa, Ontario! This charming area is a hidden gem that offers a perfect blend of urban convenience and suburban tranquility, making it an ideal place for families, young professionals, and retirees alike.

K2G 2Y2 is characterized by its welcoming community atmosphere and diverse population. The streets are lined with beautiful homes, ranging from quaint bungalows to modern townhouses, catering to a variety of lifestyles and preferences. The neighborhood boasts an array of parks and green spaces, perfect for leisurely strolls, picnics, or weekend playdates with the kids. The nearby NCC Greenbelt provides ample opportunities for outdoor enthusiasts to explore hiking trails, bike paths, and nature reserves.

Convenience is key in K2G 2Y2, with easy access to essential amenities. Residents can enjoy a variety of shopping options, including local boutiques, grocery stores, and larger retail centers. The area is also well-served by public transportation, making commuting to downtown Ottawa a breeze.

Educational opportunities abound, with several reputable schools in the vicinity, ensuring that families have access to quality education. Additionally, the community is known for its friendly atmosphere, where neighbors become friends and local events foster a strong sense of belonging.

Whether you're looking to settle down or invest, K2G 2Y2 offers a unique opportunity to experience the best of Ottawa living. Discover your dream home in this delightful neighborhood, where community spirit and convenience come together seamlessly!

$795,000

5 Beds ⋅ 2 Baths ⋅ X13674054 MLS® #

Welcome to 125 Norice St, a beautifully maintained bungalow set on an oversized lot in a highly convenient central location. This is a rare turnkey opportunity that combines strong rental income, immediate cash flow, and outstanding long-term upside. The main-floor unit is bright, inviting, and thoughtfully designed with an open-concept layout that enhances both space and flow. The modern kitchen offers generous cabinetry and workspace, seamlessly connecting to the spacious living room and adjoining dining area-perfect for everyday living or entertaining. Three well-proportioned bedrooms, a full bathroom, and convenient in-unit laundry complete this level. The fully finished lower-level, non-conforming Secondary Dwelling Unit (SDU) features its own private entrance and a well-designed open-concept kitchen, dining, and living area. With comfortable bedrooms, a full bathroom, and separate laundry, this unit is fully self-contained and highly functional. Whether used for rental income, extended family living, or personal flexibility, it offers exceptional versatility. This property is already a proven income generator, producing approximately $4,500 per month in total rental income, with $2,500 from the upper unit and $2,000 from the lower unit. In addition, wide driveway, 2-car separate garage, and strong curb appeal. The expansive oversized lot provides abundant outdoor space and also presents exciting potential for future development or expansion, subject to municipal approvals. Whether you're an investor seeking a reliable cash-flowing asset, a homeowner looking to significantly offset your mortgage, or a buyer in need of a flexible multi-generational setup, 125 Norice St delivers on every level. Located close to schools, parks, shopping, public transit, and everyday amenities, this property offers the perfect blend of comfort, convenience, and investment. Pre-Inspection report available by owner upon request. (id:5764)

125 Norice Street, Ottawa

Listing courtesy of GRAPE VINE REALTY INC..

K2G2Y2 Real Estate

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