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3602 - Riverview Park, Alta Vista and Area, ON K1G 0W7
$869,000
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
Owner-Occupied Dream with Significant Mortgage Offset and a great investment opportunity! This exceptional corner lot property in Riverview Park offers a rare opportunity for you to move into the 4-bedroom main level while generating substantial rental income from the legal Secondary Dwelling Unit (SDU) below, dramatically reducing your mortgage payments.The upper unit (467 Braydon Ave, 4 bedrooms, 1 bathroom) is vacant and ready for immediate occupancy by the new owner. Meanwhile, the lower unit (469 Braydon Ave, 4 bedrooms, 1 full bathroom & 1 partial bathroom) is currently rented at $2,555/month, with 4 parking spots generating an additional $260/month, providing excellent cash flow that turns this into a low-risk, high-value asset for an owner-occupier. This property features a LEGAL SDU, TWO hydro meters, and TWO separate street numbers with individual entrances on a CORNER LOT. Located in a zero-vacancy zone, you're steps away from the Faculty of Medicine, The Ottawa Hospital, CHEO & NDMC, and minutes from Train Yards shopping centre, LRT stations, trails, schools, and HWY 417. All major components are updated for peace of mind: Roof (2025); Hot Water Heater (rental, 2025); Central AC (2022); Furnace (2020); All vinyl windows. Loads of value at a fantastic location for those who seek optionality!