1031 Carling Av - Apartments FOR SALE


Ottawa, ON K1Y 4E8- Westboro
$999,900 CAD
877-745-3016
1031 Carling Av, Ottawa, ON for Sale
$999,900 CAD
Apartments - FOR SALE
1/50
null | 4.87% Cap Rate

1031 Carling Av
Ottawa, ON K1Y 4E8
Westboro


HIGHLIGHTS

  • Zoned R4, allowing for low-rise apartment buildings and moderate-density residential development.
  • Permits a mix of townhouses, semi-detached, and stacked dwellings.
  • Ideal for infill projects in established urban neighborhoods.
  • Supports multi-unit housing, addressing Ottawa's growing housing demand.
  • Located near key amenities and public transit, boosting development appeal.
  • Offers flexibility for residential redevelopment within a central Ottawa location.

OVERVIEW

Exceptional Investment Opportunity Fully Renovated Century Home with 3 Legal UnitsT his beautifully retrofitted Century home seamlessly blends historic charm with modern upgrades, offering a rare opportunity to own a fully renovated, code-compliant multi-unit property. Featuring over $300,000 in high-quality renovations, this unique residence includes:A 1-bedroom basement apartment A main-floor 1-bedroom apartment A spacious 2-bedroom upper-level apartment with a loft-style family room Each unit is self-contained with in-unit laundry, and all renovations were thoughtfully completed to preserve the homes original architectural character.Additional features include:Mixed flooring with hardwood and laminate throughout. Upgraded 200 AMP electrical service. All plumbing and piping replaced. A newly added powder room in the main-floor apartment New kitchen and laundry room in the upper-level unitOne garage space plus a second exterior parking spot on the newly expanded and paved driveway. The exterior is equally impressive with:Fresh exterior paint and new stairs to the second-floor apartment. A full retaining wall system at the front and side of the home A newly interlocked walkway leading to both the main and basement entrances. Professionally landscaped front yard with new sod and custom flower beds. This turnkey property is ideal for investors or multi-generational living, combining modern amenities, structural upgrades, and timeless character in a prime location.

FOR SALE DETAILS

PRICE

$999,900 CAD

PRICE/SF

$556 CAD /SF

# OF UNITS

3

PRICE/UNIT

$333,300

CAP RATE

4.87%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1940

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,234 SF

ZONING

R4

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Caroline RisiRoyal Lepage Integrity RealtyMore Info
877-745-3016

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Caroline RisiRoyal Lepage Integrity RealtyMore Info
877-745-3016

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.