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.
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)
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11/11/2024 | X10422940 | $2,400 | Withdrawn | 11/27/2024 | - |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 | - |