391 GREENWOOD AVENUE
Ottawa, Ontario
MLS® X13812090
$1,199,999
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13812090
- Bedrooms
- 6
- Bathrooms
- 3
- Year built
- —
1 / 43Listing description
Discover an excellent investment opportunity in sought-after Westboro! This all-brick property features three permitted, self-contained two-bedroom residential units, offering an attractive combination of location, rental income, and long-term investment potential. With approximately $81,600 in seller-reported annual gross rental income, the property presents an opportunity for investors seeking an established rental property or owner-occupiers looking to benefit from additional rental income.
The building consists of a legal duplex complemented by a permitted basement secondary dwelling unit. The basement suite features a simpler, more functional finish than the upper apartments, adding versatility to the property's rental configuration. Situated on a 49.
02' x 66' lot, the property features separate hydro meters, air conditioning, two driveways, coin-operated laundry, a six-camera surveillance system with DVR and a storage shed. Recent reported improvements include heating equipment, windows, electrical and plumbing upgrades, and renovations to the upper apartments. Enjoy a prime Westboro location close to shopping, restaurants, schools, public transit, parks and recreational amenities.
An established multi-unit income property in one of Ottawa's most desirable neighbourhoods. Financial and property information available for review.
Property summary
- MLS® number
- X13812090
- Property type
- Multi-family
- Building type
- Triplex
- Land size
- 49 x 66 FT
- Annual property taxes
- $7,620.00
- Parking
- 6 spaces · No Garage
- Days on market
- 40 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Basement
- Separate entrance, N/A
- Appliances
- Water Heater
- Exterior features
- Brick
- Lot features
- Carpet Free, Sump Pump
What would this home cost you?
Based on the $1,199,999 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 INNOVATION REALTY LTD., 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.