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$809,900

29 MARCEL STREET, Russell, Ontario, K0A 1W0

MLS® # X12711420

Russell ON, K0A 1W0

MLS® # X12711420

Property Information:

Welcome to an exceptional and highly cash-flowing investment opportunity at 29 & 29A Marcel Street in the heart of Embrun, offering long term stability and versatility rarely found in today's market. This purpose built property is currently well suited and with long term leases with A++tenants, making it a strong income-generating asset with proven cash flow. The main residence at 29 Marcel Street features approximately 2,596sq ft above grade with 3 spacious bedrooms, 2.5 baths, a large backyard and a bright open concept design filled with natural light, an ideal layout for entertaining, relaxing, and enjoying peace and space. The secondary unit at 29A Marcel Street adds significant rental value with 2 generous bedrooms, a full 4-piece bath, a sun-filled 204 sq ft main-level den, and an additional 1,189 sq ft of livable basement space, offering flexible and highly rentable square footage. With parking for up to 5 vehicles, strong tenant appeal, and excellent layout efficiency, this property stands out as a turnkey, cash flow positive investment. Beautifully located near Ottawa just 30 minutes away, and being close to local coffee shops, restaurants, schools, highways, etc. This is an opportunity that truly does not come too often. Book your viewing today! (id:27)

Building Features:

  • Style: Duplex
  • Building Type: Duplex
  • Amenities: Separate Hydro Meters, Separate Heating Controls
  • Basement Development: Finished
  • Basement Type: N/A, Full, N/A, N/A
  • Exterior Finish: Stone, Vinyl siding
  • Fireplace: Yes
  • Floor Space: 2500 - 3000 sqft
  • Foundation Type: Poured Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Oven - Built-In, Dishwasher, Dryer, Two stoves

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 3+2
  • Bathrooms: 4
  • Half Bathrooms: 1
  • Amenities Nearby: Schools
  • Features:
  • Floor Space (approx): 2500 - 3000 Square Feet
  • Irregular: Yes
  • Lot Depth: 134.8 Feet
  • Lot Frontage: 36 Feet
  • Lot Size: 36 x 134.9 FT
  • Structure Type: Deck
  • Sewer: Sanitary sewer
  • Parking Type: Attached garage, Garage, Inside Entry
  • No. of Parking Spaces: 5

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 29 MARCEL STREET, Russell, Ontario, K0A 1W0

Demographic Information of 29 MARCEL STREET, Russell, Ontario, K0A 1W0

Life Stage

Older Parents, Younger Kids

Employment Type

Mixed

Average Household Income

$143,405.01

Average Number of Children

1.76

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

12.39 %

High school certificate or equivalent

27.89 %

Apprenticeship trade certificate/diploma

8.9 %

College/non-university certificate

28.1 %

University certificate (below bachelor)

0.32 %

University Degree

22.4 %

Commuter

Travel To Work

By Car

91.06 %

By Public Transit

0.0 %

By Walking

1.42 %

By Bicycle

0.0 %

By Other Methods

7.52 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

7.74 %

Houses

92.26 %

Own Vs. Rent