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$739,900
Ottawa
1849 Florida Avenue, Ottawa, Ontario, K1H6Y9
This 5-bedroom, 2-bathroom home in Ottawa is for sale offering roughly 1,300 sq ft of space. Its $739,900 asking price sits right in line with the $749,900 median in Ottawa. It has been on the market 22 days, fresher than the Ottawa average of 62 days.
Welcome to 1849 Florida Avenue, a fully renovated legal duplex on a quiet, tree-lined street in a highly sought-after, central Ottawa location. This home offers 5 bedrooms and 2 bathrooms across two self-contained units: a bright 3-bedroom, 1-bathroom main level and a 2-bedroom, 1-bathroom basement apartment, ideal for a mortgage helper, extended family, or a turnkey investment. The main level features vaulted ceilings, a bay window, and an updated kitchen with quartz countertops, custom cabinetry, stainless steel appliances, and an eat-in dining area. The primary bedroom includes a double closet, and a custom built-in TV unit with a granite countertop rounds out the living space. Downstairs, the spray-foam-insulated basement apartment is bright and legal, with a window in every room. It has its own full kitchen, living space, and laundry, plus a private side entrance completely separate from the main level. Each unit has its own electrical panel and meter, so tenants cover their own hydro. The basement unit is currently month to month to a long-term tenants. Recent updates include a new roof, furnace, A/C, exterior, windows, entrance door, and driveway. Outside, enjoy a fully fenced, beautifully landscaped, tree-shaded yard with a rear deck, parking for several vehicles, and two sheds, including one fully finished 10x10. A rare opportunity to property hack, generate rental income, or accommodate multi-generational living. Turnkey and move-in ready. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 22 days on market, against an average age of 62 days across the listings currently for sale in this city
This 5-bed single family in Ottawa has been listed for 22 days, which is 40 days fresher than the city average of 62. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $739,900, about 7.2× the local median household income of $103,000.
Carrying it typically needs a household income of about $144,528 (20% down, 25-yr amortization, stress-tested) — roughly 40% above the area median.
Source: Statistics Canada, 2021 Census (FSA K1H)
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Loading rates, 30-yr amortization
Cash Needed to Close
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