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$ 1,689,900
Est. payment /mo
New
7 GWYNNE AVENUE Ottawa, ON K1Y1X1
4 Beds
4 Baths
1,500 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,500 sqft
Price per Sqft $1,126
Subdivision 4504 - Civic Hospital
MLS® Listing ID X12388102
Bedrooms 4
Half Baths 1
Source Ottawa Real Estate Board
Property Description
UNDER CONSTRUCTION - Charming brownstone-inspired design investment property in the heart of the Civic Hospital neighbourhood, perfectly positioned for steady rental demand from medical staff, students and urban professionals. This two-unit building features a generous 3-bedroom, 3-floor duplex (Unit 1) plus a bright 1-bed/1bath apartment (Unit 2). Expected 3.8% cap rate; tenants pay all utilities. Property highlights: Unit 1: Three bedrooms spread over three floors bright, townhouse-style layout with classic brownstone curb appeal Unit 2: One bedroom, one bathroom efficient and easy to lease Attractive façade and modern interior finishes (brownstone-modelled design)Tenants responsible for all utilities simplifies owner expenses and management Ideal investment for doctors, nurses or investors seeking close proximity to healthcare employment Neighbourhood & lifestyle: In the Civic Hospital area steps to The Ottawa Hospital (Civic campus) and rapid access to transit Short walk to Little Italy: excellent cafés, authentic Italian restaurants and specialty grocers for memorable dining and shopping Scenic walks along the Rideau Canal and around Dows Lake spectacular tulip displays each spring and beautiful water views year-round Central Experimental Farm and its botanical gardens: peaceful walking paths and seasonal displays right nearby Enjoy skating on the 7.8 km Rideau Canal Skate way in winter and lively outdoor recreation in warmer months Investment notes: Expected cap rate: 3.8% (prospective buyers should verify figures and review income/expense statements)Strong tenant pool due to proximity to hospitals, research and schools For full financials, floor plans and to schedule a showing, contact the listing agent. This is a rare opportunity to own a stylish, income-producing property in one of the city's most desirable, walkable neighbourhoods. (Under construction, expected completion November 30th, 2025) Raised basement apartment 602 sqft. Simi-detached (id:24570)
Location
Province ON
Rooms
Kitchen 2.0
Extra Room 1 Second level 5.6 m X 5.5 m Great room
Extra Room 2 Second level 3.9 m X 3.3 m Kitchen
Extra Room 3 Third level 3.6 m X 3.2 m Bedroom 3
Extra Room 4 Third level 3.2 m X 1.5 m Bathroom
Extra Room 5 Third level 4.4 m X 4 m Primary Bedroom
Extra Room 6 Lower level 4.15 m X 3.1 m Living room
Interior
Heating Forced air
Cooling Central air conditioning
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Story 3
Sewer Sanitary sewer
Listed by ROYAL LEPAGE INTEGRITY REALTY
