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24 NEWHAVEN STREET, Ottawa, Ontario

$865,000

7 bed · 2 bath

MLS® X13874062

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:56426)

Ayden Webster

Listed by EXP REALTY

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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

The neighbourhood

About the area

Census figures and the live market for the area this home sits in, matched from the property’s own location on the map.

Population
8,758
Median household income
$108,800
Median home value
$594,608
Owner-occupied
64%
Homes for sale
26
Median list price
$687,450

Source: Statistics Canada 2021, LiveBy

Map of Woodvale - Craig Henry - Manordale - Estates of Arlington Woods
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Karen McGuffin
Residential Realtor

Karen McGuffin

(519) 216-1956
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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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