Room 1
Level not provided
Carlington, Ottawa, Ontario K1Z 7W1
Attention investors & builders! Rare freehold 3 unit building. Duplex + accessory unit, on an oversized 68' x 93' (4,984 sq ft) corner lot in Carlington-Central Park with 3-car parking. Redevelopment potential under Ottawa's Zoning By-law 2026-50 (no parking minimums zoning CM1). Features 4 beds & 3 full baths across 3 self-contained units: Main (1-bed, $950/mo all-incl), Lower (1-bed w/ sep entrance, $950/mo all-incl), & Upper (spacious 2-bed, vacant Jan 31, 2027 w/ separate hydro meter-projected $1,600/mo + hydro). Projected gross income of $42,000/yr against $12,743/yr in hard verified operating expenses yields a projected NOI of $29,257/yr (4.43% cap rate at $659,900; current in-place gross $22,800/yr). Major cap-ex completed: roof (2020), $12K exterior upgrades (2025), & Carrier furnace (Nov 2024). Live in the 2-bed upper suite while tenants subsidize your mortgage, or lease out all three units for turnkey cash flow!
Buy/Sell history for 1386 Woodward Ave, Ottawa, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $659,900 | N/A | For Sale | X14176702 |
Estimated value requires sign in
AI market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
Level not provided
Level not provided
Level not provided
Level not provided
Level not provided
Level not provided
Level not provided
Level not provided
Level not provided
Level not provided
Level not provided
Level not provided
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
Monthly Payment
$3,025
Total monthly payment
$3,414
Break-even down payment
100%
Expand Neighbourhood demographics to load Statistics Canada census charts.
Expand Market details to load neighbourhood price and activity trends.
$659,900
$659,900
CAD
Estimated market value
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.