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$909,000
Available - For Sale
Listing ID: X13133584
885 Pinewood Crescent , Britannia Heights - Queensway Terrace N , K2B 5Y3, Ottawa


Great Investment Opportunity or Ideal for Multi-Generational Living! This all-brick duplex features two existing units plus a finished basement with excellent potential for a third unit by adding a kitchenette (buyer to verify and obtain permits). Perfect for investors or owner-occupants seeking strong rental income with future upside.The upper unit is currently rented, with the tenant vacating September 1st. The main floor unit and finished basement are vacant, recently renovated, and move-in ready - allowing the new owner to set current market rents for future tenants.The basement offers flexible possibilities with access through the main floor unit as well as a separate exterior stairway entrance. It features large windows in both the bedroom and living area, a bright and spacious layout, and a huge storage room, making conversion to a separate unit a great opportunity. Situated on a massive lot with two separate driveways providing parking for up to six vehicles. Additional highlights include a shared basement laundry room with coin-operated washer and dryer purchased last year, a large storage area, and two owned hot water tanks included. Over $60,000 has been invested in recent upgrades, including new windows, parging, deck, interior paint, freshly painted front door, and full renovations to the main floor unit and basement. Fantastic location close to the river, nature trails, parks, and all that Britannia has to offer, with easy access to Highway 417, public transit, and the upcoming LRT. Surrounded by shops, restaurants, and everyday amenities, this property offers excellent cash flow potential and long-term appreciation in a highly convenient location.
Price $909,000
Taxes: $6882.00
Assessment Year: 2025
Occupancy: Partial
Address: 885 Pinewood Crescent , Britannia Heights - Queensway Terrace N , K2B 5Y3, Ottawa
Directions/Cross Streets: Pinewood & Richmond
Rooms: 10
Rooms +: 4
Bedrooms: 4
Bedrooms +: 1
Family Room: T
Basement: Full, Finished
Washroom Type No. of Pieces Level
Washroom Type 1 4 Main
Washroom Type 2 4 Upper
Washroom Type 3 3 Lower
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 4 Main
Washroom Type 7 4 Upper
Washroom Type 8 3 Lower
Washroom Type 9 0
Washroom Type 10 0
Washroom Type 11 4 Main
Washroom Type 12 4 Upper
Washroom Type 13 3 Lower
Washroom Type 14 0
Washroom Type 15 0
Total Area: 0.00
Property Type: Duplex
Style: 2-Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: Private Do
Drive Parking Spaces: 6
Park #1
Parking Type: Private Do
Park #2
Parking Type: Private Do
Pool: None
Approximatly Square Footage: 2000-2500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
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At a Glance:
Type: Freehold - Duplex
Area: Ottawa
Municipality: Britannia Heights - Queensway Terrace N
Neighbourhood: 6203 - Queensway Terrace North
Style: 2-Storey
Lot Size: x 110.33(Feet)
Approximate Age:
Tax: $6,882
Maintenance Fee: $0
Beds: 4+1
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
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