$559,900
Ottawa
333 Levis Avenue, Ottawa, Ontario, K1L6G9
This multi-family property in Ottawa is for sale offering roughly 2,250 sq ft of space. It has been on the market 40 days, fresher than the Ottawa average of 62 days.
SET YOUR OWN RENTS - STRONG CASH FLOW OPPORTUNITY! Look no further than this income-generating duplex, perfectly positioned on a spacious 42.45 ft x 89.83 ft lot bursting with development potential - a rare find for savvy investors looking to build long-term equity and cash flow in one package. The main level unit boasts a generous 4-bedroom layout with a full bathroom and in-unit laundry, offering ample space for a family or roommate setup, while the fully finished basement adds a 5th bedroom and a second full bathroom maximizing rental potential and flexibility. Upstairs, the second level unit features 2 bright bedrooms, 1 full bathroom, a well-appointed kitchen, and the added convenience of in-unit laundry. Both units are separately metered for hydro, giving owners flexibility and reduced utility overhead. The entire property has been freshly painted throughout and features a brand-new 2025 A/C unit, meaning less upkeep and more peace of mind from day one. A newer shed is also included with the purchase, offering great additional storage space. With 7 bedrooms and 3 bathrooms total, this property is built for hassle-free, high-demand rental income. Situated in a thriving, rapidly developing neighborhood, it's just minutes from major university, the downtown core, public transit, restaurants, and everyday shopping and amenities - everything tenants look for in a rental. Lots of this size, configuration, and development upside are increasingly hard to find in this market. Whether you're expanding your portfolio or purchasing your first income property, this is a rare opportunity you don't want to miss. Book your private showing today - opportunities like this don't last long! (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 40 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 40 days, which is 22 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 $559,900, about 8.9× the local median household income of $63,200.
Carrying it typically needs a household income of about $109,368 (20% down, 25-yr amortization, stress-tested) — roughly 73% above the area median.
Source: Statistics Canada, 2021 Census (FSA K1L)
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.