447 - 449 Green Avenue, Ottawa, photo 1 1 / 24

$1,595,000

447 - 449 Green Avenue

Rockcliffe, Ottawa, ON K1M1L1 · MLS® X13804568

  • 10Bedrooms
  • 8Bathrooms
  • 1Parking

About this property

Located in highly sought-after Lindenlea, this substantial side-by-side duplex presents an exceptional opportunity for investors or owner-occupiers seeking a versatile income-producing property in one of Ottawa's most established residential areas. Offering two well-appointed units with bright interiors, functional modern floor plans, hardwood and laminate flooring, granite finishes, and two private rear gardens, the property provides excellent flexibility. Live comfortably in one side while generating income from the other, accommodate multi-generational living, or operate the property as a traditional long-term rental investment. Both units also feature walk-out lower levels, providing valuable additional living space ideal for a family room, home office, teenage retreat, or other flexible uses. The lower levels may also offer potential for additional rental income.The location is equally compelling. Just minutes from the restaurants, cafés, and shops of Beechwood Village, excellent schools in Rockcliffe Park, Rideau Hall, Global Affairs Canada, Parliament Hill, and Ottawa's downtown business centre, the property offers convenient access to major employment, institutional, and cultural destinations. Nearby parks, pathways, and cycling routes further enhance the area's residential appeal.With two independent residences, private outdoor spaces, flexible living arrangements, and the ability to combine home ownership with rental income, this property offers a rare combination of lifestyle, flexibility, and investment potential. See it today! (id:65933)

Type
Duplex
Category
Multi-family
Annual taxes
$9,656
Updated
Oct 16, 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 Royal Lepage Team Realty.

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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