Welcome to this fully updated legal duplex with a permitted basement Secondary dwelling unit in the heart of Westboro of Ottawas most desirable neighbourhoods. Sitting on a wide 49' lot, this income-generating property features three spacious 2-bed/1-bath units, each with its own private driveway. With over $150K in recent renovations, including a luxury main-floor upgrade, excavated and structurally reinforced basement, and renovated second floor, this is a rare opportunity to own a low-maintenance, high-return asset. Steps from top schools, parks, trendy shops, westboro beach and transit, its ideal for savvy investors or multi-generational living. Fully tenanted with strong cash flow and a solid 5.2% cap rate, this is Westboro real estate done right. 2021 investments incl. luxuriously renovated Unit 1, improved entrance/common space, re-styled driveways & manicured grounds. Basement professionally excavated to increase ceiling height and reinforced with a structural buttress wall. All work completed with permits and inspections on file. Legal lower-level unit offers strong rental income potential, an excellent investment with lasting value. 2nd floor renovations (2024) new carpet on stairs ( 2024) electrical & plumbing (2023) , 3 new windows in the basement (2023). windows, roof )2019). Operionnal Surveillance system in the building ( 6 Cameras with DVR) included. shed included. Appealing cash flow, 3 meters; gas furnace, c/air, 2 hot water tanks, hardwood, vinyl windows throughout. Ideal for investors or seeking future multi-generational residence. All units currently tenanted. Shared coin laundry ( additional income ) Rents: Apt #1: $2250/m + hydro, Apt #2: 2150/m + hydro, Apt B: $2000/m . Exceptional opportunity in Ottawa's hottest neighbourhood! Set showing schedule +24hrs notice., Flooring: Hardwood, Flooring: Other (See Remarks)
For sale
C$1,260,000
391 Greenwood Ave, Ottawa, ON K2A 0X4
6beds
3baths
Duplex
Built in ----
-- sqft lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
Luxury main-floor upgradeRenovated second floorNew carpet on stairs
- 296 days
- on Zillow |
- 17 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: June 16, 2025 at 06:22pm
Listed by:
INNOVATION REALTY LTD.
Source: TRREB,MLS®#: X9515687
Originating MLS®#: Ottawa Real Estate Board

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Forced Air, Gas
Cooling
- Central Air
Features
- Other
- Basement: Full,Finished
- Has fireplace: No
Interior area
- Living area range: 2000-2500 null
Property
Parking
- Total spaces: 6
- Parking features: Unknown
Features
- Stories: 2
- Patio & porch: Deck
- Pool features: None
- Frontage length: 14.94
Lot
- Size: 3,235.32 Square Feet
- Features: Public Transit, Park, Fenced Yard
Details
- Parcel number: 040110054
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Brick
- Foundation: Block
- Roof: Asphalt Shingle
Utilities & green energy
- Sewer: Sewer
Community & HOA
Community
- Security: Unknown
Location
- Region: Ottawa
Financial & listing details
- Annual tax amount: C$7,521
- Date on market: 10/29/2024
- Loading