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978 Admiral Avenue, Ottawa, ON 28 photos

$599,900

Active
978 Admiral Avenue, Ottawa, ON· Carlington
2
Bedrooms
2
Bathrooms
700-1100
Sq Ft
$545–$857
Per Sq Ft
2
None Parking

About this Property

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.

Listed by PAUL RUSHFORTH REAL ESTATE INC. · MLS# X13446582

Features & Details

Property details of 978 Admiral Avenue, Ottawa, ON

Property TypeDetached
Style2-Storey
Size700-1100 sq ft
Total Parking2

Mortgage Calculator

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%
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Mortgage Payment$2,947/monthly
Principal54%
Interest46%
Principal Amount$479,920
Interest$404,219
Total Payable$884,139
Amortization25 years

* Estimate only. Consult a mortgage broker for accurate figures.

Cash Flow Analysis

Mortgage payment$2,947
Mortgage + Expenses$2,947
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$
$
$
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Monthly Cash Flow-$2,947

* Estimate only. Consult a mortgage broker for accurate figures.

5.0 · 70+ Google reviews
Akash Sharma

Akash Sharma

REALTOR® · Ali Realty Group Inc.

Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.

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