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Home ON Ottawa - Gatineau Russell
384 LIMOGES ROAD
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384 LIMOGES ROAD $949,900
$949,900
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384 LIMOGES ROAD
The Nation, Ontario K0A2M0

MLS® Number: X12230631
5 + 4
Bedrooms
4
Bathrooms
2500 - 3000
Square Feet

Listing Description

Investor alert: Cashflow-Positive 4-Plex with Garage on Oversized Lot in Rapidly Growing Limoges! This income-generating 4-plex sits on an impressive 130 ft x 336 ft lot, offering both immediate returns and long-term potential. Located in the thriving community of Limoges, this property is a rare find with RV3-5 zoning, allowing for a wider range of uses than typical residential zoning in the area.The building includes four self-contained units, each with its own laundry a major bonus for tenants. The main level hosts a spacious 3-bedroom unit with a private deck, alongside a 2-bedroom unit with another deck facing the backyard. The lower level features two additional 2-bedroom units, offering strong rental appeal and functional layouts.Units 1 and 3 are currently vacant, giving flexibility for setting new rents or for owner occupancy. Unit 4 will be vacating at the end of October, opening up more options in the near term.The detached garage is divided into two sections: the front portion is rented month-to-month at $495, complete with its own hydro meter, gas furnace, LED lighting, and garage door opener. The rear portion is used for storage by the owners additional untapped value.Hydro setup includes three meters: one for the garage, and two for the residential portion of the building.Limoges is a growing, commuter-friendly town just minutes from Highway 417, Calypso Waterpark, and Larose Forest. This property is already cashflow-positive, with opportunities to increase income and expand value over time. (40719853)

Location Description

Limoges Road and Savage Street

Property Summary

Property Type
Multi-family
Building Type
Other
Storeys
1
Square Footage
2500 - 3000 sqft
Community Name
616 - Limoges
Land Size
129.9 x 366.8 FT
Annual Property Taxes
$6,330
Parking Type
Detached Garage, Garage
Time on REALTOR.ca
9 days

Building

Bedrooms
Above Grade
5
Below Grade
4
Bathrooms
Total
4
Interior Features
Basement Type
Full (Finished)
Building Features
Foundation Type
Concrete
Architecture Style
Bungalow
Structures
Deck
Heating & Cooling
Heating Type
Baseboard heaters (Electric)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Community Features
School Bus
Parking
Parking Type
Detached Garage, Garage
Total Parking Spaces
16

Measurements

Square Footage
2500 - 3000 sqft

Land

Lot Features
Frontage
129 ft ,10 in
Land Depth
366 ft ,9 in
Other Property Information
Zoning Description
RV3-5
Data provided by: Ottawa Real Estate Board 1826 Woodward Drive, Ottawa, Ontario K2C 0P7

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