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Investment signal

$969,000

217 DOVERCOURT AVENUE

Save this home

Beds

5

Baths

3

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

Rare opportunity in the heart of Westboro! This spacious semi-detached home and LEGAL DUPLEX sits on a generous corner lot on a quiet street and has been converted into 3 self-contained units (two 2-bedroom units and one 1-bedroom unit) and is generating over $5,600/month in rental income. Updated with investors in mind, major upgrades include plumbing, electrical, roof, and windows (2022). Each unit features its own private entrance, full kitchen, bathroom, and in-unit laundry. Huge windows floor the space with natural light, and the entire property is carpet-free! Rents are currently below market, offering excellent upside potential. Located steps to transit, grocery stores, schools, parks, a fenced dog park, trendy shops, restaurants, and the Ottawa River, with easy access to Highway 417 and downtown. Fenced backyard, attached garage, and large driveway included. A turnkey investment opportunity, or a spacious property easily converted back to a single-family home with in-law suite! Currently rented to great month-to-month tenants. (id:65958)

Subtype
Single Family
Structure
House
Community
5003 - Westboro/Hampton Park
Common interest
Freehold
Lot dimensions
77.3 FT ; 1
Bedrooms
4 above grade, 1 below grade
Parking
5 total
Stories
2
On market
Apr 24, 2026
Status changed
Apr 24, 2026
Annual tax
$6,660.74
Zoning
To be verified.
Photos
49
MLS#
X13042248
Area
OTTAWA

Features and systems

Parking

Attached GarageGarage

Basement

FinishedFull

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Brick

Foundation

Block

Lot

Carpet FreeIn-Law Suite

Utilities

SewerElectricityCable
Negative cash flow ~$1,056/mo at these assumptions

Cash on cash

-6.54%

Cap rate

3.56%

GRM

16.6

Break-even rent

$5,961

Financing

Down payment$193,800
Loan amount$775,200
Mortgage$3,928/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$444
Insurance$80
Maintenance$808
CapEx reserve$404
Vacancy loss$243

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 $3,928/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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