378 Enfield Avenue,Vanier and Kingsview Park, ON K1L 7L3
Vanier and Kingsview Park, ON K1L 7L3
Description
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!
Details
| MLS # | X13504376 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Price Change |
| Year | 0 |
| Days On Site | 59 |
| Listing Provided By | HOME RUN REALTY INC. | X13504376 491900 |
Features
| Bed(s) | 7 |
|---|---|
| Bath(s) | 4 |
| Garage | 1 |
| Basement | Y |
| Acreage | 0.10 |
Interior
| Interior Features | None |
|---|---|
| Cooling | Central Air |
| Heat Source | Gas |
| Fireplace Yes / No | No |
Exterior
| Roof | Metal |
|---|---|
| Foundation Details | Concrete Block |
| Construction Materials | Aluminum Siding |
Parking
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Available |
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 3767 |
|---|---|
| Tax Legal Description | LT 8, PL 450 ; VANIER/GLOUCESTER |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| Region | Ottawa |
| City | Vanier and Kingsview Park |
| Postal Code | K1L 7L3 |
| Area | 3404 Vanier |
| Listing VS Median (in K1L 7L3) | |
Price: $655,000 low | high Med: $0 On site: 59 low | high Med: | |
Request a showing
Request a showing
Contact
Learn More About This Property
| Province | ON |
|---|---|
| Region | Ottawa |
| City | Vanier and Kingsview Park |
| Postal Code | K1L 7L3 |
| Area | 3404 Vanier |
| Listing VS Median (in K1L 7L3) | |
Price: $655,000 low | high Med: $0 On site: 59 low | high Med: | |
