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Listed price in listed location currency (CAD).
$599,900

222

MLS® X13446582

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size -
Garage None
Taxes $3,371
Days Active 38
Lot Size 2500
Approx. Age 
MLS® Number X13446582

Property Address: 978 Admiral Ave, Ottawa, ON, K1Z6L9

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® NumberX13446582
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNone
Approx. Age
BasementNone
DrivewayGarage Type:None
Garage Spaces
HeatElectric, Baseboard
A/CNone

Extras

Rooms

Living Room:Main Floor19.03 × 11.06 ft

Price History

Last Sold Price

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Appreciation

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Avg. Days Listed

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Today, For Sale for $599,900

978 Admiral Avenue
For Sale · 37 days

$599,900

MLS® X13446582

A month ago

Not Sold Yet

June 2026, For Sale for $599,900

978 Admiral Avenue
For Sale · 37 days

$599,900

MLS® X13446582

A month ago

Not Sold Yet

September 2025, Canceled for $599,900

978 Admiral Avenue
Canceled · 87 days

$599,900

MLS® X12262216

10 months ago

Canceled on Sep 30, 2025

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Home Estimate Zoopraisal®

This property is estimated to sell between: $591,000 and $604,000.
Similar properties in this area sold on average for: $591,930
Expected to sell very soon! Similar properties sold in 16 days. This home has been on Zoocasa for 38 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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