30
See all 30 photos
$655,000
Est. payment /mo
7 Beds
4 Baths
Price Dropped by $24K
378 Enfield AVE Vanier And Kingsview Park, ON K1L 7L3
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Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700-1100
Subdivision 3404 - Vanier
MLS Listing ID X13504376
Style Bungalow
Bedrooms 7
Annual Tax Amount $3,767
Tax Year 2025
Property Sub-Type Detached
Property 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!
Location
Province ON
County Ottawa
Area Ottawa
Rooms
Family Room No
Basement Apartment
Kitchen 2
Separate Den/Office 3
Interior
Interior Features None
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Parking Features Available
Garage Spaces 1.0
Pool None
Roof Type Metal
Lot Frontage 50.0
Lot Depth 88.0
Total Parking Spaces 5
Building
Foundation Concrete Block
Others
ParcelsYN No
Listed by HOME RUN REALTY INC.
Nearby Locations
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