448-450 Holland Avenue, Dows Lake - Civic Hospital and Area, ON K1Y 0Z5

About This Property

Step into 448-450 Holland Avenue, a beautifully renovated and well-maintained duplex in Ottawa's highly sought-after Civic neighbourhood. Blending timeless character with modern updates, this versatile property is ideal for investors or owner-occupants seeking strong rental income in a prime central location.The property features two self-contained units with separate hydro and gas meters, two furnaces, two hot water tanks, and two owned A/C units. Both units showcase original stained hardwood and tile flooring, bright living spaces, and functional layouts.The main floor unit (450 Holland) offers 2 bedrooms, 1 bathroom, a bright sunroom, and 3 appliances. It is currently rented month-to-month at $2,460/month. The upper unit (448 Holland) features 3 bedrooms, 1 bathroom, two private balconies, quartz countertops, an updated sink and faucet, and 4 appliances. It is vacant with a projected market rent of approximately $2,800/month, for a total potential gross rental income of approximately $5,260/month.Additional features include shared basement laundry and storage, parking opportunities, and flexibility for owner occupancy, multi-generational living, or investment. Recent updates include fresh paint in Unit 448 (2026), fresh paint in Unit 450 (2024), two new A/C units (2024), electrical updates (2021), furnaces (2015 & 2018), and roof (2021).**Excellent value-add opportunity with preliminary plans for a third legal apartment, subject to buyer verification, permits, and approvals.**Ideally located just steps to Wellington Village, Tunney's Pasture, Dow's Lake, parks, bike paths, cafés, restaurants, shopping, transit, and major hospitals. View the 3D virtual tour, floor plans, and property website for more information. Some photos have been virtually staged.

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