Back to search

978 Admiral Avenue, Ottawa, ON K1Z6L9

$579,9002Beds 2Baths 700Sqft Carlington

Property Overview

  • Detached Home Type
  • House Building Type
  • 2500 Sqft Lot Size
  • CarlingtonCommunity
  • 2 Beds
  • 2 Full Baths
  • 0 Half Baths
  • 2 Parking Space(s)
  • Property Taxes
  • 17 days Days on Market
  • X13666060 MLS® #
  • $828 Price / Sqft
  • Two Storey Style
Ask Bōdie

Get instant answers about this home

Description

Fully rented and generating immediate cash flow, this turnkey investment property features two self contained 1 bedroom, 1 bathroom units, with Unit A rented for $1,950/month and Unit B rented for $1,800/month, providing stable income from day one. Beautifully renovated and meticulously maintained, this versatile property offers exceptional value and long term potential in one of Ottawa's most connected and sought after neighborhoods. Designed to appeal to today's tenants, both units have been thoughtfully updated, minimizing future maintenance and maximizing rental appeal. Beyond the current income stream, new zoning bylaws may present future development opportunities, making this not only a strong cash flowing asset but also a strategic long term investment. Professionals and healthcare workers are consistently drawn to the unbeatable location, just steps from the Civic Hospital and the iconic Experimental Farm. Commuting is effortless with quick access to Highway 417, while nearby cycling paths and green spaces support an active urban lifestyle. On weekends, tenants can enjoy the vibrant cafés, restaurants, and amenities of Little Italy or spend time along the scenic shores of Dows Lake. Low maintenance, fully tenanted, and positioned in a thriving urban corridor, this is a rare opportunity to acquire a high performing Ottawa investment property with immediate income and future upside. Photos were taken prior to currents tenants. Some photos have been virtually staged.

Interior Details

See Home Description
Baseboard
0
None
None

Exterior Details

Vinyl Siding
2
See Home Description
Asphalt Shingles
Concrete

More Information

Property

None
See Home Description

Parking

Yes
2
No Garage

Utilities

Municipal / City

Data is supplied by the Toronto Regional Real Estate Board (TRREB) MLS® System. TRREB is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Data was last updated Friday, August 28, 2026, 3:05:27 PM UTC.