978 Admiral Avenue
5302 - Carlington · Carlington - Central Park · ON · K1Z 6L9
On market 84 days
About this property
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.
Key facts
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Open houses
No upcoming open houses.
Property details
Rooms & baths
- Bedrooms above / below
- 2
Parking & garage
- Total
- 2
Lot
- Width / Depth
- 25 ft
Taxes & fees
- Taxes
- $3,371/yr
Overview
- Property type
- Detached
- Style
- 2-Storey
Rooms
8 rooms on 2 level s
| Type | Dimensions | Features |
|---|---|---|
| Main | ||
| Bathroom | 6'10" × 10'7" | 4 Pc Bath |
| Bedroom | 9'7" × 10'10" | |
| Kitchen | 11'2" × 15'7" | |
| Living Room | 11'1" × 19' | |
| Second | ||
| Bathroom | 3'7" × 9' | 3 Pc Bath |
| Kitchen | 11'5" × 12'6" | |
| Living Room | 15'5" × 6'4" | |
| Bedroom 2 | 8'2" × 15'8" | |
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Location
Market Overview
Carlington - Central Park
Listing data provided by the Toronto Regional Real Estate Board (TRREB).
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The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
Last updated: November 4, 2026.