




2 Beds
2 Baths
C$579,900
978 Admiral Avenue, Carlington - Central Park ON, K1Z 6L9
Property typeResidential
Overview
Active
New
Listed Aug 12, 2026
Updated Aug 13
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.
Additional information
- MLS® ID
- X13666060
Interior Features
- Bedrooms
- 2
- Bathrooms
- 2
- Heating
- Yes
- Basement
- No
Exterior Features
- Lot Size
- 0.06 Acres
Other Property Details
- Taxes
- $3,371
- Tax Frequency
- Annually
Courtesy of Listed by , PAUL RUSHFORTH REAL ESTATE INC.,
Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.
©2026 Toronto Real Estate Board. All rights reserved.
Data last updated 3:11 AM UTC, 8/13/2026