Gallery
39
$649,900

CindySEZ

$632,695

CindySEZ

$632,695

1274 Cobden Road, Ottawa
Queensway Terrace South/Ridgeview
3 + 2 Beds
2 Baths

MLS#X12984340

1274 Cobden Road, Ottawa

$649,900

Queensway Terrace South/Ridgeview
3 + 2 Beds
2 Baths

MLS#X12984340

CindySEZ

$632,695

CindySEZ

$632,695

Home DetailsFeaturesExterior FeatureSales History

Freshly painted bungalow in a prime location, within walking distance to the Baseline bus stop, offering unbeatable convenience! Ideal for first-time buyers or investors, this property presents a fantastic opportunity to own a dual-income home with strong cash flow potential. Featuring two separate units: the upper unit offers 3 bedrooms, a renovated kitchen with NEW stove (2024), and a full bathroom with NEW washer/dryer (2024); the fully finished basement unit includes 2 bedrooms with egress windows (installed 2021), a modern NEW kitchen (2024), full bathroom, separate laundry, storage space, and an independent electric sub-panel (2024). Additional upgrades include a NEW hydro meter (2024) and separate entrances, including a convenient side entrance under the carport. Property includes 2 washers, 2 dryers, 2 stoves, 2 hood fans, and 1 microwave. Both units are currently rented-upstairs at $2,150/month and basement at $1,600/month (utilities extra), generating $3,750/month ($45,000 annually) in gross income. With estimated expenses including property taxes ($4,600), insurance ($1,200), maintenance ($2,400), and a 5% vacancy allowance, the property delivers an approximate net operating income of $34,550 and a cap rate of ~5.3% at the asking price of $650,000, making it a solid and stable income-generating investment. Vacant possession available with proper notice-don't miss this incredible opportunity!

Home Details

Home Details

  • Category

  • Residential

  • Status

  • New

  • Days on Market

  • 10 Days

  • List date

  • 04/09/2026

  • Listing Updated On

  • 04/10/2026

  • Taxes / Year

  • $4,513.32 / 2025

  • Style

  • Detached

  • Type

  • Bungalow

  • Lot Size

  • 0.11 Acres

Features

Features

Beds & Baths

  • Total Beds

  • 3 + 2

  • Baths

  • 2

Heating & Cooling

  • Heating Type

  • Forced Air

  • Air Conditioning

  • Central Air

Parking & Garage

  • Total Parking

  • 4

Basement

  • Desc

  • Apartment

Exterior Feature

Exterior Feature

Lot

  • Acres

  • 0.11 Acres

  • Frontage

  • 49 Ft

  • Depth

  • 99 Ft

Construction Details

  • Foundation Type

  • Block

  • Roof Material

  • Asphalt Shingle

  • Exterior

  • Concrete

Water & Sewer

  • Sewer

  • Other

Legal

  • Brokerage

  • Right At Home Realty

  • Legal Description

  • Plan 391688 Lot 40 Reg 5000.00sf 50.00fr 100.00d

Sales History

Sales History

Active

(10 days on market)

Viewing now

New

2026-04-09

Listed For Sale

$649,900

MLS# X12984340

1900-06-21

0

View

1900-06-21

1900-06-21

Listed For Sale

$0

MLS# X11915579

1274 Cobden Road
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Ottawa, ON
K1L 8K4


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