Skip to content

378 ENFIELD AVENUE, Ottawa

7 BEDS · 4 BATHS · 700 - 1100 sqft

$655,000

Welcome to 378 Enfield - a true cash-cow investment property with absolutely positive cash flow! CAP RATE: 7.50% Located in an R2L zoning area, this property offers exceptional development potential. With further design, it can be redeveloped into a multi-unit apartment building from 6 units. Currently generating a gross monthly income of approximately $5,750, detailed cashflow and expense form ready for reference for serious buyer. This property is fully managed by a professional property manager that has been handling all day-to-day operations smoothly - zero hassles for the owner. Completely renovated in 2023-2024, the home showcases upgraded plumbing, electrical, and HVAC systems, along with new insulation, fresh paint, and brand-new windows and doors throughout. Walking distance to Green & Fresh, Loblaws supermarket, Bus stations, RCMP headquarter, Canadian Cyber security center, around 2km to Ottawa University and one bus to Carleton University and surrounded by lots other amenities. This turnkey investment has been successfully operating for the past two years - a rare opportunity to own a high-performing, low-maintenance property with strong cash flow and future development upside!

General Info


MLS Listing ID: X13504376 Bedrooms: 7 Bathrooms: 4 Year Built: 0
Listing Type: Single Family Half Baths: N/A Fireplace Fuel: N/A Maintenance Fee: N/A
Foundation: Block Roof: N/A Title To Land: Freehold Parking Space Total: 5
Parking: N/A Heating: Forced air Size: 700 - 1100 sqft Air Conditioning : Central air conditioning
Home Style: N/A Finished Floor Area: N/A Fireplaces: N/A Basement: N/A
Water Supply: Municipal water Road Type: N/A Pool Type: N/A

Mortgage Calculator


Disclaimer: NOTE: ©1998-2019 The Canadian Real Estate Association. All rights reserved. REALTOR®, REALTORS®, and all related graphics are trademarks of REALTOR® Canada Inc. a corporation owned by The Canadian Real Estate Association and the National Association of REALTORS®.

CONTACT ME

CONTACT FORM