Living (3.41 × 6.15)
Level: Main
Ellwood, Ottawa, Ontario K1V 6T5
One property, multiple possibilities! Welcome to 1295 Notting Hill Avenue, a versatile investment opportunity in Ottawa's established Ellwood neighbourhood. Whether you're looking to expand your investment portfolio, offset your mortgage with rental income or explore multigenerational living, this property offers plenty of flexibility. The main-level residence features three bedrooms, a full bathroom, a kitchen and comfortable living space. Downstairs with a separate entrance, the legal secondary dwelling unit offers two additional bedrooms, a full bathroom and its own kitchen. Both units feature separate laundry facilities, providing added convenience and independence for occupants. Recent improvements, including updated kitchens, provide a solid starting point for the next owner. A covered front porch, and a private fully-fenced backyard offers an excellent space with a large deck for the BBQ and entertaining. Currently fully tenanted and generating $4,250 in monthly rental income ($51,000 annually), with $2,450 from the main level and $1,800 from the lower unit, this property offers an established income stream. Complete with carport parking and conveniently located near schools, parks, shopping, public transit and everyday amenities along Bank Street and Walkley Road. Rent both units, explore living in one while renting the other, or consider the possibilities for multigenerational living, subject to applicable tenancy requirements. Both units were fully-renovated in 2022 with new Furnace, AC, and HRV, both kitchens, flooring, etc. An opportunity to invest, add value and make the most of a property with plenty of potential!
Listing activity for 1295 Notting Hill Ave, Ottawa, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $789,900 | N/A | For Sale | X14136124 |
Level: Main
Eat-In Kitchen · Breakfast Bar
Level: Main
Open Concept · O/Looks Backyard
Level: Main
Level: Main
Level: Main
Level: Main
4 Pc Bath
Level: Main
Level: Main
Level: Lower
Level: Lower
Level: Lower
Level: Lower
Level: Lower
Level: Lower
4 Pc Bath
Level: Lower
Level: Lower
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Rideau Valley Conservation Authority · Municipal flood mapping · Province of Ontario open data
Province of Ontario open data
Province of Ontario open data · Municipal transit open data
Province of Ontario open data · Government of Canada open data
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – City of Ottawa. Contains information licensed under the Open Government Licence – Ontario.
Monthly Payment
$3,621
Total monthly payment
$4,056
Break-even down payment
100%
Expand Neighbourhood demographics to load Statistics Canada census charts.
$789,900
$789,900
CAD
Estimate unavailable
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.