$549,900
508 - 397 Codds Road
CFB Rockcliffe and Area, Ottawa
- 2 bd
- 2 ba
- Condo apartment
1 / 15
$359,999
CFB Rockcliffe and Area, Ottawa, ON K1K0S9 · MLS® X13737730
Excellent investment opportunity or perfect starter home! This spacious ground-floor corner unit features a versatile layout with 2 bedrooms plus an enclosed living room that can serve as a third bedroom, maximizing occupancy and rental potential. Enjoy a beautifully updated kitchen with quartz countertops, plenty of natural light from oversized windows, and the convenience of in-unit laundry. The corner-unit location provides added privacy and brightness. Just steps from major employers and institutions including CMHC, Montfort Hospital, NRC, CSIS, and La Cité Collégiale. Direct transit access makes commuting to downtown Ottawa and Blair O-Train Station simple and convenient. Don't miss this fantastic opportunity in a highly convenient location! Also includes 1 parking space. (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 Details Realty Inc..
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.