978 Admiral Avenue
Carlington - Central Park, ON
- 2 bed
- 2 bath
- approx. 700-1100 sqft
- Detached
- 36 days on market
Fully rented and generating immediate cash flow, this turnkey investment property features two self contained 1 bedroom, 1 bathroom units, with Unit A rented for $1,950/month and Unit B rented for $1,800/month, providing stable income from day one. Beautifully renovated and meticulously maintained, this versatile property offers exceptional value and long term potential in one of Ottawa's most connected and sought after neighborhoods. Designed to appeal to today's tenants, both units have been thoughtfully updated, minimizing future maintenance and maximizing rental appeal. Beyond the current income stream, new zoning bylaws may present future development opportunities, making this not only a strong cash flowing asset but also a strategic long term investment. Professionals and healthcare workers are consistently drawn to the unbeatable location, just steps from the Civic Hospital and the iconic Experimental Farm. Commuting is effortless with quick access to Highway 417, while nearby cycling paths and green spaces support an active urban lifestyle. On weekends, tenants can enjoy the vibrant cafés, restaurants, and amenities of Little Italy or spend time along the scenic shores of Dows Lake. Low maintenance, fully tenanted, and positioned in a thriving urban corridor, this is a rare opportunity to acquire a high performing Ottawa investment property with immediate income and future upside. Photos were taken prior to currents tenants. Some photos have been virtually staged.
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Listing Details
- Taxes (2026)
- $3,371
- Listed
- August 12, 2026
Price History
Listing history
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Property
- Style
- 2-Storey
- Construction
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Concrete Block
- Interior
- None
- Lot Size
- 25 x 100 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 2
Utilities
- Sewer
- Sewer
- Heat Source
- Electric
Location & Legal
- Cross Street
- Shillington
- Parcel Number
- 040400120
- Possession
- 60-89 days
- Occupancy
- Tenant
Included
- Inclusions
- 2 refrigerators, 2 stoves, 2 dishwashers, 2 washers, 2 dryers, microwave, hood fan
- Exclusions
- Tenants belongings
- Rental Items
- Hot water tank
Schools
Elementary
- W.E. Gowling Public School0.3 km
Public · Ottawa-Carleton DSB · 450 students
Grade 3 reading: 59% met the provincial standard · Grade 6 math: 38% met the provincial standard
- St Elizabeth Elementary School0.8 km
Catholic · Ottawa CSB · 335 students
Grade 3 reading: 64% met the provincial standard · Grade 6 math: 30% met the provincial standard
- Elmdale Public School1.6 km
Public · Ottawa-Carleton DSB · 565 students
Grade 3 reading: 97% met the provincial standard · Grade 6 math: 89% met the provincial standard
Secondary
- St Nicholas Adult High School0.3 km
Catholic · Ottawa CSB · 620 students
- St Pius X High School2.2 km
Catholic · Ottawa CSB · 890 students
Grade 10 literacy: 84% met the provincial standard
- Notre Dame High School2.2 km
Catholic · Ottawa CSB · 430 students
Grade 10 literacy: 83% 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 K1Z
- Population
- 22,714
- Private dwellings
- 11,642
- Median age
- 38.4
- Average household size
- 2.1
- Median household income
- $77,000
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 Carlington - Central Park · last 12 months
- Median sold price
- $575,000
- Homes sold
- 123
- Median days on market
- 19
- Sale-to-list price
- 98.7%
Based on 123 recorded sales of residential freehold properties in Carlington - Central Park over the last 12 months.
Rooms
4-piece on Ground, 3-piece on Second
Second
- Bathroom3'7" x 9'
- Bedroom 28'2" x 15'8"
- Kitchen11'5" x 12'6"
- Living Room15'5" x 6'4"
Main
- Bathroom6'10" x 10'7"
- Bedroom9'7" x 10'10"
- Kitchen11'2" x 15'7"
- Living Room11'1" x 19'
Listed by
PAUL RUSHFORTH REAL ESTATE INC.
Walk Score
Walk
Transit
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Location
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Mortgage Calculator
$115,980
Estimated Monthly Payment
$2,849
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: $2,849/mo (20% down, 5.5%)
Taxes: $281/mo · Insurance: $145/mo
Estimates only. Consult a financial advisor.
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