981 Larkin Street

Presenting an exceptional opportunity with a Multi-Family Home for sale in Ottawa , located at 981 Larkin Street, Ottawa. This solid, all-brick duplex is an ideal investment for those seeking flexibility for multi-generational living or rental income. Nestled in the desirable Carlington Park neighbourhood, this property boasts a mature lot that enhances its appeal, framed by tall trees and hedging that provide added privacy. The exterior showcases a classic brick façade complemented by vinyl siding, creating a welcoming first impression.

The property features a large detached garage, providing ample space for parking, while the private lane driveway accommodates up to three vehicles. The total lot size measures 50 X 100 feet, offering a generous outdoor space that can be enjoyed by residents. The Multi-Family Home for sale in Ottawa is designed as a 2-storey multiplex, which allows for a variety of living arrangements, making it a perfect choice for investors or families looking for shared living spaces.

Inside, the layout is thoughtfully designed to maximise comfort and practicality. The main and second-level units each feature three spacious bedrooms, a full bathroom, and a functional kitchen, making them ideal for long-term tenants or extended family living. The bright living areas are filled with natural light thanks to large windows, creating warm and inviting interiors that are sure to make anyone feel at home. In total, the property comprises twelve rooms, including an additional den, providing ample space for various needs.

One of the standout features of this Multi-Family Home for sale in Ottawa is the lower level, which includes a self-contained one-bedroom in-law suite. This suite is complete with a three-piece bathroom featuring a standing shower, its own kitchen, and an open living area. This arrangement offers additional income potential or serves as private accommodations for guests or family members, further enhancing the versatility of the property.

The home is equipped with central air conditioning, ensuring a comfortable environment throughout the year. Heating is provided by a forced air system, and the property is connected to municipal water and sewer services. While there is no fireplace or central vacuum system, the absence of these features does not detract from the overall appeal of the home. Additionally, the property is being sold unfurnished, allowing new owners the opportunity to personalise the space to their liking.

The Multi-Family Home for sale in Ottawa is situated in a community that offers a wealth of amenities. Residents will find themselves close to parks, schools, and public transit, making it easy to navigate the city. Shopping options are also conveniently located nearby, and quick access to major routes ensures that commuting is a breeze. This central location within the Carlington Park community adds significant value to the property, making it a desirable choice for both families and investors.

In summary, 981 Larkin Street, Ottawa, presents a rare opportunity to acquire a versatile, income-generating property in an established neighbourhood. With its three separate living spaces, strong rental flexibility, and the added value of a detached garage, this Multi-Family Home for sale in Ottawa is not to be missed. Whether you are looking to invest or seeking a home that accommodates extended family living, this property offers everything you need and more. Don't miss your chance to explore this exceptional opportunity in the heart of Ottawa.

Carlington, located in the heart of Ottawa, is a charming and diverse neighbourhood that offers a blend of urban convenience and suburban tranquility. This community is characterised by its tree-lined streets, well-maintained parks, and a variety of housing options, making it an appealing choice for families, young professionals, and retirees alike. With easy access to public transport and major roadways, residents can enjoy a short commute to downtown Ottawa while benefiting from local amenities such as shops, schools, and recreational facilities. The sense of community is palpable, with numerous events and gatherings that foster a welcoming atmosphere, making Carlington an ideal place to call home.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, providing excellent options for families. Within a 1.0 km radius, W.E. Gowling Public School offers both English and French language instruction for grades JK to 6, though it has a lower school rating of 2.3. A short 1.6 km away, Broadview Avenue Public School, also offering English and French programs for grades JK to 8, boasts a much higher rating of 7.3, making it a strong choice for younger students. For secondary education, Nepean High School is just 1.8 km from the property and has an impressive rating of 8.1, catering to grades 9 to 12. Additionally, St. Elizabeth School, a Catholic institution located 0.7 km away, serves grades JK to 6 and has a respectable rating of 4.2. Notre Dame High School, another Catholic option, is situated 1.4 km from the property and serves grades 7 to 12 with a rating of 5.3. Overall, the area offers a diverse range of schooling options, ensuring that residents have access to quality education for their children.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small, affluent community with a population of 551 residents. The average household size is 2.2, and the average age of the inhabitants is 43.3 years. With an average household income of $109,000, the area showcases a relatively low percentage of low-income residents at 11.6%. The real estate market reflects this affluence, with an average property price of $584,000. Nearly half of the population, 49.46%, identifies as single, while 39.29% of households include children, indicating a family-friendly environment. The community is diverse, with 23.08% of residents being immigrants. Renters make up 29.41% of the population, though there are no condominiums available in the area. Education levels are notably high, with 61.46% of residents holding a college or university degree. However, a significant portion of the population, 36.46%, is not in the labor force, which may reflect various lifestyle choices or demographic factors. Overall, this area presents a blend of affluence, diversity, and educational attainment, making it an attractive location for potential homeowners.