Turnkey Investment Opportunity - Semi-Detached Bungalow with SDU! Attention investors! Welcome to 50 Binscarth, a fully tenanted semi-detached bungalow with a legal secondary dwelling unit (SDU) in the basement, generating an impressive $48,000+ in gross annual income and a 6.7% CAP rate! This is a fantastic opportunity to own a cash-flowing property in a prime Kanata location. Located in Glen Cairn, this property is nestled between the amenities of Terry Fox Drive and Eagleson Road, offering easy access to shopping, dining, transit, and top-rated schools. Tenants will love the proximity to parks and green spaces, making this an ideal rental for families and professionals alike.This well-maintained home features two separate units, each with spacious living areas, functional kitchens, and comfortable bedrooms. With both units fully rented, this is a true turnkey investment with strong rental demand. Don't miss this chance to add a high-yield, fully leased property to your portfolio or live in one unit and rent out the other! Contact us today for more details or to schedule a viewing. (id:2493)
Property Type:
Single Family
Common Interest:
Freehold
Property Attached:
Yes
Taxes:
$3,216.28 /
2024
Community:
9003 - Kanata - Glencairn/Hazeldean
Exterior Features:
Brick, Vinyl siding
Structure Type:
House
Appliances Included:
Refrigerator, Dryer, Hood Fan, Two stoves, Two Washers, Water Heater
Data was last updated April 4, 2025 at 06:45 PM (UTC)
Area Statistics
Listings on market:
14
Avg list price:
$639,950
Min list price:
$399,999
Max list price:
$849,000
Avg days on market:
19
Min days on market:
1
Max days on market:
305
These statistics are generated based on the current listing's property type
and located in
9003 - Kanata - Glencairn/Hazeldean. Average values are
derived using median calculations.
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