Address
378 Enfield Avenue, Ottawa, ON
Price
$ 655,000
Property Attributes
- ID#X13504376
- TypeSingle Family
- Listing Status Active
- MunicipalityOttawa
- CityOttawa
- Area3404 - Vanier
- Neighbourhood3404 - Vanier
- Postal CodeK1L 7L3
- StyleBungalow
- Price$ 655,000
- Bedrooms4+3
- Bathrooms4
- Half Bathrooms0
Data Source:
Canadian Real Estate Association (CREA)
Property Description
Welcome to 378 Enfield - a true cash-cow investment property with absolutely positive cash flow! CAP RATE: 7.50% Located in an R2L zoning area, this property offers exceptional development potential. With further design, it can be redeveloped into a multi-unit apartment building from 6 units. Currently generating a gross monthly income of approximately $5,750, detailed cashflow and expense form ready for reference for serious buyer. This property is fully managed by a professional property manager that has been handling all day-to-day operations smoothly - zero hassles for the owner. Completely renovated in 2023-2024, the home showcases upgraded plumbing, electrical, and HVAC systems, along with new insulation, fresh paint, and brand-new windows and doors throughout. Walking distance to Green & Fresh, Loblaws supermarket, Bus stations, RCMP headquarter, Canadian Cyber security center, around 2km to Ottawa University and one bus to Carleton University and surrounded by lots other amenities. This turnkey investment has been successfully operating for the past two years - a rare opportunity to own a high-performing, low-maintenance property with strong cash flow and future development upside! (id:7434)
General Features
| Property Type | Single Family |
|---|---|
| CommunityName | 3404 - Vanier |
| Building Architectural Style | Bungalow |
| Building Basement Features | Apartment in basement |
| Building Cooling Type | Central air conditioning |
| Location Description | North on Vanier Parkway, turn right on McArthur then right on Enfield |
| Parking Space Total | 5 |
| Foundation Type | Block |
| Building Type | House |
| Ownership Type | Freehold |
| Building.StoriesTotal | 1 |
Interior Features
| Building Fireplace Present | False |
|---|---|
| Building Heating Type | Forced air |
| Building Heating Fuel | Natural gas |
| Basement Type | N/A |
| Construction Style Attachment | Detached |
| Living Area Range | 700 |
| Bedrooms | 4+3 |
Exterior Features
| Sewer | Sanitary sewer |
|---|---|
| Exterior Finish | Aluminum siding |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in K1L 7L3
Price
