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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
    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)
    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®#: X9515687MLS LogoOriginating 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
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