K1Y1H9 Real Estate

Welcome to the vibrant neighborhood associated with the zip code K1Y1H9, nestled in the heart of Ottawa, Ontario. This charming area is a hidden gem that perfectly blends urban convenience with the warmth of community living.

K1Y1H9 is situated in a prime location, offering residents easy access to a plethora of amenities and attractions. The neighborhood boasts a variety of local shops, cozy cafes, and restaurants that cater to diverse tastes, making it an ideal spot for food lovers and social butterflies alike. Stroll through the nearby parks, where families and friends gather to enjoy picnics, outdoor activities, and the beauty of nature, all while being just minutes away from the bustling city center.

For those who appreciate culture and the arts, this area is a stone's throw from Ottawa's vibrant cultural scene, featuring museums, galleries, and theaters that showcase local talent and international exhibitions. The proximity to major transit routes ensures that commuting to downtown Ottawa or exploring the surrounding regions is a breeze.

Families will appreciate the excellent educational institutions nearby, providing quality education for children of all ages. With a strong sense of community and friendly neighbors, K1Y1H9 is a place where you can truly feel at home.

Whether you’re looking to buy, rent, or invest, this area offers a diverse range of housing options that cater to various lifestyles and budgets. Discover the charm of K1Y1H9, where urban living meets community spirit, and experience a lifestyle that’s both enriching and fulfilling. Welcome home!

$1,990,000

5 Beds ⋅ 3 Baths ⋅ X13734012 MLS® #

Impressive 3-storey circa 1916 triplex income property in a highly sought-after, mature trees neighbourhood near the Experimental Farm, Civic and Royal Ottawa Hospitals, University of Ottawa Heart Institute, Dow's Lake, LRT, schools, and key employment centres. Fully and professionally renovated from top to bottom, this exceptionally well-managed triplex offers true owner/investor peace of mind, with attention to maintenance, durability, and ease of administration. Ideal for an owner-occupant investor: live-in one unit while tenants help offset ownership costs. One rental unit per floor: a 1-bedroom main-level unit, two spacious 2-bedroom units on the 2nd and 3rd floors, plus a bonus rentable main-floor home office/den with separate access and its own 2-piece bathroom - rental use subject to confirming zoning.Yearly gross income of $88,800 and NOI of approx. $64,000, with potential extra income of $12,000 from the front office/den and 4th parking space. Updated kitchens and bathrooms, quality appliances including dishwashers, granite counters in the largest unit, hardwood floors, updated windows and doors, skylight, two gas fireplaces, four maintenance-free fiberglass/aluminum decks with glass railings including aroundfront veranda, Berber-carpeted halls over ceramic tile, intercom system, and separate basement storage for each unit. Excellent utility separation with five hydro meters, four gas meters, three HVAC units, tenant-paid* hot water tanks (*except currently for #2), and basement laundry with separate hot water connections. All electrical fixtures, blinds, and shutters included. Sprinkler-irrigated lawn and flower beds add curb appeal. Four paved parking spaces, including one unused for extra income potential. Quick Queensway access and proximity to major employment nodes help support strong tenant demand. A rare totally renovated central Ottawa triplex combining solid income, thoughtful renovations, and lifestyle flexibility. (id:5764)

559 Parkdale Avenue, Ottawa

Listing courtesy of EXP REALTY.

K1Y1H9 Real Estate

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