898 Watson Avenue
Britannia Heights - Queensway Terrace N and Area, ON
- 7 bed
- 3 bath
- approx. 2500-3000 sqft
- Duplex
- 44 days on market
Turnkey triplex investment opportunity consisting of a legal duplex with an additional secondary dwelling unit in desirable Fairfield Heights/ Britannia. Strong reliable tenant profile with lots of upside potential, meticulously maintained with over 25 years of pride of ownership. The property features two spacious 3-bedroom units and one 1-bedroom unit, offering an excellent unit mix for stable rental income. Units have been updated over time, with new doors & windows, electrical panels and fully renovated bathroom. Updated kitchens with dishwasher & OTR Microwave. Tenants are reliable and pay on time, with separately metered hydro & gas paid by tenants of upper units, coin operative laundry machines. Recent improvements include two Rheem gas forced-air furnaces (2018 & 2020) and efficient Rinnai Tankless water heater. Ideal for investors seeking a well-maintained, low-maintenance asset or owner-occupants looking to live in one unit while offsetting expenses with rental income. Prime west end location close to Bayshore shopping Centre, Lincoln Heights, Carlingwood Mall, Britannia Beach, steps to transit, new LRT Station and quick easy access to the Queensway.
Listing Details
- Taxes (2026)
- $6,157
- Originally Listed
- $924,900
- Listed
- August 6, 2026
Price History
Property
- Style
- 2-Storey
- Construction
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Interior
- None
- Lot Size
- 39 x 100 Feet
Parking
- Garage
- Attached
- Covered Spaces
- 1
- Total Parking
- 6
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Pinecrest St at Stephen St
- Parcel Number
- 039440096
- Possession
- Flexible
- Occupancy
- Tenant
Included
- Inclusions
- Refrigerator x 3, Stove x 3, Dishwasher x 3, Microwave, Coin operated Washer and Dryer
- Rental Items
- None
Schools
Secondary
- École secondaire publique L'Alternative0.4 km
French public · CÉP de l'Est de l'Ontario · 70 students
- Woodroffe High School1.4 km
Public · Ottawa-Carleton DSB · 900 students
Grade 10 literacy: 81% met the provincial standard
- St Paul High School1.6 km
Catholic · Ottawa CSB · 700 students
Grade 10 literacy: 87% met the provincial standard
Elementary
- Dr F J McDonald Catholic Elementary School0.7 km
Catholic · Ottawa CSB · 195 students
Grade 3 reading: 60% met the provincial standard · Grade 6 math: 38% met the provincial standard
- Severn Avenue Public School1 km
Public · Ottawa-Carleton DSB · 325 students
Grade 3 reading: 67% met the provincial standard · Grade 6 math: 69% met the provincial standard
- St. Rose of Lima Elementary School1.1 km
Catholic · Ottawa CSB · 355 students
Grade 3 reading: 62% met the provincial standard · Grade 6 math: 48% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area K2B
- Population
- 33,254
- Private dwellings
- 15,737
- Median age
- 39.6
- Average household size
- 2.2
- Median household income
- $72,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Britannia Heights - Queensway Terrace N and Area · last 12 months
- Median sold price
- $569,000
- Homes sold
- 98
- Median days on market
- 29
- Sale-to-list price
- 97.4%
Based on 98 recorded sales of residential freehold properties in Britannia Heights - Queensway Terrace N and Area over the last 12 months.
Rooms
3-piece, 3-piece, 3-piece
Second
- Bedroom 213'9" x 9'1"
- Bedroom 310' x 9'2"
- Kitchen11' x 11'
- Living Room12'7" x 17'
- Primary Bedroom11'3" x 13'1"
Main
- Bedroom 29'1" x 13'9"
- Bedroom 310' x 9'2"
- Kitchen11' x 11'
- Living Room12'7" x 17'
- Primary Bedroom13'1" x 11'
Lower
- Bedroom
Listed by
GRAPE VINE REALTY INC.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$179,980
Estimated Monthly Payment
$4,421
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $4,421/mo (20% down, 5.5%)
Taxes: $513/mo · Insurance: $225/mo
Estimates only. Consult a financial advisor.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. This listing mentions legal duplex. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?