CAONOttawa6303 - Queensway Terrace South/ridgeview1274 Cobden Rd
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1274 Cobden Rd, Ottawa, ON

House

For Sale

Listed price in listed location currency (CAD).
$649,900

523

MLS® X12984340

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size -
Garage Carport
Taxes $4,513
Days Active 11
Lot Size 
Approx. Age 
MLS® Number X12984340

Property Address: 1274 Cobden Rd, Ottawa, ON, K2C3A2

Average square foot calculated using Size range provided by listing agent.

Description

Freshly painted bungalow in a prime location, within walking distance to the Baseline bus stop, offering unbeatable convenience! Ideal for first-time buyers or investors, this property presents a fantastic opportunity to own a dual-income home with strong cash flow potential. Featuring two separate units: the upper unit offers 3 bedrooms, a renovated kitchen with NEW stove (2024), and a full bathroom with NEW washer/dryer (2024); the fully finished basement unit includes 2 bedrooms with egress windows (installed 2021), a modern NEW kitchen (2024), full bathroom, separate laundry, storage space, and an independent electric sub-panel (2024). Additional upgrades include a NEW hydro meter (2024) and separate entrances, including a convenient side entrance under the carport. Property includes 2 washers, 2 dryers, 2 stoves, 2 hood fans, and 1 microwave. Both units are currently rented-upstairs at $2, 150/month and basement at $1, 600/month (utilities extra), generating $3, 750/month ($45, 000 annually) in gross income. With estimated expenses including property taxes ($4, 600), insurance ($1, 200), maintenance ($2, 400), and a 5% vacancy allowance, the property delivers an approximate net operating income of $34, 550 and a cap rate of ~5.3% at the asking price of $650, 000, making it a solid and stable income-generating investment. Vacant possession available with proper notice-don't miss this incredible opportunity!
MLS® NumberX12984340
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageCarport
Approx. Age
BasementApartment
DrivewayGarage Type:Carport
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 10, 2026List Date
$649,900List Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price

Home Appraisal

This property is estimated to sell between: $649,000 and $863,000.
Similar properties in this area sold on average for: $791,666
Expected to sell in 18 days. Similar properties sold in 29 days. This home has been on eXp Realty for 11 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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Starting Address
Destination Address
1274 Cobden Rd, Ottawa, ON

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