1226 Old Carp Road

Introducing a remarkable investment opportunity: a Multi-Family Home for sale in Kanata , located at 1226 Old Carp Road, Kanata. This impressive property, situated in the desirable community of 9008 - Kanata - Morgan's Grant/South March, is a bungalow-raised multiplex that boasts a wealth of features tailored for both investors and savvy buyers alike.

The property encompasses a generous lot measuring 100 x 150 feet, providing ample space for outdoor activities and family gatherings. The exterior of the home is clad in durable vinyl siding, complemented by a concrete foundation, ensuring both longevity and low maintenance. As you approach the property, you will be greeted by a large driveway that accommodates up to ten vehicles, a rare find in this area, making it ideal for families or tenants with multiple cars.

This Multi-Family Home for sale in Kanata features a total of twelve rooms, including four well-appointed bedrooms and two versatile dens, perfect for home offices or additional living spaces. With three bathrooms, there is no shortage of convenience for residents. The property is equipped with two kitchens, allowing for the seamless operation of the three separate dwellings, each featuring two bedrooms and one bathroom, along with their own separate kitchens and laundry facilities. This thoughtful layout is perfect for generating rental income, with a gross rental potential exceeding £60,000 per year, including utilities.

While the property does not include a pool, it compensates with a deep, fenced backyard that is ideal for families and pet lovers. The outdoor space provides a safe environment for children to play and for pets to roam freely. Additionally, the absence of a central vacuum system and air conditioning allows for a straightforward maintenance approach, keeping costs low for the owner.

Inside, the home features a cosy family room, complete with a fireplace that adds warmth and character to the living space. The heating is provided by a radiant system, ensuring a comfortable atmosphere during the colder months. The property is unfurnished, allowing new owners to personalise the space to their taste.

Another noteworthy aspect of this Multi-Family Home for sale in Kanata is the separate entrance leading to the basement apartment. This additional living space can serve as a rental unit or as an in-law suite, further enhancing the property’s versatility and income potential. The basement apartment is a valuable feature that adds to the overall appeal of this investment opportunity.

Located at 1226 Old Carp Road, Kanata, this property is ideally situated just steps away from top-rated schools, parks, and recreational facilities. The proximity to shopping centres and public transit makes it an attractive option for tenants and families alike. Moreover, the short drive to Highway 417 provides easy access to the wider Ottawa area, enhancing the convenience of daily commutes.

This Multi-Family Home for sale in Kanata presents a low-maintenance investment opportunity with significant room for improvement. With the potential to convert the property to a triple net lease structure, investors can look forward to increased cash flow and a solid return on investment. The property’s age, ranging from 51 to 99 years, adds character and charm, while the modernisation of all units ensures that they are well-maintained and appealing to prospective tenants.

In conclusion, 1226 Old Carp Road, Kanata, is a rare find in the expanding Morgan's Grant community. With its array of features, including multiple dwellings, ample parking, and a prime location, this Multi-Family Home for sale in Kanata is an exceptional opportunity for those looking to invest in a property that promises both immediate and long-term benefits. Don’t miss your chance to own this outstanding investment!

The 9008 - Kanata - Morgan's Grant/South March area in Kanata is a vibrant and picturesque neighbourhood that beautifully blends suburban charm with modern amenities. Nestled amidst lush green spaces and scenic parks, this community offers a tranquil environment ideal for families and outdoor enthusiasts alike. Residents enjoy easy access to a variety of shopping centres, dining options, and recreational facilities, ensuring that all daily needs are conveniently met. The area is well-connected by public transport and major roadways, making commuting to downtown Ottawa a breeze. With its friendly atmosphere, excellent schools, and a strong sense of community, 9008 - Kanata - Morgan's Grant/South March is a delightful place to call home.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an excellent choice for families. The closest is Jack Donohue Public School, just 0.2 km away, offering grades JK to 6 in both English and French, with a solid school rating of 7.3. Another nearby option is South March Public School, located 1.5 km from the property, also serving grades JK to 6, but with a focus on French language instruction and a rating of 6.5. For older students, St. Isidore School, a Catholic institution 1.4 km away, provides education from JK to 6 with an impressive rating of 7.4. Additionally, All Saints Catholic High School, situated 3.9 km from the property, caters to grades 7 to 12 and boasts a strong rating of 8.4. The diverse educational options, including both public and Catholic schools, along with varying language programs, ensure that families can find the right fit for their children's educational needs. Overall, this area offers a supportive and quality educational environment for young learners.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 717 residents, characterized by an average household size of 3.4 individuals. The demographic profile reveals a relatively young community, with an average age of 34.6 years. The average household income is notably high at $156,000, with only 4% of the population classified as low-income. The housing market reflects this affluence, with an average property price of $730,000. A significant portion of the population, 39.09%, is single, while a substantial 70.27% of households have children, indicating a family-oriented environment. The area is also diverse, with 41.13% of residents being immigrants. The rental market is minimal, with only 11.63% of households renting, and there are no condominiums in the vicinity. Education levels are impressive, as 70.09% of the population holds a college or university degree. However, it's worth noting that 27.1% of residents are not in the labor force, which may reflect a variety of factors including education pursuits or family responsibilities. Overall, this community presents a blend of youthful energy, family dynamics, and economic stability, making it an appealing location for prospective buyers.