MLS#: X13874062Listed: about 2 hours agoUpdated:about 2 hours ago
Description
Welcome to 24 Newhaven Street! Turnkey legal duplex on an oversized 75' x 100' lot in a quiet, established pocket of Nepean. 24 Newhaven Street is tenanted and recently renovated, currently generating $60,900 in annual gross income. It offers investors strong, stable cash flow and owner occupiers the option to live in one unit while the other helps pay the mortgage. The upper unit offers 4 bedrooms and 1 bathroom, and the lower unit offers 3 bedrooms and 1 bathroom. Both units were renovated in 2025-2026 with new kitchens, new bathrooms, pot lighting and updated finishes throughout. The property has been well maintained, with no expected maintenance or major repairs, making this a truly hands off investment. Legal duplex status is supported by an occupancy permit on file. Gas heat keeps operating costs efficient. Location is a major draw. A bus route runs directly across the street, and Algonquin College's Woodroffe campus and Baseline Station are just a short drive away, making this an easy rent for students and young professionals. A park is just around the corner, and everyday shopping including Metro at the Greenbank Hunt Club Centre is close by. College Square, Merivale Road shopping and Queensway Carleton Hospital are all within minutes. The large lot provides ample parking, a generous yard and potential to add value in the future, subject to city approvals. Whether you are growing a rental portfolio or looking for a mortgage helper in a high demand rental area, this is a low maintenance, income producing property ready from day one. Tenanted, 24 hours notice required for all showings. Listing agent is a partial owner. (id:58075)
Details
Details for 24 Newhaven Street, Ottawa, Ontario
Property Type
Single Family
Building Type
House
Storeys
1
Neighborhood
7606 - Manordale
Land Size
75 x 100 FT
Year Built
-
Annual Property Taxes
$4,796
Parking Type
No Garage
Inside
Appliances
Oven - Built-In, Water Heater
Rooms
-
Bedrooms
7
Bathrooms
2
Fireplace
-
Fireplace Total
-
Basement
Finished, Apartment in basement, Separate entrance, N/A, N/A, N/A
Building
Architecture Style
Bungalow
Direction
Cross Streets: Woodroffe Ave & Knoxdale Rd. ** Directions: Woodroffe Ave south to right on Knoxdale Rd, then left on Newhaven St.