3653 Albion Road, Ottawa, photo 1 1 / 24

$969,900

3653 Albion Road

Sawmill Creek/Timbermill, Ottawa, ON K1T1A4 · MLS® X13722164

  • 5Bedrooms
  • 3Bathrooms
  • 5Parking

About this property

Income-Generating Bungalow with Legal Basement Apartment & Development Potential; welcome to 3653 Albion Road, a fantastic opportunity for homeowners, investors and developers alike! This well-located 3-bedroom bungalow offers comfortable main-floor living along with a recently finished legal basement apartment featuring a separate entrance and separate Hydro meter. The basement apartment includes 2 bedrooms, a kitchen, living area, and 2 bathrooms, providing an excellent opportunity for rental income or extended-family living.The property also features a very deep backyard, offering plenty of outdoor space and significant future potential. With N2B zoning, the property presents an attractive opportunity for buyers looking to explore future redevelopment possibilities, subject to City of Ottawa approvals and applicable zoning requirements. Convenient location close to Bank Street and Hunt Club Road, minutes to South Keys Shopping Centre, easy access to Ottawa International Airport, public transit, shopping, restaurants, schools and major roadways. Whether you're looking for a home with income potential, a property suitable for multigenerational living, or an investment with future development possibilities, 3653 Albion Road offers a unique combination of location, functionality and opportunity. A great opportunity for homeowners and investors - don't miss it! (id:65933)

Type
House
Category
Single Family
Annual taxes
$4,097
Updated
Nov 1, 2026

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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 Innovation Realty Ltd..

Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.

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