$1,050,000
Ottawa
301 Zephyr Avenue, Ottawa, Ontario, K2B5Z7
This multi-family property in Ottawa is for sale offering roughly 3,250 sq ft of space. It has been on the market 47 days, fresher than the Ottawa average of 62 days.
Welcome to 301 Zephyr Avenue, a unique multi-unit property in Ottawa's sought-after Britannia neighbourhood, offering an exceptional combination of lifestyle, flexibility, and income potential on one of the largest lots in the area. Currently configured as three separate living spaces-a four-bedroom plus den, a two-bedroom plus den, and a bachelor unit-this versatile property is well suited for investors, multi-generational families, or buyers looking to offset their mortgage with rental income. Each unit features its own private entrance, kitchen, convenient access to laundry, dedicated parking, and comfortable, functional living space. Two separate garages and additional driveway parking provide plenty of room for multiple households while maintaining privacy and convenience. At the rear of the property, a detached structure offers further potential for conversion into an additional living space, subject to applicable approvals, creating an exciting opportunity to enhance the property's long-term value and income potential. Whether you're looking to expand your investment portfolio, accommodate extended family, or enjoy homeownership with built-in income opportunities, 301 Zephyr Avenue offers remarkable versatility. The location completes the package. Enjoy being just steps from the Ottawa River and NCC pathways and within easy reach of Britannia Park, schools, transit, shopping, and everyday amenities. With an oversized lot, multiple living spaces, abundant parking, and future potential, this is a rare opportunity to own a truly flexible property in one of Ottawa's most distinctive communities. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 47 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 has been listed for 47 days, which is 15 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 $1,050,000, about 14.6× the local median household income of $72,000.
Carrying it typically needs a household income of about $205,102 (20% down, 25-yr amortization, stress-tested) — roughly 185% above the area median.
Source: Statistics Canada, 2021 Census (FSA K2B)
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Loading rates, 30-yr amortization
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