345 Cunningham Avenue, Alta Vista, Ottawa — a renovated legal duplex minutes from The Ottawa Hospital General Campus & CHEO. Two self-contained suites: live in one, rent the other.
A legally-conforming duplex rebuilt with ~$400,000 of renovation: a full secondary dwelling unit and a rebuilt main level, with city permits and occupancy certificate on file — plus a top-to-bottom refresh of the lower suite in 2026 (new drywall, flooring, paint). Both suites are currently tenanted ($2,950 + $1,500/month, $53.4K/year), professionally managed, with complete records. Buy it as a turnkey investment — or move into either suite and let the other one work for you.
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The honest math: at a $1.05M purchase with 20% down (~5%, 30-year), the mortgage runs about $4,500/month — and the main suite's $2,950 rent covers roughly two-thirds of it. You own a renovated Alta Vista home for less than the rent on a downtown one-bedroom, while building equity in a property with two incomes behind it. (Illustrative only — verify with your mortgage advisor.)
We're the owners — no agent, no pressure, and the current tenants are treated with respect (visits arranged on 24-hour notice). Serious buyers receive the full photo package and data room.
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