2 Bedrooms

3 Bathrooms

1,500 - 2,000 sqft Interior

3 Parking spaces

25 X 130 Ft Lot size

3 days ago Listed

None Forced Air

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About this home

Located in the heart of Ottawa's vibrant West Centretown/Hintonburg area, 57 Spadina Avenue offers an incredible investment opportunity in one of the city's most sought-after rental pockets. This duplex features two 1-bedroom apartments, currently vacant - ideal for owner occupancy, setting your own rent, or completing updates before leasing. This property offers strong income potential and plenty of upside for investors, or handy buyers looking to add value. R4H Zoning, with parking in the 2 car detached garage in the rear of the property. While the building could benefit from some updating and TLC, the unbeatable location makes this an opportunity you won't want to miss. You will love being steps to Wellington Street West, trendy cafés, restaurants, local shops, grocery stores, parks, and everyday amenities. Walking distance to Tunney's Pasture, the LRT, major transit routes, bike paths, and just minutes to downtown, Little Italy, and Civic Hospital. A fantastic chance to invest in a thriving urban neighbourhood with continued growth and demand. Great potential, exceptional location, and endless possibilities at 57 Spadina Avenue. (id:28469)

Facts & features

Property

MLS® Number: X13759372
Property Type: Multi-family
Community Name: 4203 - Hintonburg
Parking Space Total: 3

Building

Bathroom Total: 3
Bedrooms Above Ground: 2
Bedrooms Total: 2
Appliances: Stove, Refrigerator
Basement Features: Apartment In Basement
Basement Type: N/a
Cooling Type: None
Exterior Finish: Brick
Foundation Type: Concrete
Heating Fuel: Natural Gas
Heating Type: Forced Air
Stories Total: 2
Size Interior: 1,500 - 2,000 Sqft
Type: Duplex
Utility Water: Municipal Water

Parking

Detached Garage: —
No Garage: —

Land

Acreage: No
Sewer: Sanitary Sewer
Size Depth: 130 Ft
Size Frontage: 25 Ft
Size Irregular: 25 X 130 Ft
Size Total Text: 25 X 130 Ft
Zoning Description: R4h, Unassigned

Monthly payment estimate

Home price

Down payment 20%

Interest rate (%)

Amortization

Frequency

Estimated payment — per month

Mortgage amount: —
Total interest: —

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment: $3,405/mo
Ontario land transfer tax: $11,853 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

The Hintonburg market

17 Active listings

$1,049,988 Median asking price

27% below median This home

17 days Avg. time on market

Browse all Hintonburg listings →

Rooms

Second Level

Living Room 3.66 m x 3.35 m
Kitchen 4.88 m x 3.05 m
Bedroom 3.35 m x 3.05 m
Other 3.66 m x 2.74 m

Main Level

Living Room 12 m x 11 m
Bedroom 10 m x 10 m
Kitchen 17 m x 10 m
Other 12 m x 9 m

Location

57 Spadina Avenue, Ottawa, Ontario K1Y 2B8 · Get directions

57 Spadina Avenue