135 Glamorgan Drive

Introducing a remarkable opportunity: a Multi-Family Home for sale in Kanata , located at 135 Glamorgan Drive, Kanata. This semi-detached bungalow-style property is a true gem, offering an ideal investment for those seeking both a residence and a source of rental income. With its prime location in the community of 9003 - Kanata - Glencairn/Hazeldean, this property boasts two distinct units, making it a versatile choice for families or investors alike.

The property features a well-designed layout, comprising a total of seven rooms. The upper unit includes an open kitchen that seamlessly flows into the living area, creating a spacious and inviting atmosphere. This unit is equipped with two comfortable bedrooms and a bathroom, along with an additional separate entrance, enhancing privacy and accessibility. The lower unit, situated in the finished basement, mirrors the upper unit's layout with its own two bedrooms and bathroom. Upon entering, you will find a kitchen that opens to a bright living room, adorned with large windows that allow natural light to flood the space.

This Multi-Family Home for sale in Kanata is fully rented, providing a current gross income of £46,200 per year. With operating expenses amounting to a mere £9,065 (excluding maintenance and management), the net operating income stands at an impressive £37,135. This financial performance underscores the property's potential as an investment opportunity. Both units were meticulously renovated in 2017, ensuring that they meet modern standards and appeal to prospective tenants.

At 135 Glamorgan Drive, Kanata, you will appreciate the convenience of separate meters for heating, air conditioning, and hydro for each unit. The property is equipped with central air conditioning, ensuring comfort throughout the year. The landlord is responsible for water and sewer costs, insurance, and property taxes, which are projected to be £3,150 in 2024. Both units also share a common laundry room, adding to the practicality of this Multi-Family Home for sale in Kanata.

Parking is a breeze with a private double driveway that accommodates up to four vehicles, making it ideal for tenants and guests alike. The lot measures an ample 49 by 112 feet, providing enough outdoor space without the burden of additional land maintenance. Notably, there is no garage space, but the private driveway more than compensates for this, offering easy access for residents.

This property is unfurnished, allowing new owners to personalise the space to their taste. It is important to note that there is no central vacuum system or fireplace, but the absence of these features does not detract from the overall appeal of the home. Instead, the focus remains on the functionality and investment potential that this Multi-Family Home for sale in Kanata presents.

For those considering the prospect of living in one unit while renting out the other, this property offers a fantastic solution to help offset mortgage costs. The opportunity to own a freehold property, combined with the substantial rental income, makes this an attractive proposition for both first-time buyers and seasoned investors.

In conclusion, 135 Glamorgan Drive, Kanata, is a Multi-Family Home for sale in Kanata that embodies both comfort and financial viability. With its dual-unit configuration, modern renovations, and strategic location within the community, it is a property that should not be overlooked. Whether you are looking to invest or seeking a home that can generate income, this property stands out as a remarkable choice. Don’t miss out on this exceptional opportunity—contact us today to learn more!

The 9003 Kanata - Glencairn/Hazeldean area in the city of Kanata offers a delightful blend of suburban charm and modern convenience. Nestled amidst lush greenery and picturesque parks, this community boasts a variety of residential options, from family homes to townhouses, catering to diverse lifestyles. The neighbourhood is well-served by local amenities, including shopping centres, schools, and recreational facilities, ensuring that residents have everything they need within easy reach. With excellent transport links to Ottawa and a strong sense of community spirit, 9003 Kanata - Glencairn/Hazeldean is an ideal location for those seeking a peaceful yet vibrant place to call home.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within just 0.5 km, you will find John Young Elementary School, which offers both English and French instruction for grades JK to 6, boasting a school rating of 5.2. Another nearby option is St. Martin De Porres School, located 0.9 km away, providing a Catholic education for grades JK to 6, with a higher rating of 6.1. For older students, A.Y. Jackson Secondary School is situated 1.2 km from the property, offering grades 9 to 12 and a commendable rating of 7.5. Additionally, Holy Trinity Catholic High School, located 3.1 km away, serves grades 7 to 12 and has an impressive rating of 8.1. While Glen Cairn Public School is also in the vicinity, it has a rating of 0, indicating a need for improvement. Overall, the area provides a range of educational options across various school types, ensuring that families have access to quality education within a short distance from their home.