978 Admiral Avenue, Carlington - Central Park, ON K1Z 6L9

$599,900
2
BD
2
BA
700
SqFt

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List Price
$599,900
MLS#
X13446582
Status
ACTIVE
Type
Single Family Residential
SubType
Detached
Style
2-Storey
Bedrooms
2
Bathrooms
2
Living Area
700-1100
Province
ON
Municipality
Carlington - Central Park
Area
Ottawa
Neighborhood
5302 - Carlington
Subdivision
Shillington

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.

Additional Information

Taxes
$3,371
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Kitchens
2
Exterior
Vinyl Siding
Garage Type
None
Pool
None
Parking Spaces
2

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Calculator source: Real Geeks

Listing courtesy of PAUL RUSHFORTH REAL ESTATE INC..