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$865,000
Est. payment /mo
7 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700-1100
Subdivision 7606 - Manordale
MLS Listing ID X13874062
Style Bungalow
Bedrooms 7
Annual Tax Amount $4,795
Tax Year 2025
Property Sub-Type Duplex
Property 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.
Location
Province ON
County Ottawa
Area Ottawa
Rooms
Family Room No
Basement Apartment, Finished, Separate Entrance
Kitchen 2
Interior
Interior Features Built-In Oven, Carpet Free, Water Heater
Cooling Central Air
Fireplace Yes
Heat Source Gas
Exterior
Pool None
Roof Type Shingles
Lot Frontage 75.0
Lot Depth 100.0
Total Parking Spaces 2
Building
Unit Features Fenced Yard,Public Transit,School,School Bus Route
Foundation Poured Concrete
Others
ParcelsYN No
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Listed by EXP REALTY
NEARBY SCHOOL & BUSINESS
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