Address
978 Admiral Avenue, Ottawa, ON
Price
$ 579,900

Your Agent

Vickie Adam

Sales Representative

343-944-4347


Listing provided by Vickie Adam, Sales Representative, REMAX Boardwalk

Property Attributes
  • ID#X13666060
  • TypeSingle Family
  • Listing Status Active
  • MunicipalityOttawa
  • CityOttawa
  • Area5302 - Carlington
  • Neighbourhood5302 - Carlington
  • Postal CodeK1Z 6L9
  • Style
  • Price$ 579,900
  • Bedrooms2
  • Bathrooms2
  • Half Bathrooms0
Data Source:
Canadian Real Estate Association (CREA)
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:7434)

General Features

Property Type Single Family
CommunityName 5302 - Carlington
Building Appliances Dishwasher, Dryer, Hood Fan, Microwave, Two stoves, Two Washers, Two Refrigerators
Building Cooling Type None
Location Description Cross Streets: Shillington. ** Directions: Parkdale Ave, right on Sherwood Dr. Left on Holland Ave, right on Shillington Ave, right on Admiral Ave.
Parking Space Total 2
Foundation Type Block
Building Type House
Ownership Type Freehold
Building.StoriesTotal 2

Interior Features

Building Fireplace Present False
Building Heating Type Baseboard heaters
Building Heating Fuel Electric
Basement Type None
Construction Style Attachment Detached
Living Area Range 700
Bedrooms 2

Exterior Features

Sewer Sanitary sewer
Exterior Finish Vinyl siding

Room Details

Room Dimensions Level Flooring Details
Bathroom 2.09 m x 3.22 m Main level 3.22 m
Bedroom 2.92 m x 3.3 m Main level 3.3 m
Bedroom 2 2.49 m x 4.78 m Second level 4.78 m
Kitchen 3.4 m x 4.76 m Main level 4.76 m
Living room 3.37 m x 5.8 m Main level 5.8 m

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in K1Z 6L9

Price
AVG $580K
$580K

Your Agent

Vickie Adam

Sales Representative

343-944-4347


Listing provided by Vickie Adam, Sales Representative, REMAX Boardwalk

Listed By
PAUL RUSHFORTH REAL ESTATE INC.