Home with vinyl exterior material, street for 978 Admiral Ave, Ottawa Ontario K1Z 6L9
Re-listed 10 days ago

978 Admiral Ave, Ottawa, Ontario K1Z 6L9

Detached
2
2
~700-1100 sqft
$•••,•••
$632,000
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Detached
2
2
~700-1100 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$738/sqft

Est. Mortgage$2,714/mo

Tax Amount (2024)$2,917/yr

Days On Market10 days

Total Days On Market124 days


Description

Unlock an investor's dream with this CASH FLOW POSITIVE property, perfectly situated just steps from Ottawa's iconic Experimental Farm and the bustling Civic Hospital. This turnkey property boasts 2 tastefully updated 1-bedroom, 1-bathroom units. Its unbeatable location ensures a steady stream of professionals and healthcare workers, drawn to the proximity of vibrant Little Italy's trendy restaurants and cafes, the serene beauty of Dow's Lake for recreational activities, and seamless access to Highway 417 for quick commutes. Tenants will love the extensive network of scenic bike paths weaving through the area, promoting an active lifestyle. Fully renovated for low maintenance, this duplex delivers immediate rental income with strong returns. Plus, new zoning bylaws offer exciting redevelopment potential, making this a strategic long-term investment. Don't miss this rare chance to own a low-risk, high-reward asset in a thriving, well-connected neighbourhood with instant cash flow and future growth opportunities. Contact us today for financials and to view this exceptional property!


Property Details

Style2-Storey
View-
Age of property-
SqFt~700-1100 SqFt
Lot Size2,496 SqFt(99.98 x 24.97)
Parking Spaces2
MLS ®NumberX12104609
Community NameCarlington
Data SourceTRREB
Listing byBENNETT PROPERTY SHOP REALTY

Features

Heating: Baseboard
Basement: Crawl Space, Unfinished

2nd Floor

null

2.43 x 4.77

Kitchen

3.57 x 3.76

Dining

4.68 x 1.99

Bathroom

1.01 x 2.68

3 Pc Bath


Features

Lot size: 2,496 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
10 days on market
history photo preview17
Listing by trreb®
Property listed by BENNETT PROPERTY SHOP REALTY, Brokerage

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Market Data - Carlington

Geo Zone Map ThumbnailCarlington

Strong Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

14 days

Compared to

2024

7 days

2023

30 days

2022

6 days

New Listings

Past 30 days

7 listings

Compared to

2024

4 listings

2023

5 listings

2022

7 listings

Units sold

Past 30 days

5 units

Compared to

2024

2 units

2023

6 units

2022

8 units

Median Sold Price

Past 30 days

$631,900

Compared to

2024

$581,000

2023

$610,000

2022

$870,000


Population and Demographics

Overview

Total population 8159
Average household income $107,357

Age (%)

20 to 34
24%
0 to 19
21%
35 to 49
21%
50 to 64
20%
65 and plus
13%

Household composition (%)

Single family
49%
Single person
43%
Multi person
8%
Multi family
0%

Mother tongue (%)

English
72%
French
10%
Arabic
4%
Others
3%
English and French
2%
Spanish
2%
Somali
2%
Italian
1%
Vietnamese
1%

House tenancy (%)

Renters
65%
Owners
35%

Schools and amenities

Estimated Budget