1295 NOTTING HILL AVENUE
Ottawa, Ontario
MLS® X14136124
$789,900
- Status
- Active
- Property type
- House
- MLS® number
- X14136124
- Bedrooms
- 5
- Bathrooms
- 2
- Year built
- —
Listing description
One property, multiple possibilities! Welcome to 1295 Notting Hill Avenue, a versatile investment opportunity in Ottawa's established Ellwood neighbourhood. Whether you're looking to expand your investment portfolio, offset your mortgage with rental income or explore multigenerational living, this property offers plenty of flexibility.
The main-level residence features three bedrooms, a full bathroom, a kitchen and comfortable living space. Downstairs with a separate entrance, the legal secondary dwelling unit offers two additional bedrooms, a full bathroom and its own kitchen. Both units feature separate laundry facilities, providing added convenience and independence for occupants.
Recent improvements, including updated kitchens, provide a solid starting point for the next owner. A covered front porch, and a private fully-fenced backyard offers an excellent space with a large deck for the BBQ and entertaining. Currently fully tenanted and generating $4,250 in monthly rental income ($51,000 annually), with $2,450 from the main level and $1,800 from the lower unit, this property offers an established income stream.
Complete with carport parking and conveniently located near schools, parks, shopping, public transit and everyday amenities along Bank Street and Walkley Road. Rent both units, explore living in one while renting the other, or consider the possibilities for multigenerational living, subject to applicable tenancy requirements. Both units were fully-renovated in 2022 with new Furnace, AC, and HRV, both kitchens, flooring, etc.
An opportunity to invest, add value and make the most of a property with plenty of potential!
Property summary
- MLS® number
- X14136124
- Property type
- Single Family
- Building type
- House
- Title
- Freehold
- Land size
- 56.8 x 89.8 FT
- Annual property taxes
- $5,215.00
- Parking
- 3 spaces · Carport, No Garage
- Days on market
- 5 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning, Air exchanger
- Basement
- Finished, Full, Apartment in basement, Separate entrance, N/A, N/A, N/A
- Appliances
- Washer, Dishwasher, Dryer, Microwave, Hood Fan, Two stoves, Water Heater - Tankless, Water Heater, Two Refrigerators
- Exterior features
- Brick
- Lot features
- In-Law Suite
- Architectural style
- Bungalow
What would this home cost you?
Based on the $789,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of REMAX BOARDWALK REALTY, OTTAWA.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.