378 Enfield Ave

For Sale New 4 hours
$700,000
7 beds
4 baths

378 Enfield Ave

For Sale New 4 hours
$700,000
7 beds
4 baths

Highlights

Key insights

Description

Welcome to 378 Enfield - a true cash-cow investment property with absolutely positive cash flow! Located in an R2L zoning area, this property is legally approved as a rooming house with up to 7 bedrooms and also offers exceptional development potential. With further design, it can be redeveloped into a multi-unit apartment building from 6 units. Currently generating a gross monthly income of approximately $5,500, detailed cashflow and expense form ready for reference for serious buyer. This property is fully managed by a powerful professional property manager that has been handling all day-to-day operations smoothly - zero hassles for the owner. The main floor features 4 bedrooms, 2 bathrooms, a spacious kitchen, laundry room, and a bright living area. The basement includes 3 additional bedrooms, 2 bathrooms, and a full kitchen, ideal for flexible rental arrangements. Completely renovated in 2023, the home showcases upgraded plumbing, electrical, and HVAC systems, along with new insulation, fresh paint, and brand-new windows and doors throughout. Walking distance to Green & Fresh, Loblaws supermarket, Bus stations, RCMP headquarter, Canadian Cyber security center, around 2km to Ottawa University and one bus to Carleton University and surrounded by lots other amenities. This turnkey investment has been successfully operating for the past two years - a rare opportunity to own a high-performing, low-maintenance property with strong cash flow and future development upside! (id:63267)

Wang Meng of HOME RUN REALTY INC.,
#X12476100
updated 10 hours ago.
Houseful checked MLS® for data 10 hours ago.

Home overview

Amenities / Utilities
  • Cooling
    Central air conditioning
  • Sewer/ septic
    Sanitary sewer
Exterior
  • # total stories
    1
  • # parking spaces
    5
  • Has garage (y/n)
    Yes
Interior
  • # full baths
    4
  • # total bathrooms
    4.0
  • # of above grade bedrooms
    7
Location
  • Subdivision
    3404 - vanier
Overview
  • Lot size (acres)
    0.0
  • Listing #
    X12476100
  • Property sub type
    Single family residence
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/29018998/378-enfield-avenue-ottawa-3404-vanier
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-1,867

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25 Years fixed, 20% down payment, % interest
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