7 Bedroom
2 Bathroom
700 - 1,100 sqft
Bungalow
Fireplace
Central Air Conditioning
Forced Air
$865,000
Welcome to 24 Newhaven Street! Turnkey legal duplex on an oversized 75' x 100' lot in a quiet, established pocket of Nepean. 24 Newhaven Street is tenanted and recently renovated, currently generating $60,900 in annual gross income. It offers investors strong, stable cash flow and owner occupiers the option to live in one unit while the other helps pay the mortgage. The upper unit offers 4 bedrooms and 1 bathroom, and the lower unit offers 3 bedrooms and 1 bathroom. Both units were renovated in 2025-2026 with new kitchens, new bathrooms, pot lighting and updated finishes throughout. The property has been well maintained, with no expected maintenance or major repairs, making this a truly hands off investment. Legal duplex status is supported by an occupancy permit on file. Gas heat keeps operating costs efficient. Location is a major draw. A bus route runs directly across the street, and Algonquin College's Woodroffe campus and Baseline Station are just a short drive away, making this an easy rent for students and young professionals. A park is just around the corner, and everyday shopping including Metro at the Greenbank Hunt Club Centre is close by. College Square, Merivale Road shopping and Queensway Carleton Hospital are all within minutes. The large lot provides ample parking, a generous yard and potential to add value in the future, subject to city approvals. Whether you are growing a rental portfolio or looking for a mortgage helper in a high demand rental area, this is a low maintenance, income producing property ready from day one. Tenanted, 24 hours notice required for all showings. Listing agent is a partial owner. (id:49269)
Property Details
|
MLS® Number
|
X13874062 |
|
Property Type
|
Multi-family |
|
Community Name
|
7606 - Manordale |
|
Amenities Near By
|
Public Transit, Schools |
|
Community Features
|
School Bus |
|
Equipment Type
|
Air Conditioner, Water Heater, Furnace |
|
Features
|
Carpet Free |
|
Parking Space Total
|
2 |
|
Rental Equipment Type
|
Air Conditioner, Water Heater, Furnace |
Building
|
Bathroom Total
|
2 |
|
Bedrooms Above Ground
|
7 |
|
Bedrooms Total
|
7 |
|
Appliances
|
Oven - Built-in, Water Heater |
|
Architectural Style
|
Bungalow |
|
Basement Development
|
Finished |
|
Basement Features
|
Apartment In Basement, Separate Entrance |
|
Basement Type
|
N/a, N/a (finished), N/a |
|
Cooling Type
|
Central Air Conditioning |
|
Exterior Finish
|
Brick |
|
Fireplace Present
|
Yes |
|
Foundation Type
|
Poured Concrete |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
1 |
|
Size Interior
|
700 - 1,100 Sqft |
|
Type
|
Duplex |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Fence Type
|
Fenced Yard |
|
Land Amenities
|
Public Transit, Schools |
|
Size Depth
|
100 Ft |
|
Size Frontage
|
75 Ft |
|
Size Irregular
|
75 X 100 Ft |
|
Size Total Text
|
75 X 100 Ft |
|
Zoning Description
|
N2e (by-law 2026-50), R1f (by-law 2008-250) |
https://www.realtor.ca/real-estate/30378035/24-newhaven-street-ottawa-7606-manordale