Carlingwood - Westboro And Area, ON K2A 0X4,391 GREENWOOD AVE
Carlingwood - Westboro And Area, ON K2A 0X4,391 GREENWOOD AVE
Carlingwood - Westboro And Area, ON K2A 0X4,391 GREENWOOD AVE
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$1,260,000
Est. payment /mo
6 Beds
3 Baths
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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision 5105 - Laurentianview

MLS Listing ID X9515687

Style 2-Storey

Bedrooms 6

Annual Tax Amount $7,521

Tax Year 2023

Property Sub-Type Duplex

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: $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)

Location

Province ON

County Ottawa

Community 5105 - Laurentianview

Area Ottawa

Zoning RS3

Rooms

Family Room No

Basement Full, Finished

Kitchen 3

Interior

Interior Features Other

Cooling Central Air

Exterior

Exterior Feature Deck

Parking Features Unknown

Pool None

Roof Type Asphalt Shingle

Lot Frontage 49.02

Lot Depth 66.0

Total Parking Spaces 6

Building

Foundation Block

Others

Security Features Unknown

ParcelsYN No


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391 GREENWOOD AVE

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