885 Pinewood CRES, Britannia Heights - Queensway Terrace N And Area, ON K2B 5Y3
885 Pinewood CRES, Britannia Heights - Queensway Terrace N And Area, ON K2B 5Y3
885 Pinewood CRES, Britannia Heights - Queensway Terrace N And Area, ON K2B 5Y3
885 Pinewood CRES, Britannia Heights - Queensway Terrace N And Area, ON K2B 5Y3
885 Pinewood CRES, Britannia Heights - Queensway Terrace N And Area, ON K2B 5Y3
885 Pinewood CRES, Britannia Heights - Queensway Terrace N And Area, ON K2B 5Y3
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Sarah McCallion

Sarah McCallion

+1(416) 508-6154
$ 909,000
Est. payment | /mo

5 Beds

3 Baths

Save
$ 909,000
Est. payment | /mo
Save

5 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision 6203 - Queensway Terrace North

MLS Listing ID X13133584

Style 2-Storey

Bedrooms 5

Annual Tax Amount $6,609

Tax Year 2025

Property Sub-Type Duplex

Property Description

Great Investment Opportunity or Ideal for Multi-Generational Living! This all-brick duplex features two existing units plus a finished basement with excellent potential for a third unit by adding a kitchenette (buyer to verify and obtain permits). Perfect for investors or owner-occupants seeking strong rental income with future upside.The upper unit is currently rented, with the tenant vacating September 1st. The main floor unit and finished basement are vacant, recently renovated, and move-in ready - allowing the new owner to set current market rents for future tenants.The basement offers flexible possibilities with access through the main floor unit as well as a separate exterior stairway entrance. It features large windows in both the bedroom and living area, a bright and spacious layout, and a huge storage room, making conversion to a separate unit a great opportunity. Situated on a massive lot with two separate driveways providing parking for up to six vehicles. Additional highlights include a shared basement laundry room with coin-operated washer and dryer purchased last year, a large storage area, and two owned hot water tanks included. Over $60,000 has been invested in recent upgrades, including new windows, parging, deck, interior paint, freshly painted front door, and full renovations to the main floor unit and basement. Fantastic location close to the river, nature trails, parks, and all that Britannia has to offer, with easy access to Highway 417, public transit, and the upcoming LRT. Surrounded by shops, restaurants, and everyday amenities, this property offers excellent cash flow potential and long-term appreciation in a highly convenient location.

Location

State ON

County Ottawa

Area Ottawa

Rooms

Family Room Yes

Basement Full, Finished

Kitchen 2

Separate Den/Office 1

Interior

Interior Features Water Heater Owned

Cooling None

Fireplace No

Heat Source Gas

Exterior

Parking Features Private Double

Pool None

Roof Type Asphalt Shingle

Lot Frontage 50.0

Lot Depth 110.33

Total Parking Spaces 6

Building

Foundation Concrete

Others

ParcelsYN No

Listed by EXP REALTY

Nearby Locations

Sarah McCallion

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 508-6154

sarah.mccallion@theagencyre.com

378 Fairlawn Ave, Toronto, ON, M5M 1T8, CAN

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885 Pinewood CRES