Ottawa & Eastern OntarioNicolas Sigounis, REALTOR® · EXIT Realty Matrix, Brokerage

1295 Notting Hill Avenue Ottawa, Ontario K1V 6T5

5 Bedroom 2 Bathroom 700 - 1,100 sqft
Bungalow Central Air Conditioning, Air Exchanger Forced Air

$789,900

One property, multiple possibilities! Welcome to 1295 Notting Hill Avenue, a versatile investment opportunity in Ottawa's established Ellwood neighbourhood. Whether you're looking to expand your investment portfolio, offset your mortgage with rental income or explore multigenerational living, this property offers plenty of flexibility. The main-level residence features three bedrooms, a full bathroom, a kitchen and comfortable living space. Downstairs with a separate entrance, the legal secondary dwelling unit offers two additional bedrooms, a full bathroom and its own kitchen. Both units feature separate laundry facilities, providing added convenience and independence for occupants. Recent improvements, including updated kitchens, provide a solid starting point for the next owner. A covered front porch, and a private fully-fenced backyard offers an excellent space with a large deck for the BBQ and entertaining. Currently fully tenanted and generating $4,250 in monthly rental income ($51,000 annually), with $2,450 from the main level and $1,800 from the lower unit, this property offers an established income stream. Complete with carport parking and conveniently located near schools, parks, shopping, public transit and everyday amenities along Bank Street and Walkley Road. Rent both units, explore living in one while renting the other, or consider the possibilities for multigenerational living, subject to applicable tenancy requirements. Both units were fully-renovated in 2022 with new Furnace, AC, and HRV, both kitchens, flooring, etc. An opportunity to invest, add value and make the most of a property with plenty of potential! (id:67947)

Property Details

MLS® Number X14136124
Property Type Single Family
Neigbourhood Ellwood
Community Name 3803 - Ellwood
Amenities Near By Public Transit, Schools
Features In-law Suite
Parking Space Total 3
Structure Deck, Porch

Building

Bathroom Total 2
Bedrooms Above Ground 3
Bedrooms Below Ground 2
Bedrooms Total 5
Appliances Water Heater - Tankless, Water Heater, Dishwasher, Dryer, Hood Fan, Microwave, Two Stoves, Washer, Two Refrigerators
Architectural Style Bungalow
Basement Development Finished
Basement Features Apartment In Basement, Separate Entrance
Basement Type N/a, N/a (finished), Full, N/a
Construction Style Attachment Detached
Cooling Type Central Air Conditioning, Air Exchanger
Exterior Finish Brick
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 1
Size Interior 700 - 1,100 Sqft
Type House
Utility Water Municipal Water

Parking

Carport
No Garage

Land

Acreage No
Fence Type Fenced Yard
Land Amenities Public Transit, Schools
Sewer Sanitary Sewer
Size Depth 89 Ft ,9 In
Size Frontage 56 Ft ,9 In
Size Irregular 56.8 X 89.8 Ft
Size Total Text 56.8 X 89.8 Ft
Zoning Description R1s

Rooms

Level Type Dimensions
Lower Level Dining Room 3.36 m x 2.9 m
Lower Level Living Room 3.5 m x 2.57 m
Lower Level Primary Bedroom 4.12 m x 3.2 m
Lower Level Bedroom 2 3.36 m x 2.75 m
Lower Level Bathroom 2.49 m x 1.58 m
Lower Level Laundry Room 1.83 m x 1.83 m
Lower Level Foyer 3.36 m x 1.58 m
Lower Level Kitchen 3.54 m x 2.65 m
Main Level Living Room 6.15 m x 3.41 m
Main Level Kitchen 3.54 m x 2.65 m
Main Level Dining Room 3.54 m x 2.16 m
Main Level Primary Bedroom 3.79 m x 3.1 m
Main Level Bedroom 2 3.1 m x 2.8 m
Main Level Bedroom 3 2.8 m x 2.75 m
Main Level Bathroom 2.44 m x 1.9 m
Main Level Laundry Room 1 m x 1 m

https://www.realtor.ca/real-estate/30465400/1295-notting-hill-avenue-ottawa-3803-ellwood

Nicolas Sigounis, REALTOR®

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Nicolas SigounisREALTOR® · EXIT Realty Matrix, Brokerage

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Listing courtesy of Mark Hartley, RE/MAX Boardwalk Realty · Kristina Hartley, RE/MAX Boardwalk Realty

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Estimate only. This is not a rate offer or a mortgage approval. Payments use Canadian semi-annual compounding. Insurance premiums, taxes and rates can change, and legal fees, adjustments and other closing costs are not included. Confirm your numbers with your lender.