391 Greenwood Avenue
5105 - Laurentianview
Carlingwood - Westboro and Area
K2A 0X4
$1,199,999
Residential Freehold
beds: 5
baths: 3.0
- Status:
- Active
- Prop. Type:
- Residential Freehold
- MLS® Num:
- X13812090
- Bedrooms:
- 5
- Bathrooms:
- 3
- Photos (15)
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Prime Westboro Income Opportunity! A rare chance to acquire a well-maintained, fully updated, all-brick legal duplex with a permitted basement secondary dwelling unit, ideally situated on a 49.02' x 66.0' lot in one of Ottawa's most desirable urban neighbourhoods.The property features two spacious two-bedroom units plus one one-bedroom lower unit, with the basement secondary dwelling unit added in 2024. Two driveways provide ample parking, each unit is separately hydro-metered, and all units are equipped with air conditioning.The property generates approximately $80,400 in annual gross rental income. Based on seller-provided operating expenses,the estimated Net Operating Income is approximately $60,775.63 per year, representing an estimated 5.07% cap rate. With refreshed interiors, strong in-place income, and a premium Westboro location, this is an attractive long-term investment opportunity for buyers seeking both immediate cash flow and future upside.The property may also offer additional intensification potential, including the possibility of another secondary dwelling unit or coach house/garden-suite-style development, subject to applicable zoning, planning, building code requirements, and municipal approvals. Buyer to independently verify all permitted uses and development potential.
- Property Type:
- Residential Freehold
- Property Sub Type:
- Triplex
- Home Style:
- 2-Storey
- Total Approx Floor Area:
- 1500-2000
- Lot Depth:
- 66'20.1 m
- Lot Frontage:
- 49'14.9 m
- Direction Faces:
- South
- Bedrooms:
- 5
- Bathrooms:
- 3.0
- Water supply:
- Municipal
- Kitchens:
- 3
- Bedrooms Above Grade:
- 5
- Kitchens Above Grade:
- 3
- Rooms Above Grade:
- 15
- Heating type:
- Forced Air
- Heating Fuel:
- Gas
- Foundation:
- Concrete Block
- Roof:
- Asphalt Shingle
- Basement:
- Separate Entrance
- Fireplace/Stove:
- No
- Garage:
- None
- Garage Spaces:
- 0.0
- Parking Spaces:
- 8
- Total Parking Spaces:
- 6.0
- Family Room:
- Yes
- Possession Details:
- Flexible
- Pool:
- None
- HST Applicable To Sale Price:
- Included In
- Assessment Year:
- 2025
- Taxes:
- $7,620 / 2025
- Assessment:
- $- / 2025
- Ottawa
- Carlingwood - Westboro and Area
- 5105 - Laurentianview
- Carpet Free, Separate Hydro Meter, Sump Pump, Water Heater
- Furnance & HWT
- Brick
- No
- Special Designation:
- Unknown
- Sewers:
- Sewer
- Air Conditioning:
- Central Air
- Central Vacuum:
- No
- Seller Property Info Statement:
- Yes
- Laundry Level:
- Lower Level
- Date Listed:
- Sep 22, 2026
Larger map options:
Listed by INNOVATION REALTY LTD.
Data was last updated September 22, 2026 at 03:15 PM (UTC)
- RACHEL HAMMER
- ROYAL LEPAGE TEAM REALTY
- 1 (613) 371-8908
- Contact by Email
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