391 Greenwood Avenue,Ottawa, ON K2A0X4
Ottawa, ON K2A0X4
Description
Discover an excellent investment opportunity in sought-after Westboro! This all-brick property features three permitted, self-contained two-bedroom residential units, offering an attractive combination of location, rental income, and long-term investment potential. With approximately $81,600 in seller-reported annual gross rental income, the property presents an opportunity for investors seeking an established rental property or owner-occupiers looking to benefit from additional rental income. The building consists of a legal duplex complemented by a permitted basement secondary dwelling unit. The basement suite features a simpler, more functional finish than the upper apartments, adding versatility to the property's rental configuration. Situated on a 49.02' x 66' lot, the property features separate hydro meters, air conditioning, two driveways, coin-operated laundry, a six-camera surveillance system with DVR and a storage shed. Recent reported improvements include heating equipment, windows, electrical and plumbing upgrades, and renovations to the upper apartments. Enjoy a prime Westboro location close to shopping, restaurants, schools, public transit, parks and recreational amenities. An established multi-unit income property in one of Ottawa's most desirable neighbourhoods. Financial and property information available for review. (id:374)
Details
| MLS # | X13812090 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 33 |
| Listing Provided By | INNOVATION REALTY LTD. | Huma Moeed Israr |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 1,500 |
| Basement | Y |
| Story(s) | 2 |
Interior
| Cooling | Central air conditioning |
|---|---|
| Heating | Forced air, Natural gas |
| Appliances | Water Heater |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Carpet Free, Sump Pump |
|---|---|
| Foundation Details | Block |
Parking
| Parking Features | No Garage |
|---|---|
| Parking Total | 6 |
Utilities
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 7620 |
|---|---|
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| City | Ottawa |
| Postal Code | K2A0X4 |
| Listing VS Median (in K2A0X4) | |
Price: $1,199,999 low | high Med: $601,000 sqft: 1,500 low | high Med: 1,500 $ / sqft: $800 low | high Med: $401 On site: 33 low | high Med: 17 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Ottawa |
| Postal Code | K2A0X4 |
| Listing VS Median (in K2A0X4) | |
Price: $1,199,999 low | high Med: $601,000 sqft: 1,500 low | high Med: 1,500 $ / sqft: $800 low | high Med: $401 On site: 33 low | high Med: 17 | |
