882 BALSAM DRIVE
$894,999
882 Balsam Drive just became an even greater opportunity – now city-approved for a third unit! This newly renovated, turn-key legal duplex in the heart of Orleans sits on an impressive 65′ x 150′ lot, offering the perfect blend of strong cash flow, modern upgrades, and future development potential.Originally a single-family bungalow, the property has been expertly converted into two self-contained units with separate entrances and hydro meters. The main level offers 3 spacious bedrooms, a full bathroom, and access to an attached garage – currently rented for $2,550/month, with tenants covering all utilities except heating. The lower unit features 3 bedrooms, a full bathroom, and is rented for $2,200/month, with tenants covering all utilities.With city approval already in place for a third dwelling, this property can now be transformed into a triplex – adding tremendous value and long-term upside. A third hydro meter is already installed, and the seller has paid for professional plans for the third unit, giving the next investor a head start.The home has been fully renovated top-to-bottom, including new kitchens (with quartz countertops & stainless steel appliances), modern bathrooms, flooring, drywall, paint, pot lights throughout, upgraded electrical & plumbing, new basement windows, new interlock, a brand-new driveway that fits up to 9 vehicles, and more. Located just minutes from Highway 174, the upcoming LRT station, Place d’Orleans Mall, and the Ottawa River, this property offers unmatched convenience in one of Orleans’ most sought-after areas.Whether you’re looking to expand your portfolio, or secure a cash-flowing, future-ready investment, this is the one. (id:13118)
Essential Information
- Price:
- $894,999
- Year Built:
- -
- Total Bedrooms:
- 6
- Total Bathrooms:
- 2
- Half Baths:
- -
- Property Type:
- Single Family
- Basement:
- N/A (Finished), N/A, Full
- Transaction:
- For sale
Property Specifications
- Parking Spaces:
- 10
- Maintenance Fees:
- Heating:
- Forced air
- Cooling:
- Central air conditioning
- Fireplace Type:
- -
Listing Details
- Last Updated:
- Oct 25, 2025
- Listing Office:
- AVENUE NORTH REALTY INC.