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$599,900
Ontario,Ottawa
For Sale Active
978 ADMIRAL AVENUE, Ottawa, Ontario K1Z6L9
  • 2
  • 2
  • 700 - 1100Square Feet
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Basic Details
Description

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. (id:62783)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: X13446582
  • Price: $599,900
  • Bedrooms: 2
  • Bathrooms: 2
  • Square Footage: 700 - 1100 Sqft
  • Status: Active
  • Property Sub Type: Single Family
  • Office Key: 261424
Features & Appliances
Features
  • Heating System: Baseboard heaters, Electric
  • Cooling System: None
  • Basement: None
  • Parking: No Garage
  • Exterior Features: Vinyl siding
  • Sewer: Sanitary sewer
Address Map
  • Location: CA, Ontario, Ottawa, K1Z6L9
  • Street: Admiral
  • Street Number: 978
  • Street Suffix: Avenue
  • Longitude: W76° 16' 17.9''
  • Latitude: N45° 22' 52.8''
Additional Information
  • Water Source:
  • Foundation Details:
  • Lot Size Dimensions: 25 x 100 FT
  • Stories: 2.0
Financial
  • Tax Annual Amount: 3371.03
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Listing updated: 2026-06-17 04:54:27
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Listing Information
  • List Agent Key: 1404285
  • List Office Key: 261424
  • Modification Timestamp: 2026-06-15T18:35:06Z
  • Originating System Name: Ottawa Real Estate Board
  • Status Change Timestamp: 2026-06-15T18:27:13Z
Powered by REALTOR.ca
Listing updated: 2026-06-17 04:54:27
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