378 ENFIELD AVENUE
Ottawa, Ontario
MLS® X13504376
$655,000
- Status
- Active
- Property type
- House
- MLS® number
- X13504376
- Bedrooms
- 7
- Bathrooms
- 4
- Year built
- —
1 / 30Listing description
Welcome to 378 Enfield - a true cash-cow investment property with absolutely positive cash flow! CAP RATE: 7. 50% Located in an R2L zoning area, this property offers exceptional development potential.
With further design, it can be redeveloped into a multi-unit apartment building from 6 units. Currently generating a gross monthly income of approximately $5,750, detailed cashflow and expense form ready for reference for serious buyer. This property is fully managed by a professional property manager that has been handling all day-to-day operations smoothly - zero hassles for the owner.
Completely renovated in 2023-2024, the home showcases upgraded plumbing, electrical, and HVAC systems, along with new insulation, fresh paint, and brand-new windows and doors throughout. Walking distance to Green & Fresh, Loblaws supermarket, Bus stations, RCMP headquarter, Canadian Cyber security center, around 2km to Ottawa University and one bus to Carleton University and surrounded by lots other amenities. This turnkey investment has been successfully operating for the past two years - a rare opportunity to own a high-performing, low-maintenance property with strong cash flow and future development upside!
Property summary
- MLS® number
- X13504376
- Property type
- Single Family
- Building type
- House
- Title
- Freehold
- Land size
- 50 x 88 FT
- Annual property taxes
- $3,767.00
- Parking
- 5 spaces · Attached Garage, Garage
- Days on market
- 93 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Basement
- Apartment in basement, N/A
- Exterior features
- Aluminum siding
- Architectural style
- Bungalow
What would this home cost you?
Based on the $655,000 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 HOME RUN REALTY INC., KANATA.
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.