Residential For Sale
391 Greenwood Avenue, Carlingwood - Westboro And Area, On K2a 0x4

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)
- Property Type:
- Residential
- Listing Type:
- For Sale
- Listing ID:
- X9515687
- Price:
- $1,260,000
- Status:
- Active
- Office Name:
- INNOVATION REALTY LTD.
- Property Sub Type:
- Duplex
- Roof:
- Asphalt Shingle
- Swimming Pool:
- None
- Cooling System:
- Central Air
- Basement:
- Finished, Full
- Parking:
- Unknown
- Architectural Style:
- 2-Storey
- Exterior Features:
- Deck
- Interior Features:
- Other
- Sewer:
- Sewer
- Country:
- US
- State:
- ON
- County:
- Ottawa
- City:
- Carlingwood - Westboro And Area
- Zipcode:
- K2A 0X4
- Street:
- GREENWOOD
- Street Number:
- 391
- Street Suffix:
- Avenue
- Zoning:
- RS3
- Direction Faces:
- North
- Directions:
- Between Roosevelt and Melbourne, 1 block south of Dovercourt. Alternatively, Churchill west on Greenwood OR Carling north on Cole to east on Greenwoo
- Construction Materials:
- Brick
- Foundation Details:
- Block
- Previous Price:
- 1290000
- Tax Annual Amount:
- 7521.0
- Mls Status:
- Price Change
- Modification Timestamp:
- 2025-06-17T01:22:19Z
- Originating System Name:
- TRREB