1197 Maitland Avenue, Ottawa, Ontario, K2C2B8




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$889,000
Ottawa
This multi-family property in Ottawa is for sale offering roughly 2,750 sq ft of space.
Welcome to 1197 Maitland, a well-maintained legal duplex that has been lovingly cared for by the same family for many years. Pride of ownership is evident throughout, with numerous upgrades completed over time.The move-in-ready ground-floor apartment offers the perfect opportunity for an owner-occupant, while the upper apartment and basement apartment provide excellent rental income potential. Each unit features separate hydro meters and its own laundry, offering added convenience and privacy for tenants.Whether you're looking to live in one unit while generating rental income or expand your investment portfolio, this versatile property presents an exceptional opportunity. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 121 days on market, against an average age of 62 days across the listings currently for sale in this city
This 7-bed multi-family in Ottawa is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $889,000, about 10.3× the local median household income of $86,000.
Carrying it typically needs a household income of about $173,653 (20% down, 25-yr amortization, stress-tested) — roughly 102% above the area median.
Source: Statistics Canada, 2021 Census (FSA K2C)
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Loading rates, 30-yr amortization
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