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$ 599,900
Est. payment | /mo
2 Beds
2 Baths
$ 599,900
Est. payment | /mo
2 Beds
2 Baths
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700-1100
Subdivision 5302 - Carlington
MLS Listing ID X13446582
Style 2-Storey
Bedrooms 2
Annual Tax Amount $3,371
Tax Year 2026
Property Sub-Type Detached
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.
Location
Province ON
County Ottawa
Area Ottawa
Rooms
Family Room No
Basement None
Kitchen 2
Interior
Interior Features None
Cooling None
Fireplace No
Heat Source Electric
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 25.0
Lot Depth 100.0
Total Parking Spaces 2
Building
Foundation Concrete Block
Others
ParcelsYN No
Virtual Tour https://unbranded.youriguide.com/978_admiral_ave_ottawa_on/
Listed by PAUL RUSHFORTH REAL ESTATE INC.
NEARBY SCHOOLS & PROPERTIES