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Locations
Listings
378 Enfield Avenue, Vanier and Kingsview Park, ON K1L 7L3
Listed For :
$700,000
Your Cash Back is $10,500 (*Terms and Conditions Apply)
Listed On :
Bedrooms:
7 - 3
Bathrooms:
4
Garage / Parking Places:
4
| Date Started | Date Ended | Price | Event | Listing ID |
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Key Features
Listing Key:
X12476100
Floors:
2
Square:
7,001,100 ft2
Brokage:
HOME RUN REALTY INC.
Listed On:
2025-10-22
Updated On:
2025-10-28
Property Type:
Detached
Basement:
Finished, Full
Style:
Bungalow
Community:
3404 - Vanier
Municipality:
Vanier and Kingsview Park
Kitchens:
2
Rooms:
8
Size:
700-1100 ft²
Construction:
Aluminum Siding
Parking:
5
Cooling:
Central Air
Heating Type:
Forced Air
Heating Fuel:
Gas
Cross Street:
North on Vanier Parkway, turn right on McArthur then right on Enfield
Description
Welcome to 378 Enfield - a true cash-cow investment property with absolutely positive cash flow! CAP RATE: 7.50% Located in an R2L zoning area, this property is legally approved as a rooming house with up to 7 bedrooms and also offers exceptional development potential. With further design, it can be redeveloped into a multi-unit apartment building from 6 units. Currently generating a gross monthly income of approximately $5,500, detailed cashflow and expense form ready for reference for serious buyer. This property is fully managed by a powerful professional property manager that has been handling all day-to-day operations smoothly - zero hassles for the owner. The main floor features 4 bedrooms, 2 bathrooms, a spacious kitchen, laundry room, and a bright living area. The basement includes 3 additional bedrooms, 2 bathrooms, and a full kitchen, ideal for flexible rental arrangements. Completely renovated in 2023, the home showcases upgraded plumbing, electrical, and HVAC systems, along with new insulation, fresh paint, and brand-new windows and doors throughout. Walking distance to Green & Fresh, Loblaws supermarket, Bus stations, RCMP headquarter, Canadian Cyber security center, around 2km to Ottawa University and one bus to Carleton University and surrounded by lots other amenities. This turnkey investment has been successfully operating for the past two years - a rare opportunity to own a high-performing, low-maintenance property with strong cash flow and future development upside!
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