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391 Greenwood Avenue Ottawa, Ontario K2A 0X4

6 Bedroom 3 Bathroom 2,000 - 2,500 ft2
Central Air Conditioning Forced Air

$1,260,000

Welcome to this fully updated legal duplex with a permitted basement Secondary dwelling unit in the heart of Westboro of Ottawas most desirable neighbourhoods. Sitting on a wide 49' lot, this income-generating property features three spacious 2-bed/1-bath units, each with its own private driveway. With over $150K in recent renovations, including a luxury main-floor upgrade, excavated and structurally reinforced basement, and renovated second floor, this is a rare opportunity to own a low-maintenance, high-return asset. Steps from top schools, parks, trendy shops, westboro beach and transit, its ideal for savvy investors or multi-generational living. Fully tenanted with strong cash flow and a solid 5.2% cap rate, this is Westboro real estate done right. 2021 investments incl. luxuriously renovated Unit 1, improved entrance/common space, re-styled driveways & manicured grounds. Basement professionally excavated to increase ceiling height and reinforced with a structural buttress wall. All work completed with permits and inspections on file. Legal lower-level unit offers strong rental income potential, an excellent investment with lasting value. 2nd floor renovations (2024) new carpet on stairs ( 2024) electrical & plumbing (2023) , 3 new windows in the basement (2023). windows, roof )2019). Operionnal Surveillance system in the building ( 6 Cameras with DVR) included. shed included. Appealing cash flow, 3 meters; gas furnace, c/air, 2 hot water tanks, hardwood, vinyl windows throughout. Ideal for investors or seeking future multi-generational residence. All units currently tenanted. Shared coin laundry ( additional income ) Rents: Apt #1: $2250/m + hydro, Apt #2: 2150/m + hydro, Apt B: $2000/m . Exceptional opportunity in Ottawa's hottest neighbourhood! Set showing schedule +24hrs notice., Flooring: Hardwood, Flooring: Other (See Remarks) (id:37351)

Property Details

MLS® Number X9515687
Property Type Multi-family
Neigbourhood Westboro
Community Name 5105 - Laurentianview
AmenitiesNearBy Public Transit, Park
ParkingSpaceTotal 6
Structure Deck

Building

BathroomTotal 3
BedroomsAboveGround 6
BedroomsTotal 6
BasementDevelopment Finished
BasementType Full (finished)
CoolingType Central Air Conditioning
ExteriorFinish Brick
FoundationType Block
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 2,000 - 2,500 Ft2
Type Duplex
UtilityWater Municipal Water

Land

Acreage No
FenceType Fenced Yard
LandAmenities Public Transit, Park
Sewer Sanitary Sewer
SizeDepth 66 Ft
SizeFrontage 49 Ft
SizeIrregular 49 X 66 Ft ; 0
SizeTotalText 49 X 66 Ft ; 0
ZoningDescription Rs3

https://www.realtor.ca/real-estate/26943056/391-greenwood-avenue-ottawa-5105-laurentianview

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Huma Moeed Israr
Salesperson

(613) 413-6266

Innovation Realty Ltd.
8221 Campeau Drive Unit B
Kanata, Ontario K2T 0A2

(613) 755-2278
(613) 755-2279
www.innovationrealty.ca/

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