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Investment signal

$799,900

56 SMIRLE AVENUE

Save this home

Beds

4

Baths

2

Sqft

Year

Type

Multi-family

Suite

Investment signal

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

Discover the perfect opportunity to own a solid, income-generating duplex in the heart of Hintonburg and Tunney's Pasture at an accessible entry point into one of Ottawa's most vibrant and high-demand communities. This charming 1922-built duplex at 56 Smirle Ave offers immediate cash flow potential while allowing you to live in or easily show the bright, vacant main-level unit, while the second-floor unit is currently tenanted to help offset your carrying costs right from day one. Recent major upgrades include a complete rewiring of the entire electrical system in 2026 with a brand-new panel and two separate electrical meters, ensuring modern safety and easy separation of utilities, alongside a roof replaced in 2014 and maintained in 2020, a yearly serviced furnace, and shared laundry facilities in the basement. Complemented by a detached garage and private driveway, the property is nestled in a sought-after area known for its trendy shops, artisanal cafés, beautiful parks, and proximity to Tunney's Pasture station. With reasonable property taxes, this duplex represents excellent value for investors or first-time homeowners looking for long-term appreciation in a location where demand consistently outpaces supply, making it a rare chance to secure a piece of this dynamic community. 24 hours irrevocable on all offers. Some photos are digitally enhanced. (id:65958)

Subtype
Multi-family
Structure
Duplex
Community
4302 - Ottawa West
Lot dimensions
33 x 91.2 FT
Bedrooms
4 above grade, 0 below grade
Parking
4 total
Stories
2
On market
Apr 15, 2026
Status changed
Apr 24, 2026
Annual tax
$6,842.39 (2025)
Photos
15
MLS#
X13001804
Area
OTTAWA

Features and systems

Parking

Detached GarageGarage

Basement

UnfinishedFull

Appliances

WasherRefrigeratorWater meterStoveDryer

Heating

Forced airNatural gas

Cooling

None

Exterior

Vinyl siding

Foundation

Poured Concrete
Negative cash flow ~$889/mo at these assumptions

Cash on cash

-6.67%

Cap rate

3.53%

GRM

16.7

Break-even rent

$4,936

Financing

Down payment$159,980
Loan amount$639,920
Mortgage$3,242/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$367
Insurance$80
Maintenance$667
CapEx reserve$333
Vacancy loss$200

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 $3,242/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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