$689,900
811 Adams Avenue
Elmvale Acres, Ottawa
- 2 bd
- 2 ba
- House
1 / 17
$874,900
Elmvale Acres, Ottawa, ON K1G2Y1 · MLS® X13672382
Fully renovated bungalow on a large 50' x 100' lot, featuring a legal Secondary Dwelling Unit with Occupancy Permit on file and exceptional contemporary finishes throughout. Ideally located near CHEO, The Ottawa Hospital General Campus, public transit, shopping, schools, and parks. The bright main-floor unit offers 3 bedrooms, 1 bathroom, a stylish open-concept kitchen, dining and living area, in-suite laundry, and private deck. The lower unit features 2 bedrooms, 1 bathroom, a modern updated kitchen, and bright open-concept living space. Thoughtfully renovated from top to bottom with modern kitchens, updated bathrooms, quality finishes, and a clean, sophisticated design. Ample parking and two separate hydro meters complete this turnkey investment property with excellent rental potential. (id:65933)
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Estimate only, not financial advice. Rent is reduced by vacancy, then management is taken on the rent collected; net operating income = that, less property tax and other costs; cap rate = net operating income ÷ price; cash flow also subtracts the mortgage (semi-annual compounding, as Canadian mortgages use). Vacancy default: CMHC Rental Market Report, Ottawa, October 2025.
Listed by Re/Max Hallmark Realty Group.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.