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Investment signal

$889,000

924 BERMUDA AVENUE

Save this home

Beds

8

Baths

4

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

Don't miss this exceptional investment opportunity with a fully furnished, legal duplex on a prime corner lot, offering 8 bedrooms, 4 full bathrooms, and parking for up to 10 vehicles. This turn-key property delivers strong cash flow, ideal for both investors and owner-occupants seeking income support. The upper unit features 4 spacious bedrooms, 2 full bathrooms, an updated kitchen, and a bright, open-concept living and dining area, with a recently replaced A/C unit. The lower unit, fully renovated in 2017, mirrors the same layout with modern finishes, large windows, and a sleek kitchen with a breakfast bar. Each self-contained unit includes in-suite laundry and separate hydro meters (200 amps total), ensuring privacy and easy management. Extensive upgrades include a new roof and windows (2017), A/C units and attic insulation (2018), fencing (2020), high efficient hot water system (2021), full driveway paving (2024), and fresh paint throughout (2025). Located just minutes from downtown, La Cite Collegiale, Montfort Hospital, NRC, DND, LRT, transit, and shopping, this high-demand rental is a rare, low-maintenance income property in one of Ottawa's most accessible neighborhoods. Full rent roll is attached to this listing for your review. Book your private showing today! (id:65958)

Subtype
Multi-family
Architectural style
Bungalow
Structure
Duplex
Community
3505 - Carson Meadows
Lot dimensions
50.7 x 101.2 FT
Bedrooms
4 above grade, 4 below grade
Parking
10 total
Stories
1
On market
Feb 10, 2026
Status changed
Apr 24, 2026
Annual tax
$5,150 (2025)
Photos
30
MLS#
X12776348
Area
OTTAWA

Features and systems

Parking

CarportNo Garage

Basement

FinishedSeparate entranceN/AN/A

Appliances

RefrigeratorDishwasherDryerMicrowaveTwo stovesTwo Washers

Cooling

Wall unit

Exterior

Brick

Foundation

Concrete
Negative cash flow ~$975/mo at these assumptions

Cash on cash

-6.58%

Cap rate

3.55%

GRM

16.6

Break-even rent

$5,476

Financing

Down payment$177,800
Loan amount$711,200
Mortgage$3,604/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$407
Insurance$80
Maintenance$741
CapEx reserve$370
Vacancy loss$223

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 $3,604/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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