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$700,000
Available - For Sale
Listing ID: X12476100
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 is legally approved as a rooming house with up to 7 bedrooms and also 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 $5,500, detailed cashflow and expense form ready for reference for serious buyer. This property is fully managed by a powerful professional property manager that has been handling all day-to-day operations smoothly - zero hassles for the owner. The main floor features 4 bedrooms, 2 bathrooms, a spacious kitchen, laundry room, and a bright living area. The basement includes 3 additional bedrooms, 2 bathrooms, and a full kitchen, ideal for flexible rental arrangements. Completely renovated in 2023, 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 $700,000
Taxes: $3,767
Assessment Year: 2025
Occupancy by: Tenant
Address: 378 Enfield Aven , 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: T
Basement: Finished
Full
No. of Pieces Level
Washroom 1:  3 Ground
Washroom 2:  3 Basement
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  3 Ground
Washroom 7:  3 Basement
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  3 Ground
Washroom 12:  3 Basement
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Property Type: Detached
Style: Bungalow
Exterior: Aluminum Siding
Brick
Garage Type: Attached
Drive Parking Spaces: 4
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
Elevator Lift: False
Sewers: Sewer
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Asking Price: $ Heating: $ /Year  
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Taxes:   $ /Year Other Debt: $ /Year  
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Income Required $ $ $ $

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

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


 
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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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