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$679,000
Ontario,Ottawa
For Sale Active
378 ENFIELD AVENUE, Ottawa, Ontario K1L7L3
  • 7
  • 4
  • 700 - 1100Square Feet
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Basic Details
Description

Welcome to 378 Enfield – a true cash-cow investment property with absolutely positive cash flow! CAP RATE: 7.50% Located in an R2L zoning area, this property is legally approved as a rooming house with up to 7 bedrooms and also offers exceptional development potential. With further design, it can be redeveloped into a multi-unit apartment building from 6 units. Currently

generating a gross monthly income of approximately $5, 750, detailed cashflow and expense form ready for reference for serious buyer. This property is fully managed by a powerful professional property manager that has been handling all day-to-day operations smoothly – zero hassles for the owner. The main floor features 4 bedrooms, 2 bathrooms, a spacious kitchen, laundry room, and a bright living area. The basement includes 3 additional bedrooms, 2 bathrooms, and a full kitchen, ideal for flexible rental arrangements. Completely renovated in 2023, the home showcases upgraded plumbing, electrical, and HVAC systems, along with new insulation, fresh paint, and brand-new windows and doors throughout. Walking distance to Green & Fresh, Loblaws supermarket, Bus stations, RCMP headquarter, Canadian Cyber security center, around 2km to Ottawa University and one bus to Carleton University and surrounded by lots other amenities. This turnkey investment has been successfully operating for the past two years – a rare opportunity to own a high-performing, low-maintenance property with strong cash flow and future development upside! (id:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: X13504376
  • Price: $679,000
  • Bedrooms: 7
  • Bathrooms: 4
  • Square Footage: 700 - 1100 Sqft
  • Status: Active
  • Property Sub Type: Single Family
  • Office Key: 284594
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Central air conditioning
  • Basement: N/A, Apartment in basement
  • Parking: Garage, Attached Garage
  • Architectural Style: Bungalow
  • Exterior Features: Aluminum siding
  • Sewer: Sanitary sewer
Address Map
  • Location: CA, Ontario, Ottawa, K1L7L3
  • Street: Enfield
  • Street Number: 378
  • Street Suffix: Avenue
  • Longitude: W76° 20' 15.3''
  • Latitude: N45° 25' 49.5''
Additional Information
  • Water Source:
  • Foundation Details:
  • Lot Size Dimensions: 50 x 88 FT
  • Stories: 1.0
Financial
  • Tax Annual Amount: 3767
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Listing updated: 2026-06-30 15:27:41
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Listing Information
  • List Agent Key: 2061875
  • List Office Key: 284594
  • Modification Timestamp: 2026-06-30T15:05:22Z
  • Originating System Name: Ottawa Real Estate Board
  • Status Change Timestamp: 2026-06-30T14:55:29Z
Powered by REALTOR.ca
Listing updated: 2026-06-30 15:27:42
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