929 Merivale Road
5302 - Carlington, Carlington - Central Park, K1Z 5Z7
FOR SALE
$699,900
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2 + 1
BEDROOMS 2
BATHROOMS 1
KITCHENS 8 + 6
ROOMS X13559360
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Property Description
Welcome to 929 Merivale Road! This fully renovated detached home offers exceptional lifestyle appeal and future potential. Ideally located close to all amenities, the Civic Hospital, Westboro shops and restaurants, with easy access to major highways. The bright open-concept main level features a sun-filled living area with electric fireplace, formal dining room, and renovated kitchen with new stainless steel appliances, ample cabinetry and counter space, plus a charming window-side reading nook. The upper level offers two spacious bedrooms with hidden storage accessible through the second bedroom. The lower level includes a third bedroom with walk-in closet, a second full bathroom with high-efficiency washer and dryer, and plenty of storage. Outside, enjoy a large backyard, oversized driveway accommodating 3-4 vehicles, and a detached garage. Prime lot ZONING TM[2190]offers excellent future development or redevelopment potential, making this property ideal for homeowners, investors, or builders alike.
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Property Features
Fenced Yard, Park, Place Of Worship, Public Transit, School, None
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Property Details
Address
929 Merivale Road
Community
Postal Code
K1Z 5Z7
Property Type
Detached, Detached
Zoning
Residential
Lot Size
45' x 115'
Taxes
$4,685 (2025
Basement
Full, Finished
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
3
Garage Type
Detached
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Listing contracted with Re/Max Hallmark Realty Group
Fully rented and generating immediate cash flow, this turnkey investment property features two self contained 1 bedroom, 1 bathroom units, with Unit A rented for $1,950/month and Unit B rented for $1,800/month, providing stable income from day one. Beautifully renovated and meticulously maintained, this versatile property offers exceptional value and long term potential in one of Ottawa's most connected and sought after neighborhoods. Designed to appeal to today's tenants, both units have been thoughtfully updated, minimizing future maintenance and maximizing rental appeal. Beyond the current income stream, new zoning bylaws may present future development opportunities, making this not only a strong cash flowing asset but also a strategic long term investment. Professionals and healthcare workers are consistently drawn to the unbeatable location, just steps from the Civic Hospital and the iconic Experimental Farm. Commuting is effortless with quick access to Highway 417, while nearby cycling paths and green spaces support an active urban lifestyle. On weekends, tenants can enjoy the vibrant cafés, restaurants, and amenities of Little Italy or spend time along the scenic shores of Dows Lake. Low maintenance, fully tenanted, and positioned in a thriving urban corridor, this is a rare opportunity to acquire a high performing Ottawa investment property with immediate income and future upside. Photos were taken prior to currents tenants. Some photos have been virtually staged.
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Investor's Commercial Opportunity! Fantastic income-generating property with potential for two rental units in the highly desirable Royal & Civic Hospital area. This spacious home features 4 bedrooms, 2 full bathrooms, and sits on a large lot offering both space and long-term development potential. there are 2 bedrooms on second level and 1 bedroom in the main level, with 1 full bathroom, Upper level is currently rented at $1,500/month. Lower level: Non-confirmed bachelor apartment with full bathroom, currently rented at $750/month. A great opportunity for investors seeking strong cash flow or end users looking to live in one unit and rent the other. Close to hospitals, transit, shopping, and all amenities.
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Welcome to this charming two-bedroom bungalow, where immediate comfort meets future possibility. Nestled on a generous, beautifully maintained lot, this property is a rare find that perfectly suits first-time buyers, downsizers, or savvy investors alike. From the moment you arrive, the pride of ownership is evident both inside and out. The real magic lies in the exceptional outdoor space. The expansive lot and prime location offer a canvas for your dreams-whether you want to expand, renovate, build your custom masterpiece, or explore lucrative redevelopment opportunities. Roof is 2013, Furnace and A/C are 2001. Water heater is owned.
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NEW $10,000 BUYER INCENTIVE! The Seller is offering a $10,000 credit to the Buyer on closing that may be applied toward legal fees, disbursements, land transfer tax and other expenses. Welcome to 1247 Summerville Avenue in desirable Carlington-a charming 1-storey detached home offering an opportunity for first-time buyers, homeowners and investors alike. Featuring 2 bedrooms, 2.5 bathrooms and a finished basement, the home provides comfortable and flexible living space with additional storage. Situated on a generous 40 x 135 ft lot, enjoy a large private backyard with plenty of room for entertaining, gardening and outdoor living. The N4B zoning also adds exciting future redevelopment potential for those looking beyond today's use. Located in a mature, established neighbourhood close to parks, schools, shopping, transit, the Civic Hospital and with easy access to downtown Ottawa. Whether you're looking for a place to call home or a property with future possibilities, 1247 Summerville offers the chance to enjoy it today while investing in tomorrow. Ask your REALTOR for complete details about the $10,000 Buyer Incentive.
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