For Sale: 1991 Banff Avenue, Ottawa, ON - REW
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$925,000
6 bd • 4 ba • 2500 - 2999 sf • Multifamily

1991 Banff AvenueOttawa, ON, K1V 7X6

Ledbury - Heron Gate - Ridgemont
  • 6 Bed
  • 4 Bath
  • 2500 - 2999 Sqft
  • Multifamily

About this home

Rare opportunity to own a side-by-side duplex in an exciting up-and-coming neighbourhood! Vacant side-by-side duplex, ready for multiple opportunities, use your imagination! Situated on a spacious lot in a centrally located area just minutes from the LRT, shopping, restaurants, schools and everyday amenities, this property offers exceptional flexibility for investors and owner-occupants alike. Each vacant unit features 3 generous bedrooms, 2 bathrooms, an attached private garage, ample driveway parking, and its own fully fenced backyard backing onto park space for added privacy. The utilities are all metered separately. With both units vacant, you have the rare advantage of setting your own rents from day one, renovating to maximize value, or moving into one side while generating income from the other. Inside, both homes offer welcoming front foyers with convenient closet space, main floor powder rooms, and spacious, functional living areas perfect for families or tenants. Patio doors lead directly to the private backyard oasis, creating an ideal indoor-outdoor lifestyle. Upstairs, each unit boasts an oversized primary bedroom with a comfortable sitting area and direct access to the full bathroom, while the second and third bedrooms are generously sized to accommodate double beds with ease. Surrounded by homes undergoing extensive renovations and new construction, this rapidly transforming neighbourhood continues to attract homeowners and investors alike, making this an outstanding opportunity to build long-term wealth in a location with tremendous upside. Whether you're looking to expand your investment portfolio, renovate for increased value, or enjoy the financial advantages of living in one unit while renting the other, this versatile property offers endless possibilities at exceptional value. Book your showing today! (id:63626)
Listed by: Erica Young, Salesperson, ROYAL LEPAGE TEAM REALTY

Home facts and features

Price details
List Price
Gross Taxes for 2025
$6,516
Home facts
Bedrooms
6
Full Bathrooms
2
Partial Bathrooms
2
Parking Spaces
6
Parking Details
Attached Garage, Garage
Property Type
Multifamily
Lot Size
50 ft x 87 ft (4433 ft²)
Depth
87.8 feet
Frontage
50.6 feet
Exterior Finish
Brick, Vinyl siding
Heating Type
Forced air, Natural gas
Cooling
Central air conditioning
Basement Details
Partially finished,
Appliances
Dishwasher, Dryer, Hood Fan, Two Refrigerators, Two Washers, Two stoves
Community
Agent details
Primary Agent
Erica Young
Primary Broker
ROYAL LEPAGE TEAM REALTY
Listing details
Days on REW
9 Days
Property Views
48
MLS® Number
X14029370
Source
Canadian Real Estate Association
Board
Ottawa Real Estate Board
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Property Insights

Clifford Bowey Public School
  • Public
  • JK - 8
É Élém C Marius-Barbeau
  • Catholic
  • JK - 8
Charles H. Hulse Public School
  • Public
  • JK - 6
Ridgemont High School
  • Public
  • 9 - 12
St Patrick's High School
  • Catholic
  • 9 - 12
É Élém C d'enseignement personnalisé Lamoureux
  • Catholic
  • JK - 8
É Élém C George-Étienne-Cartier
  • Catholic
  • JK - 6
Dunlop Public School
  • Public
  • JK - 6
General Vanier Public School
  • Public
  • JK - 3
Prince of Peace Elementary School
  • Catholic
  • JK - 6
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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