12 hours on Market

882 Balsam Dr, Ottawa, Ontario K1E 1B5

Townhouse
3 + 3
2
~700-1100 sqft
$949,900
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Townhouse
3 + 3
2
~700-1100 sqft

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Highlights

Property Estimate

Days on market12 hours

Estimated valueNot available

Price/Sqft$1,110/sqft

Monthly cost

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CMA Subject Property

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+372

Properties sold*

$615K

Median sold price*

*Based on last 30 days

Description

Presenting a fully renovated, turn-key legal duplex in the heart of Orleans with COACH HOME POTENTIAL on an outstanding 65' x 150' lot. This property is an ideal investment offering excellent cash flow, modern upgrades, and future development potential. Situated near Highway 174, the upcoming LRT station, Place d'Orléans Mall, the Ottawa River, this property offers unmatched convenience in a high-demand location.Originally a single-family bungalow, this home has been expertly converted into two self-contained units with separate entrances and hydro meters. The main level features three spacious bedrooms, a full bathroom, and access to an attached garage. It is currently leased for $2,550/month, with tenants covering all utilities except gas for heating. The lower unit also includes three bedrooms and a full bathroom, and is rented for $2,200/month, with tenants paying all utilities. Adding to its long-term value, the home sits on an extended lot zoned for a coach home. A third hydro meter has already been installed, and the seller has paid for professional plans for the coach home. The property has undergone a complete transformation, featuring new kitchens (with quartz countertops and stainless steel appliances), flooring, drywall, paint, electrical, plumbing, pot lights throughout, new basement windows, interior doors, washers & dryers, interlock, and a brand-new driveway with space for up to nine vehicles. The attached garage is currently used by the main floor tenants. This truly turn-key property combines modern finishes, strong rental income, and future growth potential. Whether you're an investor expanding your portfolio or a buyer seeking a home with mortgage-subsidizing potential, 882 Balsam Drive is a rare opportunity in one of Orleans most promising neighbourhoods.


Property Details

StyleBungalow
View-
Age of property-
SqFt~700-1100 SqFt
Lot Size9,750 SqFt(150 x 65)
Parking Spaces10
MLS ®NumberX12256520
Community NameCity of Ottawa
Data SourceTRREB
Listing byAVENUE NORTH REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Sep Entrance, Finished

Features

Lot size: 9,750 SqFt

Parking

Garage spaces 1

Garage type Attached

Other parking spaces 9

Total parking spaces 10


Property History

Jul 2, 2025
ListedActive
$949,900
12 hours on market
history photo preview35
Listing by trreb®

Market Data - City of Ottawa

Geo Zone Map ThumbnailCity of Ottawa

Balanced Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

27 days

Compared to

2024

20 days

2023

17 days

2022

12 days

New Listings

Past 30 days

561 listings

Compared to

2024

591 listings

2023

599 listings

2022

678 listings

Units sold

Past 30 days

300 units

Compared to

2024

372 units

2023

422 units

2022

368 units

Median Sold Price

Past 30 days

$620,000

Compared to

2024

$615,000

2023

$583,000

2022

$590,000


What’s nearby?Essentials within 5 km

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Transportation Scores

Estimated Budget