7 Gwynne Avenue Ottawa, Ontario K1Y 1X1

4 Bedroom 4 Bathroom 1,500 - 2,000 ft2
Central Air Conditioning Forced Air

$1,689,900

UNDER CONSTRUCTION - Charming brownstone-inspired design investment property in the heart of the Civic Hospital neighbourhood, perfectly positioned for steady rental demand from medical staff, students and urban professionals. This two-unit building features a generous 3-bedroom, 3-floor duplex (Unit 1) plus a bright 1-bed/1bath apartment (Unit 2). Expected 3.8% cap rate; tenants pay all utilities. Property highlights: Unit 1: Three bedrooms spread over three floors bright, townhouse-style layout with classic brownstone curb appeal Unit 2: One bedroom, one bathroom efficient and easy to lease Attractive façade and modern interior finishes (brownstone-modelled design)Tenants responsible for all utilities simplifies owner expenses and management Ideal investment for doctors, nurses or investors seeking close proximity to healthcare employment Neighbourhood & lifestyle: In the Civic Hospital area steps to The Ottawa Hospital (Civic campus) and rapid access to transit Short walk to Little Italy: excellent cafés, authentic Italian restaurants and specialty grocers for memorable dining and shopping Scenic walks along the Rideau Canal and around Dows Lake spectacular tulip displays each spring and beautiful water views year-round Central Experimental Farm and its botanical gardens: peaceful walking paths and seasonal displays right nearby Enjoy skating on the 7.8 km Rideau Canal Skate way in winter and lively outdoor recreation in warmer months Investment notes: Expected cap rate: 3.8% (prospective buyers should verify figures and review income/expense statements)Strong tenant pool due to proximity to hospitals, research and schools For full financials, floor plans and to schedule a showing, contact the listing agent. This is a rare opportunity to own a stylish, income-producing property in one of the city's most desirable, walkable neighbourhoods. (Under construction, expected completion November 30th, 2025) Raised basement apartment 602 sqft. Simi-detached (id:19720)

Property Details

MLS® Number X12388102
Property Type Multi-family
Community Name 4504 - Civic Hospital
Equipment Type Water Heater
Features Carpet Free
Rental Equipment Type Water Heater

Building

Bathroom Total 4
Bedrooms Above Ground 4
Bedrooms Total 4
Appliances Dishwasher, Dryer, Hood Fan, Two Stoves, Two Washers, Two Refrigerators
Basement Features Apartment In Basement
Basement Type N/a
Cooling Type Central Air Conditioning
Exterior Finish Brick Facing, Vinyl Siding
Foundation Type Poured Concrete
Half Bath Total 1
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Size Interior 1,500 - 2,000 Ft2
Type Duplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 58 Ft ,4 In
Size Frontage 23 Ft
Size Irregular 23 X 58.4 Ft
Size Total Text 23 X 58.4 Ft

Rooms

Level Type Dimensions
Second Level Great Room 5.6 m x 5.5 m
Second Level Kitchen 3.9 m x 3.3 m
Third Level Bedroom 3 3.6 m x 3.2 m
Third Level Bathroom 3.2 m x 1.5 m
Third Level Primary Bedroom 4.4 m x 4 m
Lower Level Living Room 4.15 m x 3.1 m
Lower Level Kitchen 2.2 m x 3 m
Lower Level Bedroom 3.3 m x 3.1 m
Lower Level Bathroom 2.2 m x 1.7 m
Lower Level Utility Room 1.6 m x 1 m
Ground Level Foyer 2.3 m x 2.3 m
Ground Level Bedroom 3 3 m x 2.7 m
Ground Level Bathroom 2.5 m x 1.8 m
Ground Level Laundry Room 2.9 m x 2.9 m
Ground Level Utility Room 2.3 m x 2.2 m

https://www.realtor.ca/real-estate/28828870/7-gwynne-avenue-ottawa-4504-civic-hospital

Contact Us

Contact us for more information

Caroline Risi
Salesperson

(613) 762-2698
www.theaxiomteam.ca/
www.facebook.com/Theaxiomteam/
twitter.com/kw_theaxiomteam
www.linkedin.com/company/the-axiom-team-inc/

Royal LePage Integrity Realty
2148 Carling Ave., Unit 6
Ottawa, Ontario K2A 1H1

(613) 829-1818
royallepageintegrity.ca/