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$995K · 8 bed Triplex · 3602 - Riverview Park, Alta Vista and Area | MyPropertyScout

$995,000

1702 Russell Road

83TenantOccupied

Map

$995,000

A●●○○○DOM44days

1702 Russell Road

Alta Vista and Area · Ontario K1G 0M9

MLS® X13120368 · 3602 - Riverview Park · K1G 0M9

83TenantOccupied2500-3000 ft²TriplexNone44d$362/ft²Lot 52 x 110 ft$6,879 tax/yr

10% below market · regional est. · 44 days on market

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

About this home

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, li…

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Property details

MLS#: X13120368
Status: Conditionally Sold
Beds: 8
Baths: 3 full, 0 half
Size: 2500-3000
Style: 2-Storey
Type: Triplex
Year built: —

Roof: Shingles
Foundation: Block
Other structures: Garden Shed
Property features: Fenced Yard, Public Transit, School, Hospital

Fireplace features: Wood

Garage: None
Garage spaces: 0
Parking: 6 total
Lot: 52 × 110
Heating: Baseboard
Heating fuel: Electric
Cooling: None
Pool: No
Waterfront: No
Exterior: Brick, Vinyl Siding · Deck, Patio
Fronting on: West
Cross street: Industrial Avenue to Russell Road or Smyth Road to Russell Road
Basement: Walk-Out, Apartment
Stories: —
Utilities: —
Laundry: —
Interior: Separate Hydro Meter, Water Heater
Parking features: Lane

Additional listing data

ListAOR: Ottawa Real Estate Board

Rooms

Level	Room	Dimensions
Main	Living Room	3.54m × 6.57m
Main	Kitchen	3.64m × 3.42m
Main	Primary Bedroom	3.6m × 4.12m
Main	Bedroom 2	3.59m × 4.12m
Main	Bedroom 3	3.33m × 3.42m
Main	Bathroom	1.94m × 3.42m
Second	Living Room	3.55m × 6.56m
Second	Kitchen	3.59m × 3.45m
Second	Primary Bedroom	3.58m × 4.07m
Second	Bedroom 2	3.53m × 4.07m
Second	Bedroom 3	3.3m × 3.45m
Second	Bathroom	1.99m × 3.46m
Basement	Kitchen	4.03m × 4.21m
Basement	Living Room	4.88m × 4.24m
Basement	Primary Bedroom	3.55m × 4.2m
Basement	Bedroom 2	3.32m × 3.12m
Basement	Bathroom	1.86m × 3.63m
Basement	Laundry	—

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: ROYAL LEPAGE PERFORMANCE REALTY

Source: TRREB/PROPTX · MLS® X13120368

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$995K

1702 Russell Road · Bryon Bertrim

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Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $995,000✓ $6,879 tax✓ Electric✓ 2500-3000 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$7,588/mo

incl. closing costs (yr 1)

Annual total

$91,051

year 1

Mortgage only

$3,775/mo

principal + interest

Beyond mortgage

$1,990/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$199,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$573/mo

Utilities

Hydro / electricity$358/mo

≈ $0.13/ft² × ~2,750 ft² · incl. electric heat

Heat$0/mo

Electric heat — no gas service · see hydro

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$9,950/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$16,375

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)50% $45,297/yr

Property taxes26% $23,254/yr

Utilities6% $5,850/yr

Insurance & security2% $1,600/yr

Maintenance11% $9,950/yr

Closing costs6% $5,100/yr

Mortgage is 50% of your true cost of ownership. The other 50% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$45,297	$3,775/mo
Government & taxes
Property tax	$6,879	$573/mo
Land transfer tax(closing)	$16,375	$1,365/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$4,290	$358/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$9,950	$829/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$91,051	$7,588/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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1702 Russell Road

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Sales History

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Annual costs