For Sale: 978 Admiral Avenue, Ottawa, ON - REW
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$599,900
2 bd • 2 ba • 700 - 1099 sf • House
978 Admiral Avenue
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$599,900
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978 Admiral AvenueOttawa, ON, K1Z 6L9

Carlington
  • 2 Bed
  • 2 Bath
  • 700 - 1099 Sqft
  • House

About this home

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:63626)
Listed by: James Daly, Salesperson, PAUL RUSHFORTH REAL ESTATE INC.

Home facts and features

Price details
List Price
$599,900
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Gross Taxes for 2026
$3,371
Home facts
Bedrooms
2
Full Bathrooms
2
Parking Spaces
2
Parking Details
No Garage
Property Type
House
Depth
100 feet
Frontage
25.0 feet
Title
Freehold
Exterior Finish
Vinyl siding
Heating Type
Baseboard heaters, Electric
Appliances
Dishwasher, Dryer, Hood Fan, Microwave, Two Refrigerators, Two Washers, Two stoves
Community
Agent details
Primary Agent
James Daly
Primary Broker
PAUL RUSHFORTH REAL ESTATE INC.
Listing details
Days on REW
51 Days
Property Views
35
MLS® Number
X13446582
Source
Canadian Real Estate Association
Board
Ottawa Real Estate Board
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25 Years
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3.99%

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Property Insights

W.E. Gowling Public School
  • Public
  • JK - 6
St Elizabeth Elementary School
  • Catholic
  • JK - 6
Elmdale Public School
  • Public
  • JK - 6
Fisher Park/Summit AS Public School
  • Public
  • 7 - 8
St Augustine Elementary School
  • Catholic
  • JK - 6
Hilson Avenue Public School
  • Public
  • JK - 6
Connaught Public School
  • Public
  • JK - 6
Notre Dame School
  • Catholic
  • 7 - 12
St Pius X High School
  • Catholic
  • 9 - 12
Churchill Alternative School
  • Public
  • 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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Call Agent
Salesperson
James Daly
Phone:
(613) 762-9062
Office:
613-788-2122
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