978 Admiral Avenue Carlington - Central Park ON

📍 Carlington - Central Park, Ontario K1Z 6L9

$599,900

Active
2BEDS
2BATHS
2PARKING
2KITCHENS
25×100LOT (FT)

📋 Listing Highlights

StatusActive
MLS®X13446582
ListedJun 15, 2026
Days on Market—
Property TypeResidential Freehold
StyleDetached
Cross StreetShillington
PossessionFlexible
Virtual TourView Tour →

📝 Listing Description

Fully rented and generating immediate cash flow, this turnkey investment property features two self contained 1 bedroom, 1 bathroom units, with Unit A rented for $1,950/month and Unit B rented for $1,800/month, providing stable income from day one. Beautifully renovated and meticulously maintained, this versatile property offers exceptional value and long term potential in one of Ottawa's most connected and sought after neighborhoods. Designed to appeal to today's tenants, both units have been thoughtfully updated, minimizing future maintenance and maximizing rental appeal. Beyond the current income stream, new zoning bylaws may present future development opportunities, making this not only a strong cash flowing asset but also a strategic long term investment. Professionals and healthcare workers are consistently drawn to the unbeatable location, just steps from the Civic Hospital and the iconic Experimental Farm. Commuting is effortless with quick access to Highway 417, while nearby cycling paths and green spaces support an active urban lifestyle. On weekends, tenants can enjoy the vibrant cafés, restaurants, and amenities of Little Italy or spend time along the scenic shores of Dows Lake. Low maintenance, fully tenanted, and positioned in a thriving urban corridor, this is a rare opportunity to acquire a high performing Ottawa investment property with immediate income and future upside. Photos were taken prior to currents tenants. Some photos have been virtually staged.

🏠 Property Details

Property TypeResidential Freehold
StyleDetached
Bedrooms2
Bathrooms2
Kitchens2

📐 Lot & Land

Lot Width25 ft
Lot Depth100 ft
Lot Size2500 sqft
Cross StreetShillington

🔧 Building & Utilities

Heat SourceElectric
HeatingBaseboard
CoolingNone
BasementNone
GarageNone
Parking2
ConstructionVinyl Siding
RoofAsphalt Shingle

💰 Financial

List Price$599,900
Annual Taxes$3,371.03 (2026)
PossessionFlexible

🧮 Mortgage Calculator

$119,980
Est. Monthly Payment
$2,947/mo
Principal: $479,920 · P+I only
Does not include taxes, insurance or CMHC
Listing provided by PAUL RUSHFORTH REAL ESTATE INC.Data via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #X13446582 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.