284 Dovercourt Avenue

Introducing a remarkable investment opportunity, this Multi-Family Home for sale in Ottawa is situated at 284 Dovercourt Avenue, Ottawa. Newly constructed in 2022, this contemporary duplex is nestled in the highly sought-after community of Westboro/Hampton Park, making it an ideal choice for those looking to invest in a prime location. The property boasts a modern aesthetic, with a well-thought-out design that accommodates both upper and lower level units.

The upper-level unit, designated as Unit D, features three spacious bedrooms and two and a half bathrooms, making it perfect for families or professionals seeking comfort and style. The open-concept living and dining area is a highlight, showcasing a sleek feature wall complete with a gas fireplace and custom built-ins that enhance the overall appeal. Expansive windows flood the space with natural light, accentuating the high ceilings, hardwood flooring, and recessed lighting that are present throughout the unit. The gourmet kitchen is a chef's dream, equipped with quartz countertops, stainless steel appliances, a generous island, and a walk-in pantry, ensuring that cooking and entertaining are a delight.

The primary suite in Unit D is a true retreat, featuring an ensuite bathroom and a walk-in closet that adds a touch of luxury to everyday living. Currently vacant, this upper unit is estimated to rent for an impressive £3,630 per month, making it a lucrative option for potential investors.

On the lower level, Unit C offers a cosy yet stylish living experience with one bedroom and one bathroom. This unit features radiant heating and a well-designed layout that maximises space and comfort. Currently tenanted, Unit C generates a steady rental income of £1,830 per month, contributing to the overall financial viability of this Multi-Family Home for sale in Ottawa.

Situated at 284 Dovercourt Avenue, Ottawa, this property enjoys a prime location just a 15-minute walk from the vibrant Westboro Village. Residents will appreciate easy access to trendy shops, restaurants, and cafes, all of which contribute to the area's lively atmosphere. Furthermore, with excellent transit options and proximity to the 417, this location offers both convenience and lifestyle appeal, making it an attractive proposition for tenants and homeowners alike.

This Multi-Family Home for sale in Ottawa features a total of eight rooms, including an additional kitchen and four additional rooms, providing ample space for various living arrangements. The property is equipped with central air conditioning, ensuring comfort throughout the seasons, while the full, finished basement offers additional storage or recreational space. The home is serviced by municipal water and sewer, providing peace of mind for future residents.

Notably, this property does not include a pool, central vacuum system, or garage space, but it does feature a tandem driveway with parking space for two vehicles, which is a significant advantage in this bustling area. The exterior of the building is constructed from brick and other materials, offering durability and a contemporary look that fits seamlessly into the neighbourhood.

With an age of just 0-5 years, this Multi-Family Home for sale in Ottawa is a modern investment opportunity that stands out in the competitive real estate market. The lot measures 10 by 17 metres, providing a manageable outdoor space that complements the urban lifestyle.

In summary, 284 Dovercourt Avenue, Ottawa, presents a unique chance to own a well-designed duplex in a desirable community. Whether you are looking to invest in a property that promises excellent rental returns or seeking a modern home in a vibrant area, this Multi-Family Home for sale in Ottawa is worth considering. Don't miss out on this exceptional opportunity to secure a property that combines style, comfort, and financial potential.

Westboro/Hampton Park, nestled in the vibrant city of Ottawa, is a charming and well-established neighbourhood that offers a delightful blend of urban convenience and suburban tranquillity. Characterised by its tree-lined streets and picturesque parks, this area is perfect for those who appreciate outdoor activities, with the Ottawa River nearby providing opportunities for walking, cycling, and leisurely strolls. The community boasts a variety of local shops, cafes, and restaurants, fostering a lively atmosphere while maintaining a strong sense of neighbourliness. With excellent public transport links and proximity to downtown Ottawa, Westboro/Hampton Park is an ideal choice for those seeking a balanced lifestyle in a welcoming environment.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an excellent choice for families. Within a short distance, you will find Churchill Alternative School (0.8 km) and Broadview Avenue Public School (1.0 km), both offering elementary education in English, with ratings of 6.2 and 7.3 respectively. Broadview Avenue Public School also provides a French immersion program, catering to diverse language preferences. For secondary education, Nepean High School, located just 1.0 km away, boasts a strong rating of 8.2, ensuring quality education for students in grades 9 to 12. Additionally, St. Elizabeth School (0.9 km) offers a Catholic elementary education, although it has a lower rating of 5.1. Notre Dame High School (1.1 km) serves as a Catholic secondary option, with a rating of 5.4. Overall, the proximity to these schools, along with their varied educational offerings and ratings, enhances the appeal of this property for potential buyers seeking a family-friendly neighborhood with strong educational opportunities.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small community with a population of 816 residents. The average household consists of 2.2 individuals, with a notable average age of 39.8 years. The community enjoys a relatively high average household income of $112,400, although 10% of the population falls under the low-income bracket. The average property price in the area is $840,000, reflecting the demand for housing. A significant portion of the population, 56.74%, is single, while 35.9% of households include children, indicating a mix of family structures. The area is home to 13.67% immigrants, contributing to its cultural diversity. Renting is prevalent, with 62.12% of residents identified as renters, and condos make up 6.06% of housing options. Education levels are high, with 66.38% of residents holding college or university degrees. However, a notable 33.62% of the population is not in the labor force, which may impact the local economy. Overall, this demographic snapshot highlights a well-educated, diverse community with a mix of families and single individuals, set against a backdrop of relatively high property values.