Salehian.com 647-325-5000

391 Greenwood Avenue

5105 - Laurentianview, Carlingwood - Westboro and Area, K2A 0X4

$1,199,999

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  • 6 bedrooms
  • 3 bathrooms
  • 6 parking
  • 1500-2000 sq ft

Listed 29 days ago · MLS® X13812090

About this home

Prime Westboro Income Opportunity! An exceptional chance to own a fully updated, all-brick legal duplex with a fully permitted basement secondary dwelling unit, offering three self-contained two-bedroom units in one of Ottawa's most sought-after urban neighbourhoods. Set on a generous 49.02' x 66.0' lot, this income property combines strong cash flow, quality upgrades, and long-term upside. Each unit is separately hydro-metered and equipped with air conditioning, while two driveways provide valuable on-site parking for all the tenants. The property generates approximately $80,400 in annual gross rental income. Based on seller-provided operating expenses, the estimated Net Operating Income is approximately $60,775.63 per year, representing an estimated 5.07% cap rate. With refreshed interiors, solid in-place income, and a premium Westboro location close to shops, transit, parks, schools, beach and everyday amenities, this is a compelling opportunity for investors seeking immediate income with future growth potential. The property may also offer additional intensification possibilities, including the potential for another secondary dwelling unit or coach house/garden-suite-style development, subject to applicable zoning, planning, building code requirements, and municipal approvals. Buyer to independently verify all permitted uses and development potential.

Details

Type
Triplex
Style
2-Storey
Size
1500-2000 sq ft
Lot
49 × 66 ft
Basement
Separate Entrance
Garage
None
Kitchens
3
Property tax
$7,620 (2025)
Neighbourhood
5105 - Laurentianview
Municipality
Carlingwood - Westboro and Area

Interior

Bedrooms
6 above ground
Bathrooms
3 × 3-piece
Rooms
15 above ground
Family room or den
Yes
Fireplace
No
Features
Carpet Free, Separate Hydro Meter, Sump Pump, Water Heater

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air
Water and sewer
Sewer

Building and exterior

Style
2-Storey
Exterior
Brick
Roof
Asphalt Shingle
Foundation
Concrete Block
Faces
South

Parking

Total parking
6

Lot

Size
49 × 66 ft

More

Possession
Flexible
Cross street
Roosevelt Avenue and Melbourne Avenue

History of this address

8 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Walkable

  • 🚇 Kichi Zìbì LRT1.3 km
  • 🚇 Westboro LRT1.5 km

Within a 10-minute walk: 1 grocery store, 18 cafés and restaurants, 4 parks, 3 pharmacies. Nearest grocery: Produce Depot (800 m). Nearest park: Westboro Kiwanis Park (200 m).

Schools nearby

Elementary

  • Broadview Public School
    EQAO: Gr 6 reading 92%, math 53%    9 min walk
  • Edelweiss Private Academy Private13 min walk
  • Churchill Alternative School
    EQAO: Gr 6 reading 88%, math 62%    14 min walk
  • Revel Academy Private14 min walk

Secondary

  • Nepean High School
    EQAO: Gr 9 math 76%, literacy test 94%    10 min walk
  • Notre Dame High School Catholic
    EQAO: Gr 9 math 55%, literacy test 83%    11 min walk
  • Blyth Academy Private15 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area K2A

Owners / renters
60% / 40%
Median household income
$105,000
Average age
46
Children under 15
14%
Homes
46% detached, 27% high-rise
Commute by transit
14%
Population
17,156

Languages spoken most at home besides English: Mandarin 1.2%, Arabic 0.9%, Russian 0.5%, Iranian Persian 0.4%.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario).

Living here

Commute

To downtown Ottawa: 6 km. Transit times · Driving times

Coming transit

  • 🚧 Kichi Zìbì O-Train1.3 km · opening 2026
  • 🚧 Westboro O-Train1.5 km · opening 2026
  • 🚧 Sherbourne O-Train1.6 km · opening 2026

Stations under construction or approved. Opening dates are the latest public estimates and often move.

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence (whole home or part of it), with a City host permit. Rural cottage rentals have a separate permit.

City rules

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by INNOVATION REALTY LTD..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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