Description
This turnkey investment opportunity presents an income-generating duplex with a bonus unit, perfectly situated in the sought-after Merivale/Baseline corridor. Nestled on a quiet dead-end street, the property is spacious, well-maintained, and offers both strong rental income and excellent future potential. The second floor hosts a large, freshly painted three-bedroom unit and the first floor unit features newly renovated hardwood floors. Tenants enjoy the benefits of a private backyard, gas heating, free parking, and ample storage. Adding to its versatility, the property also includes a non-conforming basement unit that offers additional flexibility or potential rental income. Positioned directly across from a park with scenic walking and biking trails, this location is highly attractive to renters. Its also just minutes away from shopping, schools, restaurants, transit, and the Queensway, ensuring convenience for all occupants. Currently, the property is fully rented to two long-term tenants, generating approximately $50,000 in annual rental income. With its low turnover rate and high-demand location, this property is ideal for both seasoned investors and those purchasing their first rental. This is a rare chance to own a cash-flowing property in one of Ottawa's prime neighborhoods, with plenty of room to add future value. (id:39198)
Features & Details
Key Summary
- Style: Duplex
- Property Class: CommercialProperty
- Last Status: New
- Days on Market: 3
- Bedrooms: 6 + 1
- Bathrooms: 3
- Heating: Forced air, Natural gas
- Cooling: None
- Basement: Partially finished, Full
- Extras / Inclusions: Washer, Refrigerator, Stove, Dryer
| Room | Level | Dimensions | Features |
|---|---|---|---|
| Bedroom | Lower level | 6.77 x 3.58 | |
| Dining room | Main level | 2.18 x 3.58 | |
| Bedroom | Third level | 4.25 x 3.26 | |
| Bedroom 2 | Third level | 3.54 x 3.38 | |
| Primary Bedroom | Third level | 4.26 x 3.32 | |
| Bathroom | Third level | 3.54 x 1.9 | |
| Kitchen | Lower level | 2.45 x 2.5 | |
| Kitchen | Third level | 3.54 x 3.3 | |
| Living room | Third level | 4.15 x 3.18 | |
| Dining room | Third level | 2.62 x 3.58 | |
| Bathroom | Lower level | 1.66 x 2.4 | |
| Utility room | Lower level | 3.41 x 6.28 | |
| Laundry room | Lower level | 5.51 x 6.38 | |
| Bedroom | Main level | 4.25 x 3.26 | |
| Bedroom 2 | Main level | 3.54 x 3.38 | |
| Primary Bedroom | Main level | 4.26 x 3.32 | |
| Living room | Main level | 15.1 x 11.9 | |
| Kitchen | Main level | 3.54 x 3.3 |
- Exterior Construction: Brick
- Foundation: Poured Concrete
- Lot Dimensions: 65 x 105 FT
- Water Source: Municipal water
- Sewer: Sanitary sewer
- Total Parking Spaces: 6
- MLS® Number: X12917018
- Listed On: Mar 25, 2026
- Last Status: New
- Days on Market: 3
- Updated On: Mar 26, 2026 00:31
- Brokerage: GRAPE VINE REALTY INC.
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