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Home ON Ottawa - Gatineau Ottawa Laurentian
391 GREENWOOD AVENUE
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391 GREENWOOD AVENUE $1,260,000
$1,260,000
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391 GREENWOOD AVENUE
Ottawa, Ontario K2A0X4

MLS® Number: X9515687
6
Bedrooms
3
Bathrooms
2000 - 2500
Square Feet

Listing 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: $2250/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) (36458743)

Location Description

Between Roosevelt and Melbourne, 1 block south of Dovercourt. Alternatively, Churchill west on Greenwood OR Carling north on Cole to east on Greenwoo

Property Summary

Property Type
Multi-family
Building Type
Duplex
Storeys
2
Square Footage
2000 - 2500 sqft
Community Name
5105 - Laurentianview
Land Size
49 x 66 FT ; 0
Annual Property Taxes
$7,521
Total Parking Spaces
6
Time on REALTOR.ca
398 days

Building

Bedrooms
Above Grade
6
Bathrooms
Total
3
Interior Features
Basement Type
Full (Finished)
Building Features
Foundation Type
Block
Structures
Deck
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Amenities Nearby
Public Transit, Park
Parking
Total Parking Spaces
6

Measurements

Square Footage
2000 - 2500 sqft

Land

Lot Features
Fencing
Fenced yard
Frontage
49 ft
Land Depth
66 ft
Other Property Information
Zoning Description
RS3
Data provided by: Ottawa Real Estate Board 1826 Woodward Drive, Ottawa, Ontario K2C 0P7

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