448-450 Holland Avenue

Welcome to 448-450 Holland Avenue, Ottawa, a stunningly renovated and meticulously maintained duplex nestled in the highly desirable Civic Hospital neighbourhood. This Multi-Family Home for sale in Ottawa presents a fantastic opportunity for both investors and owner-occupants alike, particularly those keen on offsetting their mortgage with substantial rental income potential in a prime central location.

As you approach 448-450 Holland Avenue, you’ll notice the charming brick exterior that beautifully complements the character of the surrounding area. The property is conveniently located at the intersection of Holland Avenue and Parkdale Avenue, making it easily accessible for residents and visitors. With a generous lot size of 40 X 112 feet, this Multi-Family Home for sale in Ottawa offers ample space for both outdoor enjoyment and potential future enhancements.

Inside, the property boasts a total of nine rooms, including two well-appointed kitchens that are perfect for preparing meals for family or guests. The main floor unit at 450 Holland Avenue features a delightful 2-bedroom, 1-bathroom layout, complete with a bright sunroom that invites plenty of natural light. This unit is currently tenanted on a month-to-month basis at a rental rate of $2,460 per month, providing immediate income for the new owner.

On the upper level, the unit at 448 Holland Avenue offers a spacious 3-bedroom, 1-bathroom layout, with two private balconies that provide lovely views of the surrounding area. This unit has been tastefully updated with quartz countertops, a new kitchen sink and faucet, and includes four appliances, making it an attractive option for prospective tenants. Currently vacant, this unit has a projected market rent of approximately $2,800 per month, bringing the total potential rental income for the property to around $5,260 per month. This makes the Multi-Family Home for sale in Ottawa an excellent investment opportunity.

Both units feature original stained hardwood and tile flooring, which add to the overall charm of the home. The property is equipped with central air conditioning, ensuring comfort during the warmer months. With two separate furnaces and hot water tanks, as well as separate hydro and gas meters, this setup offers added convenience and efficiency for both owners and tenants.

While the property does not have a fireplace or a pool, it does offer parking for up to four vehicles, a significant advantage in this urban setting. The shared basement provides access to separate laundry and storage areas, enhancing the functionality of the Multi-Family Home for sale in Ottawa.

Recent updates have been made to ensure the property remains in excellent condition, including fresh paint throughout Unit 448 in 2026 and Unit 450 in 2024, as well as new A/C units installed in 2024. The electrical system was updated in 2021, and the furnaces were replaced in 2015 and 2018. The roof was also updated in 2021, ensuring peace of mind for the new owner.

Living at 448-450 Holland Avenue, Ottawa, means enjoying an unbeatable urban lifestyle. You’ll be just steps away from Wellington Village, Tunney's Pasture, and Dow's Lake, with easy access to parks, bike paths, cafés, restaurants, grocery stores, and public transit. Major hospitals are also within close proximity, making this location ideal for families and professionals alike.

In summary, this Multi-Family Home for sale in Ottawa is a rare find, combining character, modern updates, and a prime location. Whether you’re looking to invest or seeking a home that accommodates multi-generational living, 448-450 Holland Avenue, Ottawa, is the perfect choice. Be sure to check out the 3D virtual tour, floor plans, and property website for more information, and don’t miss your chance to make this exceptional property your own!

Civic Hospital, located in the heart of Ottawa, is a vibrant and well-connected neighbourhood that offers a unique blend of urban convenience and serene green spaces. Known for its proximity to the Ottawa Hospital and various healthcare facilities, the area is ideal for those in the medical profession or anyone seeking a community with a strong focus on health and wellness. Residents enjoy easy access to public transport, making it simple to explore the wider city, while local amenities such as shops, cafes, and parks provide a welcoming atmosphere. With its charming streets and a mix of historic and modern architecture, Civic Hospital is an inviting place for anyone looking to settle in a dynamic yet peaceful environment.

Schools in the Neighbourhood

The property is conveniently located near several educational institutions, catering to various educational needs and preferences. Within a short distance of approximately 0.8 to 1.2 km, you will find notable elementary schools such as W.E. Gowling Public School and Elmdale Public School, which offer grades JK to 6, with Elmdale rated highly at 8.6 for its French immersion program. Summit Alternative School and Fisher Park Public School, also nearby, provide education for grades 7 to 8 but have lower ratings. For secondary education, Glebe Collegiate Institute, located 2.6 km away, stands out with a commendable rating of 7.7, while Notre Dame High School, a Catholic institution 2.7 km from the property, has a rating of 5.3. Additionally, St. Elizabeth School, a Catholic elementary school, is 1.2 km away and has a solid rating of 4.2. Overall, the area offers a diverse range of schooling options in both English and French, ensuring that families have access to quality education for their children.