$599,900
Available - For Sale
Listing ID: X13446582
978 Admiral Avenue , Carlington - Central Park, K1Z 6L9, Ottawa


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.
Price $599,900
Taxes: $3371.03
Occupancy: Tenant
Address: 978 Admiral Avenue , Carlington - Central Park, K1Z 6L9, Ottawa
Directions/Cross Streets: Shillington
Rooms: 6
Bedrooms: 2
Bedrooms +: 0
Family Room: F
Basement: None
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Main Bathroom 6.86 10.56 4 Pc Bath
Room 2 Main Bedroom 9.58 10.82
Room 3 Main Kitchen 11.15 15.61
Room 4 Main Living Ro 11.05 19.02
Room 5 Second Bathroom 3.54 8.99 3 Pc Bath
Room 6 Second Kitchen 11.38 12.53
Room 7 Second Living Ro 15.38 6.36
Room 8 Second Bedroom 2 8.17 15.68
Washroom Type No. of Pieces Level
Washroom Type 1 4 Ground
Washroom Type 2 3 Second
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Property Type: Detached
Style: 2-Storey
Exterior: Vinyl Siding
Garage Type: None
Drive Parking Spaces: 2
Pool: None
Approximatly Square Footage: 700-1100
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Baseboard
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
PAUL RUSHFORTH REAL ESTATE INC.
Personal Picture
Sharon Soltanian
Broker Of Record
Dir:
416-892-0188
Bus:
416-901-8881
 
 Virtual Tour   Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Freehold - Detached
Area: Ottawa
Municipality: Carlington - Central Park
Neighbourhood: 5302 - Carlington
Style: 2-Storey
Lot Size: x 100.00(Feet)
Approximate Age:
Tax: $3,371.03
Maintenance Fee: $0
Beds: 2
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
$
%
%
Years