Prime Civic Hospital Investment - Projected 4.8% Cap RateUnder Construction - Completion November 2025A rare opportunity to own a new, brownstone-inspired duplex in Ottawa's prestigious Civic Hospital neighbourhood, steps from the city's top healthcare employers, Little Italy, and Dow's Lake.This property is purpose-built for high rental demand and low maintenance ownership.Property Overview:Unit 1: 3-bed, 3-floor duplex - townhouse-style layout with classic curb appealUnit 2: 1-bed, 1-bath raised basement suite (602 sq. ft.)Tenants pay all utilities - streamlined operating costsProjected cap rate: ~4.8% (buyers to verify financials)Highlights:Stylish brownstone façade & modern interior finishesSteps to The Ottawa Hospital (Civic Campus), Carleton University, and transitIdeal for medical professionals or savvy investors seeking steady rental incomeSurrounded by cafes, parks, and the scenic Rideau CanalInvestment Advantage:Quality design, prime location, and a strong professional tenant pool combine to deliver attractive, reliable returns in one of Ottawa's most desirable, walkable areas. (id:37351)
| MLS® Number | X12479647 |
| Property Type | Multi-family |
| Community Name | 4504 - Civic Hospital |
| BathroomTotal | 4 |
| BedroomsAboveGround | 3 |
| BedroomsBelowGround | 1 |
| BedroomsTotal | 4 |
| Age | New Building |
| Amenities | Separate Electricity Meters |
| BasementFeatures | Apartment In Basement |
| BasementType | N/a |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Brick Facing, Vinyl Siding |
| FoundationType | Poured Concrete |
| HalfBathTotal | 1 |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 3 |
| SizeInterior | 1,500 - 2,000 Ft2 |
| Type | Duplex |
| UtilityWater | Municipal Water |
| No Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 58.37 M |
| SizeFrontage | 22.97 M |
| SizeIrregular | 23 X 58.4 M |
| SizeTotalText | 23 X 58.4 M |
| ZoningDescription | R$ |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Lower Level | Living Room | 4.14 m | 3.1 m | 4.14 m x 3.1 m |
| Lower Level | Kitchen | 2.2 m | 3 m | 2.2 m x 3 m |
| Lower Level | Primary Bedroom | 3.3 m | 3.1 m | 3.3 m x 3.1 m |
| Lower Level | Bathroom | 2.2 m | 1.7 m | 2.2 m x 1.7 m |
| Lower Level | Utility Room | 1.6 m | 1 m | 1.6 m x 1 m |
https://www.realtor.ca/real-estate/29027170/9-gwynne-avenue-ottawa-4504-civic-hospital
Contact us for more information
Caroline Risi
Salesperson
(613) 829-1818
royallepageintegrity.ca/