$899,900
FOR SALE

Duplex

Bedrooms: 3+2Bathrooms: 4Lot: 36 x 134.83 ft

29 Marcel Street
Russell, ON K0A 1W0

Fantastic Investment Opportunity in Embrun! This recently built duplex offers excellent income potential and long-term security, with both units rented on five-year leases until April 1st, 2029. Conveniently located in a desirable neighborhood, this property is well-maintained and fully tenanted, making it a hassle-free addition to any portfolio. The upper unit features a bright, open-concept kitchen and dining area with a patio door leading to a large deck. The spacious living room is filled with natural light from its large windows. This unit includes three bedrooms, two and a half bathrooms, and an oversized laundry room on the 2nd floor. The lower unit has its own private side entrance with large foyer and offers two bedrooms plus a den, a full bathroom with seperate laundry, and an open-concept kitchen, dining, and living area. Despite being a lower unit, it feels bright and welcoming thanks to large windows that bring in plenty of natural light. The property includes separate utilities for each unit, with two furnaces, two HRVs, two rented hot water tanks, and individual gas and hydro meters. Tenants are responsible for their own heating and hydro, while the landlord covers water expenses up to $100 per month. The upper unit, located at 29 Marcel, is currently rented for $2,850 per month, while the lower unit, 29A Marcel, rents for $2,200 per month. Both units are in excellent condition and are well cared for by reliable tenants, providing peace of mind for the next owner. With secure leases in place, modern finishes throughout, and a prime location in a growing community, this duplex is a smart investment with strong cash flow potential. Dont miss out on this incredible opportunity! (id:47421)
Share
Listed By LOCKE REAL ESTATE INC.
Data Provided By Ottawa Real Estate Board
MLS® Listing Number X11922144
Last Updated Feb 19, 2025
Property Summary
Property Type Duplex

More like this:
Community 602 - Embrun
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Bedrooms 3+2
Bathrooms 4
Lot 36 x 134.83 ft
Amenities Nearby Park
Features In-Law Suite
Listing Contract Date 2025-01-14
Location Description From Hwy 417 take exit 88, Embrun. Head south on St. Guillaume. Turn left on Notre Dame. Turn left on Blais St, left on Marcel.
# of Parking Spaces 5
Property Type Single Family
Structures Deck
Transaction Type For sale
Building
Amenities Fireplace(s), Separate Heating Controls, Separate Electricity Meters
Appliances Garage door opener remote(s), Water Heater - Tankless, Dishwasher, Dryer, Garage door opener, Hood Fan, Refrigerator, Two stoves, Two Washers
Basement Features Apartment in basement, Separate entrance
Basement Type N/A
Cooling Type Central air conditioning, Air exchanger
Exterior Finish Stone, Vinyl siding
Fireplace Present Yes
# of Fireplaces 2
Foundation Type Poured Concrete
# of Half Bathrooms 1
Heating Fuel Natural gas
Heating Type Forced air
Stories Total 2
Type Duplex
Utility Water Municipal water
Parking Spaces
Name Spaces
Attached Garage
Utilities
Type Description
SewerInstalled
Land
Total Size 36.03 x 134.91 FT
Amenities Park
Sewer Sanitary sewer
Size of Irregular Land 36.03 x 134.91 FT

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

FREE ESTIMATES ARE COMING

Reserve Your Spot To Be Notified
or

Coming soon to select cities
in North America

(We'll never share your details)