978 Admiral Avenue

ActiveCarlington - Central Park · 5302 - Carlington52 days on marketMLS® X13446582

$599,900

$857 / sq ft

Bedrooms2

Bathrooms2

Interior700 sq ft

Lot Size2,500 sq ft

TypeSingle Family Home

ListingFor Sale

Days on Market52

About this property

Fully rented and generating immediate cash flow, this turnkey investment property features two self contained 1 bedroom, 1 bathroom units, with Unit A rented for $1,950/month and Unit B rented for $1,800/month, providing stable income from day one. Beautifully renovated and meticulously maintained, this versatile property offers exceptional value and long term potential in one of Ottawa's most connected and sought after neighborhoods. Designed to appeal to today's tenants, both units have been thoughtfully updated, minimizing future maintenance and maximizing rental appeal. Beyond the current income stream, new zoning bylaws may present future development opportunities, making this not only a strong cash flowing asset but also a strategic long term investment. Professionals and healthcare workers are consistently drawn to the unbeatable location, just steps from the Civic Hospital and the iconic Experimental Farm. Commuting is effortless with quick access to Highway 417, while nearby cycling paths and green spaces support an active urban lifestyle. On weekends, tenants can enjoy the vibrant cafés, restaurants, and amenities of Little Italy or spend time along the scenic shores of Dows Lake. Low maintenance, fully tenanted, and positioned in a thriving urban corridor, this is a rare opportunity to acquire a high performing Ottawa investment property with immediate income and future upside. Photos were taken prior to currents tenants. Some photos have been virtually staged.

Features & finishes

View

Air Conditioning

Basement

Property details

MLS® Number	X13446582
Status	Active
Listing Type	For Sale
Property Type	Single Family Home
Interior Size	700 sq ft
Lot Size	2,500 sq ft
Beds / Baths	2 bed · 2 bath
Neighbourhood	5302 - Carlington
City	Carlington - Central Park
Postal Code	K1Z 6L9
Province	ON
Listed Date	June 15, 2026
Days on Market	52
Price per Sq Ft	$857
Brokerage	PAUL RUSHFORTH REAL ESTATE INC.