$900,000 – $1,000,000 Old Ottawa South Homes For Sale

Ottawa, Ontario

An excellent investment opportunity in one of Ottawa’s most desirable neighbourhoods. Located in Old Ottawa South, the property offers a rare chance to put money into a well-situated home with strong long-term appeal, close to the Canal, Lansdowne Park, and the Glebe.The property is configured as a duplex with a third unit in the basement, providing flexible income potential. One unit has a long-term tenant already in place, while the other unit and the basement suite require work to bring them up to standard. This creates an opportunity for an investor to improve the property and add value over time.With its prime location, solid structure, and infill potential, this is a compelling opportunity for someone looking to invest in a great neighbourhood and unlock the property’s full potential. Property has 2 addresses, 44 Glen Ave (Tenanted) and 101 Grosvenor Ave (Vacant) . Property is being sold as-is. (id:66888)

Ottawa, Ontario

Situated in the heart of sought-after Old Ottawa South, this classic 3-storey brick triplex offers an exceptional investment opportunity with 3 self-contained residential units and strong income potential. Ideally located within walking distance to shops, restaurants, parks, public transit, and Carleton University, this well-maintained property combines character, functionality, and convenience in one of Ottawa’s most desirable neighbourhoods. The main floor apartment features 2 bedrooms and 1 bathroom and is currently rented for $1,750/month + hydro. This unit offers updated flooring and kitchen, inside and rear access, as well as in-unit laundry with washer and dryer. The second floor apartment spans the second and third levels and is currently rented for $2,020/month + hydro. Offering 3 bedrooms, this spacious unit features a large living room with balcony access, updated 4-piece bathroom, laminate flooring, and a functional kitchen with in-unit laundry. The basement apartment offers excellent additional income potential with a projected market rent of approximately $1,500/month + hydro. This self-contained 1-bedroom unit includes an updated bathroom, renovated kitchen with eating area, living room, and in-unit laundry. A rare opportunity to own a versatile multi-unit property in a prime urban location with easy access to downtown, Lansdowne, Rideau Canal pathways, and everyday amenities. Some photos virtually staged. 24 hours notice, 24 hours irrevocable. (id:66888)