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Investment signal

$699,000

178 MCCLELLAN ROAD

Save this home

Beds

4

Baths

4 full + 1 half

Sqft

Year

Type

Single Family

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Ottawa. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Turnkey TWO living units | INCOME + LIFESTYLE OPPORTUNITY over 5% Cap Rate! An exceptional opportunity to own a fully renovated semi-detached duplex offering immediate cash flow and long-term stability. Currently tenanted on a month-to-month basis, this property provides flexibility for both investors and end-users. The existing tenants are happy in the home and open to signing long-term leases, ensuring reliable, consistent income. Perfect for a savvy buyer, you also have the option to live in the upper unit and rent out the lower level, significantly offsetting your mortgage-or utilize the lower suite as a nanny or in-law space.The upper unit features 3 spacious bedrooms and 3 bathrooms, including a private ensuite, while the lower unit offers a bright and functional 1-bedroom suite with its own ensuite and separate entrance. Both units have been beautifully updated with brand new kitchens, quartz countertops, new appliances, and modern, high-quality finishes throughout.Enjoy hardwood flooring in the main unit, vinyl laminate in the lower level, and porcelain tile accents that add a clean, contemporary touch.Major upgrades include legal egress windows (2021), electrical panel (2021), central A/C (2021), roof (2012), and an in-line hot water tank. With over $200,000 invested in renovations (2021), this property is truly move-in ready. A rare opportunity to secure a versatile, income-producing property with strong upside-don't miss it. 24 hours' notice required for all showings. (id:65958)

Subtype
Single Family
Structure
House
Community
7603 - Sheahan Estates/Trend Village
Common interest
Freehold
Lot dimensions
28.4 x 118.5 FT
Bedrooms
3 above grade, 1 below grade
Parking
2 total
Stories
2
Fireplace
Yes
On market
Mar 23, 2026
Status changed
Apr 24, 2026
Annual tax
$3,800
Photos
25
MLS#
X12910842
Area
OTTAWA

Features and systems

Parking

No Garage

Basement

FinishedN/A

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Aluminum siding

Foundation

Block

Lot

In-Law Suite
Negative cash flow ~$783/mo at these assumptions

Cash on cash

-6.72%

Cap rate

3.52%

GRM

16.6

Break-even rent

$4,324

Financing

Down payment$139,800
Loan amount$559,200
Mortgage$2,833/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$320
Insurance$80
Maintenance$583
CapEx reserve$291
Vacancy loss$175

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $2,833/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.

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