978 ADMIRAL AVENUE, Ottawa
- House
- 2-car parking
- Ottawa location
Ask Peter Sagos | REALTOR® about this property
About This Property
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:67440)
Property Details
Building & Features
Building
- Building type
- House
- Storeys
- 2
- Exterior
- Vinyl siding
- Foundation
- Block
Interior
- Basement
- None
- Bedrooms above grade
- 2
- Heating
- Baseboard heaters, Electric
- Cooling
- None
- Fireplace
- No
- Appliances
- Dishwasher, Dryer, Microwave, Hood Fan, Two stoves, Two Washers, Two Refrigerators
Parking
- Garage and parking
- No Garage
Lot and land
- Lot dimensions
- 25 x 100 FT
- Frontage
- 25 ft
- Water
- Municipal water
- Sewer
- Sanitary sewer
Ownership and fees
- Ownership
- Freehold
Location
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