7 Gwynne Ave

For Sale New 11 hours
$1,689,900
4 beds
4 baths

7 Gwynne Ave

For Sale New 11 hours
$1,689,900
4 beds
4 baths

Highlights

Key insights

Description

UNDER CONSTRUCTION - Charming brownstone-inspired design investment property in the heart of the Civic Hospital neighbourhood, perfectly positioned for steady rental demand from medical staff, students and urban professionals. This two-unit building features a generous 3-bedroom, 3-floor duplex (Unit 1) plus a bright 1-bed/1bath apartment (Unit 2). Expected 3.8% cap rate; tenants pay all utilities. Property highlights: Unit 1: Three bedrooms spread over three floors bright, townhouse-style layout with classic brownstone curb appeal Unit 2: One bedroom, one bathroom efficient and easy to lease Attractive façade and modern interior finishes (brownstone-modelled design)Tenants responsible for all utilities simplifies owner expenses and management Ideal investment for doctors, nurses or investors seeking close proximity to healthcare employment Neighbourhood & lifestyle: In the Civic Hospital area steps to The Ottawa Hospital (Civic campus) and rapid access to transit Short walk to Little Italy: excellent cafés, authentic Italian restaurants and specialty grocers for memorable dining and shopping Scenic walks along the Rideau Canal and around Dows Lake spectacular tulip displays each spring and beautiful water views year-round Central Experimental Farm and its botanical gardens: peaceful walking paths and seasonal displays right nearby Enjoy skating on the 7.8 km Rideau Canal Skate way in winter and lively outdoor recreation in warmer months Investment notes: Expected cap rate: 3.8% (prospective buyers should verify figures and review income/expense statements)Strong tenant pool due to proximity to hospitals, research and schools For full financials, floor plans and to schedule a showing, contact the listing agent. This is a rare opportunity to own a stylish, income-producing property in one of the city's most desirable, walkable neighbourhoods. (Under construction, expected completion November 30th, 2025) Raised basement apartment 602 sqft. Simi-detached (id:63267)

Caroline Risi of ROYAL LEPAGE INTEGRITY REALTY,
#X12388102
updated 8 hours ago.
Houseful checked MLS® for data 8 hours ago.

Home overview

Amenities / Utilities
  • Cooling
    Central air conditioning
  • Heat source
    Natural gas
  • Heat type
    Forced air
  • Sewer/ septic
    Sanitary sewer
Exterior
  • # total stories
    3
Interior
  • # full baths
    3
  • # half baths
    1
  • # total bathrooms
    4.0
  • # of above grade bedrooms
    4
Location
  • Subdivision
    4504 - civic hospital
Overview
  • Lot size (acres)
    0.0
  • Listing #
    X12388102
  • Property sub type
    Multi-family
  • Status
    Active
Rooms Information metric
  • Kitchen
    3.9m X 3.3m
    Level: 2nd
  • Great room
    5.6m X 5.5m
    Level: 2nd
  • 3rd bedroom
    3.6m X 3.2m
    Level: 3rd
  • Bathroom
    3.2m X 1.5m
    Level: 3rd
  • Primary bedroom
    4.4m X 4m
    Level: 3rd
  • Foyer
    2.3m X 2.3m
    Level: Ground
  • Utility
    2.3m X 2.2m
    Level: Ground
  • Bathroom
    2.5m X 1.8m
    Level: Ground
  • Laundry
    2.9m X 2.9m
    Level: Ground
  • 3rd bedroom
    3m X 2.7m
    Level: Ground
  • Living room
    4.15m X 3.1m
    Level: Lower
  • Bathroom
    2.2m X 1.7m
    Level: Lower
  • Bedroom
    3.3m X 3.1m
    Level: Lower
  • Kitchen
    2.2m X 3m
    Level: Lower
  • Utility
    1.6m X 1m
    Level: Lower
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28828870/7-gwynne-avenue-ottawa-4504-civic-hospital
  • 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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$-4,506

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25 Years fixed, 20% down payment, % interest
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