Unknown for 391 GREENWOOD Ave, Ottawa Ontario K2A 0X4
1 year on Market

391 GREENWOOD Ave, Ottawa, Ontario K2A 0X4

Townhouse
6
3
~2000-2500 sqft
$•••,•••
$1,260,000
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Townhouse
6
3
~2000-2500 sqft

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Highlights

Property Estimate

Days on market1 year

Estimated valueNot available

Price/Sqft$567/sqft

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Description

Welcome to this fully updated legal duplex with a permitted basement Secondary dwelling unit in the heart of Westboro of Ottawas most desirable neighbourhoods. Sitting on a wide 49' lot, this income-generating property features three spacious 2-bed/1-bath units, each with its own private driveway. With over $150K in recent renovations, including a luxury main-floor upgrade, excavated and structurally reinforced basement, and renovated second floor, this is a rare opportunity to own a low-maintenance, high-return asset. Steps from top schools, parks, trendy shops, westboro beach and transit, its ideal for savvy investors or multi-generational living. Fully tenanted with strong cash flow and a solid 5.2% cap rate, this is Westboro real estate done right. 2021 investments incl. luxuriously renovated Unit 1, improved entrance/common space, re-styled driveways & manicured grounds. Basement professionally excavated to increase ceiling height and reinforced with a structural buttress wall. All work completed with permits and inspections on file. Legal lower-level unit offers strong rental income potential, an excellent investment with lasting value. 2nd floor renovations (2024) new carpet on stairs ( 2024) electrical & plumbing (2023) , 3 new windows in the basement (2023). windows, roof )2019). Operionnal Surveillance system in the building ( 6 Cameras with DVR) included. shed included. Appealing cash flow, 3 meters; gas furnace, c/air, 2 hot water tanks, hardwood, vinyl windows throughout. Ideal for investors or seeking future multi-generational residence. All units currently tenanted. Shared coin laundry ( additional income ) Rents: Apt #1: $2250/m + hydro, Apt #2: 2150/m + hydro, Apt B: $2000/m . Exceptional opportunity in Ottawa's hottest neighbourhood! Set showing schedule +24hrs notice., Flooring: Hardwood, Flooring: Other (See Remarks)


Property Details

Style2-Storey
View-
Age of property-
SqFt~2000-2500 SqFt
Lot Size-
Parking Spaces6
MLS ®NumberX9515687
Community NameLaurentian
Data SourceTRREB
Listing byINNOVATION REALTY LTD.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Full, Finished

Parking

Garage spaces -

Garage type -

Total parking spaces 6


Population and Demographics

Overview

Total population 8509
Average household income $181,656

Age (%)

0 to 19
22%
20 to 34
14%
35 to 49
19%
50 to 64
22%
65 and plus
23%

Household composition (%)

Single family
63%
Single person
34%
Multi person
3%
Multi family
0%

Mother tongue (%)

English
83%
French
7%
Others
2%
English and French
2%
Mandarin
1%
Arabic
1%
Spanish
1%
Italian
1%

House tenancy (%)

Owners
61%
Renters
39%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget