For Sale

391 GREENWOOD Avenue, Carlingwood - Westboro and Area, Ontario K2A 0X4

$0

391 GREENWOOD Avenue, Carlingwood - Westboro and Area, Ontario K2A 0X4 is For Sale and has a listing price of 1,260,000. The property is located in the Laurentian neighbourhood . It's been on the website for 139 Days.

  • Duplex
    Property Type
  • 6
    Bedrooms
  • 3
    Bathrooms
  • Parking
  • MLS ID: X9515687
  • Office Name INNOVATION REALTY LTD.
Property 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: $24000/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
  • Bedrooms: 6
  • MLS ID: X9515687
  • Bathrooms: 3
  • Price: $1,260,000
  • Lot Depth: 66
  • Transaction Types: For Sale
  • Ref ID: X9515687
  • Year Built: N/A
  • Approx Sqft: 2000-2500
  • Dir / Cross St: Between Roosevelt and Melbourne, 1 block south of Dovercourt. Alternatively, Churchill west on Greenwood OR Carling north on Cole to east on Greenwoo
  • Status: Active
  • Tax Year: 2025
  • Property Type: Duplex
  • Property Type: All Houses
  • Property Sub Category: Duplex
Price History
List Date MLS ID List Price Status End Date Closed Price
11/11/2024 X10422940 $2,400 Withdrawn 11/27/2024 -
05/24/2024 X9515687 $1,260,000 For Sale - -
10/23/2023 X9465867 $1,339,000 Expired -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Laurentian
  • $1,159,405 Average List Price
    based on 1 year
  • 29 New Listings
    based on 30 days
  • 16 Median Days on Market
    based on 1 year
  • List vs. Selling Price 1.13 % Below
  • Sold (12mo) 21
  • Rented (12mo) 13

  • 1 Month Change -
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
  • 7 Walk Score
    Car-Dependent
  • 17 Bike Score
    Somewhat Bikeable
Property Type Distribution
  • All Houses
    49.65%
  • Commercial
    8.72%
  • Condo
    41.63%
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style 2-storey
  • Washroom Type1: 3
  • Garage Type Y
  • Parking Spaces: 8
  • Exterior Brick
  • Kitchen 3
  • Parking Y
  • Washrooms Type 1 # Pcs: 3
  • Taxes: $7,620
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 24/05/2024 18:28:19
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