Gurvinder Nokwal REALTOR®
For Sale Detached 67 days on market

$579,900

Est. payment $2,568/moCalculate yours

978 Admiral Avenue, Carlington - Central Park, ON K1Z 6L9

5302 - Carlington, Carlington - Central Park, ON K1Z 6L9

  • 2 Beds
  • 2 Baths
  • 700 Sq Ft

Listing courtesy of PAUL RUSHFORTH REAL ESTATE INC. MLS® X13666060

About this home

Fully rented and generating immediate cash flow, this turnkey investment property features two self contained 1 bedroom, 1 bathroom units, with Unit A rented for $1,950/month and Unit B rented for $1,800/month, providing stable income from day one. Beautifully renovated and meticulously maintained, this versatile property offers exceptional value and long term potential in one of Ottawa’s most connected and sought after neighborhoods. Designed to appeal to today’s tenants, both units have been thoughtfully updated, minimizing future maintenance and maximizing rental appeal. Beyond the current income stream, new zoning bylaws may present future development opportunities, making this not only a strong cash flowing asset but also a strategic long term investment. Professionals and healthcare workers are consistently drawn to the unbeatable location, just steps from the Civic Hospital and the iconic Experimental Farm. Commuting is effortless with quick access to Highway 417, while nearby cycling paths and green spaces support an active urban lifestyle. On weekends, tenants can enjoy the vibrant cafés, restaurants, and amenities of Little Italy or spend time along the scenic shores of Dows Lake. Low maintenance, fully tenanted, and positioned in a thriving urban corridor, this is a rare opportunity to acquire a high performing Ottawa investment property with immediate income and future upside. Photos were taken prior to currents tenants. Some photos have been virtually staged.

Property details

Overview

Property Type
Detached
Style
2-Storey
For
For Sale
Status
Extension
Size
700 sqft

Interior

Bedrooms
2
Bathrooms
2
Kitchens
2
Basement
None

Building & Systems

Heating
Baseboard (Electric)
Cooling
None
Exterior
Vinyl Siding
Foundation
Concrete Block
Roof
Asphalt Shingle
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
25 x 100 Feet
Parking
None garage · 2 total

Financial

Property Taxes
$3,371 (2026)

Location

Neighbourhood
5302 - Carlington
Cross Street
Shillington
Direction Faces
West

Listing

MLS® Number
X13666060
Days on Market
67
Listed On
2026-08-12
Possession
Flexible
Listed By
PAUL RUSHFORTH REAL ESTATE INC.

Rooms

Room Level Dimensions
Living Room Second 15′ 5″ × 6′ 4″
Kitchen Second 11′ 5″ × 12′ 6″
Living Room Main 11′ 1″ × 19′ 0″
Bedroom Main 9′ 7″ × 10′ 10″
Kitchen Main 11′ 2″ × 15′ 7″
Bedroom 2 Second 8′ 2″ × 15′ 8″
Bathroom Second 3′ 7″ × 9′ 0″
Bathroom Main 6′ 10″ × 10′ 7″

Features

Interior

  • None

Pool

  • None
Included
2 refrigerators, 2 stoves, 2 dishwashers, 2 washers, 2 dryers, microwave, hood fan
Excluded
Tenants belongings
Rental items
Hot water tank

Mortgage calculator

Minimum for this price: $32,990 (5.69%)

Amortization, years

Estimated mortgage payment

$2,568 per month

Principal and interest
$2,568
Property tax
$281
Estimated monthly cost
$2,849

Your mortgage

Mortgage amount
$463,920
Mortgage insurance
Not needed
Interest over 25 years
$306,382

Cash to close

Down payment
$115,980
Land transfer tax
$8,073
Total, before legal fees
$124,053
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

978 Admiral Avenue, Carlington - Central Park, ON K1Z 6L9 5302 - Carlington, Carlington - Central Park, ON K1Z 6L9
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$579,900 978 Admiral Avenue, Carlington - Central Park, ON K1Z 6L9
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