Home with brick exterior material, street for 125 Hopewell Ave, Ottawa Ontario K1S 2Z2
5 days on Market

125 Hopewell Ave, Ottawa, Ontario K1S 2Z2

Townhouse
7 + 1
3
~1500-2000 sqft
$1,100,000
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Townhouse
7 + 1
3
~1500-2000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$642/sqft

Est. Mortgage$4,724/mo

Tax Amount (2024)$8,134/yr

Days On Market5 days


Description

Location, Location, Location! This fully tenanted and well-maintained TRIPLEX is the perfect turnkey investment opportunity, ideal for investors seeking long-term financial growth. Situated just steps from CARLETON UNIVERSITY, the Rideau River & Canal, local pubs, cozy cafes and public transit that can get you anywhere in the city. This property offers both prime location and strong rental appeal. The building features a spacious 4-bedroom unit on the second level, a 3-bedroom unit on the main level, and a 1-bedroom unit on the lower level all currently occupied by excellent tenants. Investors will appreciate the steady rental income potential, supported by ongoing demand from university students, faculty, and local professionals. Numerous updates have been completed throughout the property, including exterior brickwork, new railings, flashing, soffits, and fascia. Additional improvements include new second-level windows, an upgraded hot water tank, several new appliances, a fully renovated main floor kitchen, and a refreshed second-level bathroom. With it's unbeatable location and consistent tenant demand, this property offers both immediate income and long-term value. Don't miss out on this rare opportunity to invest in a high-demand area with built-in rental stability.


Property Details

Style2-Storey
View-
Age of property-
SqFt~1500-2000 SqFt
Lot Size3,000 SqFt(100 x 30)
Parking Spaces2
MLS ®NumberX12231887
Community NameOld Ottawa South
Data SourceTRREB
Listing byRE/MAX AFFILIATES REALTY LTD.

Features

Heating: Forced Air
Basement: Finished

Main Floor

Dining

3.15 x 2.95

Br

4.69 x 2.61

2nd Br

3.99 x 2.66

3rd Br

3.05 x 2.3


Features

Lot size: 3,000 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property listed by RE/MAX AFFILIATES REALTY LTD., Brokerage

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Market Data - Old Ottawa South

Geo Zone Map ThumbnailOld Ottawa South

Strong Seller's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

2024

76 days

2023

4 days

2022

10 days

New Listings

Past 30 days

1 listing

Compared to

2024

2 listings

2023

1 listing

2022

2 listings

Units sold

Past 30 days

0 unit

Compared to

2024

1 unit

2023

1 unit

2022

2 units

Median Sold Price

Past 30 days

$0

Compared to

2024

$825,000

2023

$770,000

2022

$611,750


Population and Demographics

Overview

Total population 4078
Average household income $223,577

Age (%)

0 to 19
24%
50 to 64
22%
35 to 49
19%
65 and plus
18%
20 to 34
18%

Household composition (%)

Single family
67%
Single person
26%
Multi person
8%
Multi family
0%

Mother tongue (%)

English
83%
French
8%
Others
4%
English and French
2%
Spanish
1%
Mandarin
1%

House tenancy (%)

Owners
69%
Renters
31%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget