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1308 Shillington Avenue
homes for sale · Ottawa · Carlington
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$895,000

1308 Shillington Avenue

Carlington, Ottawa · MLS® X13781178

436

House · Multi-family · 40 days on market

listed by Steve Brouse, COLDWELL BANKER SARAZEN REALTY

realtor's description

A solid brick, income-producing non-conforming triplex situated on a generous 6,717 sq ft lot with Mainstreet zone 1 (MS1) zoning, allowing a range of commercial uses and unlocking significant future development potential. The property is fully tenanted; however, two tenants have provided notice. Units are actively being re-leased but vacant possession could be arranged. The building has been well maintained, with major upgrades completed in 2011, including plumbing, electrical, windows, kitchens, and bathrooms. Additional improvements include a sprinkler system, spray-foam insulation in the basement, and two new high-efficiency furnaces installed in 2025. Flooring consists of hardwood, and tiling. The property offers two driveways, ample parking, and a large rear yard extending behind the adjacent property. With 70 feet of frontage, the site may support further development. Located just off Merivale Road, this is a prime position near the Westgate Mall redevelopment, with easy access to public transit, the bicycle path running along the Experimental Farm to Carleton University, and shopping along Carling and Merivale. An excellent addition to any portfolio, with strong income today and compelling upside in a rapidly regenerating neighbourhood. 24-hour notice required for showings. Units : One 3-storey, 1-bedroom townhouse-style unit with private entrance and fenced yard. Currently rented at $1,695/month. The third floor offers potential to dormer for additional bedroom space. One 2-storey, 2-bedroom apartment currently rented at $1,900/month. One main-floor bachelor apartment rented at $1,375/month. Expenses - Insurance: $3,655.00, Taxes: $4,680.27, Hydro: $390.22, Gas: $919.08, Water: $1,485.01 *Some photos have been virtually edited to remove personal items and reduce clutter*

property details

type
House, Multi-family
bedrooms
4
bathrooms
3
parking
6
property tax
$4,680 / yr
days on market
40
MLS®
X13781178

features

  • Washer
  • Refrigerator
  • Stove
  • Dryer
  • Hood Fan

monthly cost

$4,289/mo
Mortgage $3,899 · Tax $390

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$3,899/ monthly
loan $716,000
25-year amortization
total interest
$453,829
cash to close
$179,000
down payment; transfer tax and fees not included
total paid
$1,169,829

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Carlington, OttawaGoogle Maps ↗

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
Steve Brouse
COLDWELL BANKER SARAZEN REALTY
call Steve · 613-850-6522
Powered by: REALTOR.ca

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Carlington, OttawaGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

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