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Listed price in listed location currency (CAD).
$1,199,999

538

MLS® X13812090

Overview

Key Facts

Type Triplex
Levels Residential
Size -
Garage None
Taxes $7,620
Days Active 0
Lot Size 
Approx. Age 
MLS® Number X13812090

Property Address: 391 Greenwood Ave, Ottawa, ON, K2A0X4

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

Description

Prime Westboro Income Opportunity! A rare chance to acquire a well-maintained, fully updated, all-brick legal duplex with a permitted basement secondary dwelling unit, ideally situated on a 49.02' x 66.0' lot in one of Ottawa's most desirable urban neighbourhoods.The property features two spacious two-bedroom units plus one one-bedroom lower unit, with the basement secondary dwelling unit added in 2024. Two driveways provide ample parking, each unit is separately hydro-metered, and all units are equipped with air conditioning.The property generates approximately $80, 400 in annual gross rental income. Based on seller-provided operating expenses, the estimated Net Operating Income is approximately $60, 775.63 per year, representing an estimated 5.07% cap rate. With refreshed interiors, strong in-place income, and a premium Westboro location, this is an attractive long-term investment opportunity for buyers seeking both immediate cash flow and future upside.The property may also offer additional intensification potential, including the possibility of another secondary dwelling unit or coach house/garden-suite-style development, subject to applicable zoning, planning, building code requirements, and municipal approvals. Buyer to independently verify all permitted uses and development potential.
MLS® NumberX13812090
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNone
Approx. Age
BasementSeparate Entrance
DrivewayGarage Type:None
Garage Spaces
HeatGas, Forced Air
A/CCentral Air

Extras

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 $1,199,999

For Sale · 0 days

$1,199,999

MLS® X13812090

5 hours ago

Not Sold Yet

October 2026, Canceled for $1,449,000

Canceled · 148 days

$1,449,000

MLS® X13112884

In 15 days

Canceled on Oct 7, 2026

September 2026, For Sale for $1,199,999

For Sale · 0 days

$1,199,999

MLS® X13812090

5 hours ago

Not Sold Yet

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Home Estimate Zoopraisal®

This property is estimated to sell between: $1,199,000 and $1,738,000.
Similar properties in this area sold on average for: $1,558,289
Expected to sell in 15 days. Similar properties sold in 15 days. This home has been on Zoocasa for 0 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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