Building
- Construction style attachment
- Detached
- Exterior finish
- Vinyl siding
- Foundation type
- Block
- Stories total
- 2
- Type
- House
- Utility water
- Municipal water
- Ownership
- Freehold
Fully rented and generating immediate cash flow, this turnkey investment property features two self contained 1 bedroom, 1 bathroom units, with Unit A rented for $1,950/month and Unit B rented for $1,800/month, providing stable income from day one. Beautifully renovated and meticulously maintained, this versatile property offers exceptional value and long term potential in one of Ottawa's most connected and sought after neighborhoods. Designed to appeal to today's tenants, both units have been thoughtfully updated, minimizing future maintenance and maximizing rental appeal. Beyond the current income stream, new zoning bylaws may present future development opportunities, making this not only a strong cash flowing asset but also a strategic long term investment. Professionals and healthcare workers are consistently drawn to the unbeatable location, just steps from the Civic Hospital and the iconic Experimental Farm. Commuting is effortless with quick access to Highway 417, while nearby cycling paths and green spaces support an active urban lifestyle. On weekends, tenants can enjoy the vibrant cafés, restaurants, and amenities of Little Italy or spend time along the scenic shores of Dows Lake. Low maintenance, fully tenanted, and positioned in a thriving urban corridor, this is a rare opportunity to acquire a high performing Ottawa investment property with immediate income and future upside. Photos were taken prior to currents tenants. Some photos have been virtually staged. (id:42482)
| Level | Room | Length | Width | Dimensions |
|---|---|---|---|---|
| Second level | Bathroom | 1.08 m | 2.74 m | 1.08 m x 2.74 m |
| Second level | Kitchen | 3.47 m | 3.82 m | 3.47 m x 3.82 m |
| Second level | Living room | 4.69 m | 1.94 m | 4.69 m x 1.94 m |
| Second level | Bedroom 2 | 2.49 m | 4.78 m | 2.49 m x 4.78 m |
| Main level | Bathroom | 2.09 m | 3.22 m | 2.09 m x 3.22 m |
| Main level | Bedroom | 2.92 m | 3.3 m | 2.92 m x 3.3 m |
| Main level | Kitchen | 3.4 m | 4.76 m | 3.4 m x 4.76 m |
| Main level | Living room | 3.37 m | 5.8 m | 3.37 m x 5.8 m |
Illustrative fixed rate, compounded semi-annually, with monthly payments. This calculator uses 20% or more down and excludes mortgage default insurance. Rates and eligibility must be confirmed with your lender.
/mo
Excludes property taxes, home insurance, utilities and closing costs. Unquoted maintenance fees, if applicable, are not included. This is an estimate, not a lender quote.
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