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1991 Banff Avenue
homes for sale · Ottawa · Ellwood
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$925,000

1991 Banff Avenue

Ellwood, Ottawa · MLS® X14029370

646

House · Multi-family · 11 days on market

listed by Erica Young, ROYAL LEPAGE TEAM REALTY

realtor's description

Rare opportunity to own a side-by-side duplex in an exciting up-and-coming neighbourhood! Vacant side-by-side duplex, ready for multiple opportunities, use your imagination! Situated on a spacious lot in a centrally located area just minutes from the LRT, shopping, restaurants, schools and everyday amenities, this property offers exceptional flexibility for investors and owner-occupants alike. Each vacant unit features 3 generous bedrooms, 2 bathrooms, an attached private garage, ample driveway parking, and its own fully fenced backyard backing onto park space for added privacy. The utilities are all metered separately. With both units vacant, you have the rare advantage of setting your own rents from day one, renovating to maximize value, or moving into one side while generating income from the other. Inside, both homes offer welcoming front foyers with convenient closet space, main floor powder rooms, and spacious, functional living areas perfect for families or tenants. Patio doors lead directly to the private backyard oasis, creating an ideal indoor-outdoor lifestyle. Upstairs, each unit boasts an oversized primary bedroom with a comfortable sitting area and direct access to the full bathroom, while the second and third bedrooms are generously sized to accommodate double beds with ease. Surrounded by homes undergoing extensive renovations and new construction, this rapidly transforming neighbourhood continues to attract homeowners and investors alike, making this an outstanding opportunity to build long-term wealth in a location with tremendous upside. Whether you're looking to expand your investment portfolio, renovate for increased value, or enjoy the financial advantages of living in one unit while renting the other, this versatile property offers endless possibilities at exceptional value. Book your showing today!

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property details

type
House, Multi-family
bedrooms
6
bathrooms
4
parking
6
property tax
$6,516 / yr
days on market
11
MLS®
X14029370

features

  • Dishwasher
  • Dryer
  • Hood Fan
  • Two stoves
  • Two Washers
  • Two Refrigerators

monthly cost

$4,573/mo
Mortgage $4,030 · Tax $543

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

estimated payment
$4,030/ monthly
loan $740,000
25-year amortization
total interest
$469,041
cash to close
$185,000
down payment; transfer tax and fees not included
total paid
$1,209,041

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

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

listed by
Erica Young
ROYAL LEPAGE TEAM REALTY
call Erica · 613-619-5713
Powered by: REALTOR.ca
▶ virtual tour

location

Ellwood, OttawaGoogle Maps ↗

location

Ellwood, OttawaGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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