1702 Russell Road

About This Property

Purpose-Built Multi-Family in a Prime Location! Ideal as a multi-generational home. A property you can easily envision calling home while generating income. This well-maintained brick home offers two spacious 3-bedroom units (approx 1000 sqft each) and one bright 2-bedroom basement (865 sqft) apartment with walkout basement to backyard. Renovations completed in 2023- Apartments 1 and 2 include - IKEA kitchens including sink, faucets, countertop and backsplash tile, vinyl flooring in hallways, living/dining room, newer appliances and vanity in bathroom; Apt B - bathroom vanity. Tenants pay their own heat/hydro. The basement and second-floor apartments share a common laundry room, while Apartment 1 features a convenient in-unit stackable washer and dryer in the bathroom. Each unit is well divided, bright, and generously sized ideal for tenants or owner-occupiers alike. The 3 apartments feature eat-in kitchens, plus Apt #1 and #2 have option of a large living room area or combined living/dining room. Apt#1 and #2 have identical layouts. Roof 2005 with 25 year shingles. 3 Hydro Meters. Updated windows about 15 years ago. Large backyard 52' x 110' with interlock patio. An investment opportunity live in one unit and collect income from the others. Located within walking distance to Elmvale Acres Shopping Mall, and close to The Perley, CHEO, The Ottawa General Hospital, schools, and Trainyards. 24 hour notice for showings. Vacant possession will be provided for Basement apartment. Apartment 1 is on month-to-month. Apartment 2 rented until May 31, 2027. Some photos have been virtually edited.