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$655,000
Available - For Sale
Listing ID: X13504376
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!
Price $655,000
Taxes: $3,767
Assessment Year: 2025
Occupancy by: Tenant
Address: 378 Enfield Avenue , Vanier and Kingsview Park, K1L 7L3, Ottawa
Directions/Cross Streets: North on Vanier Parkway, turn right on McArthur then right on Enfield
Rooms: 8
Rooms +: 7
Bedrooms: 4
Bedrooms +: 3
Washrooms: 4
Family Room: F
Basement: Apartment
No. of Pieces Level
Washroom 1:  3 Basement
Washroom 2:  3 Basement
Washroom 3:  3 Ground
Washroom 4:  3 Ground
Washroom 5:  0
Washroom 6:  3 Basement
Washroom 7:  3 Basement
Washroom 8:  3 Ground
Washroom 9:  3 Ground
Washroom 10:  0
Washroom 11:  3 Basement
Washroom 12:  3 Basement
Washroom 13:  3 Ground
Washroom 14:  3 Ground
Washroom 15:  0
Washroom 16:  3 Basement
Washroom 17:  3 Basement
Washroom 18:  3 Ground
Washroom 19:  3 Ground
Washroom 20:  0
Washroom 21:  3 Basement
Washroom 22:  3 Basement
Washroom 23:  3 Ground
Washroom 24:  3 Ground
Washroom 25:  0
Washroom 26:  3 Basement
Washroom 27:  3 Basement
Washroom 28:  3 Ground
Washroom 29:  3 Ground
Washroom 30:  0
Washroom 31:  3 Basement
Washroom 32:  3 Basement
Washroom 33:  3 Ground
Washroom 34:  3 Ground
Washroom 35:  0
Washroom 36:  3 Basement
Washroom 37:  3 Basement
Washroom 38:  3 Ground
Washroom 39:  3 Ground
Washroom 40:  0
Property Type: Detached
Style: Bungalow
Exterior: Aluminum Siding
Garage Type: Attached
(Parking/)Drive: Available
Drive Parking Spaces: 4
Park #1
Parking Type: Available
Park #2
Parking Type: Available
Pool: None
Approximatly Square Footage: 700-1100
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
HOME RUN REALTY INC.

378 Enfield Avenue , Vanier and Kingsview Park, K1L 7L3, Ottawa

Personal Picture
Paulette Zander
Sales Representatives
Dir:
416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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At a Glance:
Type: Freehold - Detached
Area: Ottawa
Municipality: Vanier and Kingsview Park
Neighbourhood: 3404 - Vanier
Style: Bungalow
Lot Size: x 88.00(Feet)
Approximate Age:
Tax: $3,767
Maintenance Fee: $0
Beds: 4+3
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908