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$885,000
Est. payment /mo
5 Beds
4 Baths
1,500 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500 - 2000
Square Footage 1,500 sqft
Price per Sqft $590
Subdivision 5301 - Carlington
MLS® Listing ID X13146688
Bedrooms 5
Half Baths 1
Property Description
1400 Mayview Avenue offers a rare opportunity to acquire a newer-built income property in the heart of Carlington - a neighbourhood where most competing duplexes and investment properties are significantly older and often require major updates and ongoing capital improvements. Built approximately 5 years ago, this modern property stands out for its combination of strong rental income, lower maintenance ownership, and exceptional central location. Currently generating approximately $5,000/month + hydro ($3,000 upper unit / $2,000 lower unit), it presents an outstanding opportunity for investors and owner-occupiers alike. The upper unit features a spacious and bright 3-bedroom, 3-bathroom layout with contemporary finishes, open-concept living space, large windows, and modern design throughout. The lower unit offers a highly desirable 2-bedroom, 1-bathroom layout with excellent rental appeal and strong income potential. Unlike many older income properties in the area, 1400 Mayview offers the advantages of newer construction, modern systems, improved efficiency, and reduced maintenance concerns - making it an ideal option for investors seeking a more turnkey asset with strong cash flow. For owner-occupiers, this property creates a unique opportunity to live in one of Ottawa's most central and rapidly evolving neighbourhoods while significantly offsetting mortgage costs with rental income from the secondary suite. Located minutes from the Civic Hospital, Experimental Farm, parks, transit, shopping, downtown Ottawa, and major amenities, this is a rare blend of location, modern construction, and income performance in a highly sought-after urban setting. (id:24570)
Location
Province ON
Rooms
Kitchen 2.0
Extra Room 1 Second level 5.86 m X 3.73 m Primary Bedroom
Extra Room 2 Second level 3.09 m X 3.2 m Bedroom 2
Extra Room 3 Second level 4.21 m X 5.2 m Bedroom 3
Extra Room 4 Basement 2.94 m X 2.66 m Bedroom
Extra Room 5 Basement 3.12 m X 1.37 m Utility room
Extra Room 6 Basement 5.02 m X 2.36 m Kitchen
Interior
Heating Forced air
Cooling Central air conditioning
Exterior
Parking Features Yes
View Y/N No
Attached Garage Yes
Total Parking Spaces 3
Garage Yes
Private Pool No
Building
Story 2
Sewer Sanitary sewer
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Listed by RE/MAX DELTA REALTY TEAM
NEARBY SCHOOL & BUSINESS
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