882 BALSAM DRIVE

$894,999

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Single Family
$894,999
3+3 Bedrooms
2 Bathrooms
10 Parking Spaces

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.

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