978 ADMIRAL AVENUE, Ottawa, ON K1Z6L9
978 ADMIRAL AVENUE, Ottawa, ON K1Z6L9
978 ADMIRAL AVENUE, Ottawa, ON K1Z6L9
978 ADMIRAL AVENUE, Ottawa, ON K1Z6L9
978 ADMIRAL AVENUE, Ottawa, ON K1Z6L9
978 ADMIRAL AVENUE, Ottawa, ON K1Z6L9
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$ 599,900
Est. payment | /mo

2 Beds

2 Baths

700 SqFt


$ 599,900
Est. payment | /mo

2 Beds

2 Baths

700 SqFt

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 700 - 1100

Square Footage 700 sqft

Price per Sqft $857

Subdivision 5302 - Carlington

MLS® Listing ID X13446582

Bedrooms 2

Property Sub-Type Freehold

Property Description

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:24570)

Location

Province ON

Rooms

Kitchen 2.0

Extra Room 1 Second level 1.08 m X 2.74 m Bathroom

Extra Room 2 Second level 3.47 m X 3.82 m Kitchen

Extra Room 3 Second level 4.69 m X 1.94 m Living room

Extra Room 4 Second level 2.49 m X 4.78 m Bedroom 2

Extra Room 5 Main level 2.09 m X 3.22 m Bathroom

Extra Room 6 Main level 2.92 m X 3.3 m Bedroom

Interior

Heating Baseboard heaters

Cooling None

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 2

Garage No

Private Pool No

Building

Story 2

Sewer Sanitary sewer

Others

Ownership Freehold

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Listed by PAUL RUSHFORTH REAL ESTATE INC.

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Sanjeev Srivastava
Sanjeev Srivastava

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+1(613) 298-9035 | info@perfecthomeswithsanjeev.com

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978 ADMIRAL AVENUE