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:25961)
Schedule a Tour
Schedule Private Tour
Kim Vo would happily provide a private viewing if you would like to schedule a tour.
Match your Lifestyle with your Home
Contact Kim Vo, who specializes in Ottawa real estate, on how to match your lifestyle with your ideal home.
Get Started Now
Lifestyle Matchmaker
Let Kim Vo find a property to match your lifestyle.
Rooms
| Level | Type | Dimensions |
|---|---|---|
| Bathroom | Second level | 1.08 m x 2.74 m |
| Kitchen | Second level | 3.47 m x 3.82 m |
| Living room | Second level | 4.69 m x 1.94 m |
| Bedroom 2 | Second level | 2.49 m x 4.78 m |
| Bathroom | Main level | 2.09 m x 3.22 m |
| Bedroom | Main level | 2.92 m x 3.3 m |
| Kitchen | Main level | 3.4 m x 4.76 m |
| Living room | Main level | 3.37 m x 5.8 m |
Details
- Equipment: Water Heater
- Ownership: Freehold
- Parking Spaces: 2
- Rental Equipment: Water Heater
- Transaction: For sale
Building
- Appliances: Dishwasher, Dryer, Hood Fan, Microwave, Two stoves, Two Washers, Two Refrigerators
- BasementType: None
- Bedrooms Main Level: 2
- Construction Style Attachment: Detached
- Cooling: None
- Exterior Finish: Vinyl siding
- Fireplace Present: False
- Foundation: Block
- Bathrooms (Total): 2
- Heating: Baseboard heaters
- Heating Fuel: Electric
- Size Interior: 700 - 1100 sqft
- Stories Total: 2
- Type: House
- Utility Water: Municipal water
Land
- Sewer: Sanitary sewer
- Size Frontage: 25 ft
- Size Irregular: 25 x 100 FT
Listing provided by PAUL RUSHFORTH REAL ESTATE INC.
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.
This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 978 ADMIRAL AVENUE in Ottawa Ontario. It was last modified on June 15th, 2026. Contact Kim Vo to schedule a viewing or to discover other Ottawa homes for sale.