467-469 Braydon Avenue

Introducing a remarkable investment opportunity with a legal secondary dwelling unit (SDU) at 467-469 Braydon Avenue, Ottawa. This detached bungalow is situated on a corner lot in the desirable community of Riverview Park, making it an ideal choice for both investors and buyers seeking a low-risk asset. The property boasts two hydro meters and two street numbers, each with separate entrances, enhancing its appeal and functionality.

The house for sale in Ottawa features a total of seven rooms, including four spacious bedrooms and three bathrooms, providing ample space for residents. The upper unit, located at 467 Braydon Avenue, comprises four bedrooms and one bathroom, currently rented at an impressive rate of £2,706 per month. Meanwhile, the lower unit at 469 Braydon Avenue also offers four bedrooms, along with one full bathroom and an additional partial bathroom, generating a rental income of £2,478 per month. This setup not only provides great cash flow but also presents the potential for increased income, currently achieving a cap rate of 6.04%.

The property is well-equipped with essential amenities, including central air conditioning, ensuring comfort throughout the year. The kitchen is conveniently located in the basement, along with an additional kitchen, making it perfect for accommodating multiple tenants or families. While the house does not include a family room or a central vacuum system, it compensates with a finished basement that features a separate entrance, adding to the property's versatility.

Parking is not an issue, as the house for sale in Ottawa offers four dedicated parking spaces, currently rented at £260 per month. The driveway is accessible via a lane, providing ease of access for residents and guests alike. The exterior of the property showcases a combination of brick and vinyl siding, contributing to its overall aesthetic appeal and durability.

Situated within close proximity to the Faculty of Medicine, the Ottawa Hospital, CHEO, and NDMC, this property is perfectly positioned for those seeking convenience and accessibility. The Train Yards shopping centre, LRT stations, schools, and Highway 417 are just minutes away, making it an ideal location for tenants and homeowners alike.

The lot measures an impressive 60 by 97 feet, providing ample outdoor space for potential landscaping or recreational use. Although there is no pool on the premises, the outdoor area can be utilised for various purposes, enhancing the overall living experience. All major components of the house have been updated, including the roof, which was replaced in 2025, and the hot water heater, also a rental, updated in 2025. The central air conditioning system was installed in 2022, while the furnace was replaced in 2020. Additionally, all windows have been upgraded to vinyl, ensuring energy efficiency and low maintenance.

In summary, this house for sale in Ottawa at 467-469 Braydon Avenue represents a fantastic investment opportunity in a zero-vacancy zone. With its legal SDU, updated features, and prime location, it is an attractive option for investors looking for reliability and cash flow, as well as for buyers seeking a spacious and well-appointed home. Don’t miss the chance to acquire this exceptional property in Riverview Park, where convenience meets opportunity. Whether you are an investor or a homeowner, this house for sale in Ottawa is worth considering for your next venture.

Riverview Park, located in the vibrant city of Ottawa, is a charming residential neighbourhood that offers a perfect blend of suburban tranquillity and urban convenience. Nestled alongside the picturesque Rideau River, this community boasts lush green spaces, well-maintained parks, and scenic walking trails, making it an ideal setting for outdoor enthusiasts and families alike. With a variety of local amenities, including shops, schools, and recreational facilities, residents enjoy a welcoming atmosphere that fosters a strong sense of belonging. The area is well-connected to public transport and major roadways, ensuring easy access to downtown Ottawa and beyond. Whether you’re seeking a peaceful retreat or a lively community spirit, Riverview Park presents an inviting place to call home.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an excellent choice for families. The closest school is Riverview Alternative, an English-language public elementary school offering grades JK to 6, just 0.4 km away, though it has a lower school rating of 1.5. Vincent Massey Public School, also an elementary institution, is located 1.1 km away and offers both English and French language programs for grades JK to 8, boasting a commendable rating of 6.9. For secondary education, Hillcrest High School, situated 1.1 km from the property, serves grades 9 to 12 and has a rating of 5.7. Additionally, St. Gemma School, a Catholic elementary school offering grades JK to 6, is 2.2 km away and enjoys a strong rating of 7.7. Lastly, Immaculata High School, a Catholic secondary school for grades 7 to 12, is located 2.5 km from the property and has a rating of 5.8. With a variety of educational options in close proximity, this location is ideal for families prioritizing quality education for their children.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 556 residents, with an average household size of 2.4 individuals. The demographic profile reveals an average age of 43.6 years and a robust average household income of $154,000, indicating a relatively affluent community. Low-income households constitute only 3.2% of the population, reflecting economic stability. The average property price in the area is $636,000, suggesting a competitive real estate market. The community is diverse, with 14.95% of residents being immigrants and 35.11% identifying as single. Families are also prevalent, as 38.24% of households include children. The rental market is modest, with 20% of residents renting their homes, while 17.78% reside in condominiums. Education levels are notably high, with 82.02% of the population holding a college or university degree. However, a significant portion, 32.58%, is not in the labor force, which may indicate a mix of retirees and individuals engaged in non-traditional work. Overall, this area presents a blend of affluence, educational attainment, and family-oriented living, making it an attractive location for potential homebuyers and investors.