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207 - 980 GULF PLACE
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Beds
5
Baths
3 full + 1 half
Sqft
—
Year
—
Type
Single Family
On market
32d
***LOCATION*** LOCATION*** Welcome to 980 Gulf Place - a rare opportunity for first-time buyers, growing families, or savvy investors looking for space, flexibility, and convenience in one of Ottawa's well-connected communities. This spacious home offers 4 generously sized bedrooms above grade, plus an additional bedroom in the fully finished basement, along with 3 bathrooms, including a full bathroom on the lower level. The basement is thoughtfully designed for independent living, making it ideal for extended family, guests, or potential rental income opportunities. Step inside and discover a functional layout filled with natural light, comfortable living spaces, and the versatility today's buyers are searching for. Whether you're looking to offset your mortgage, accommodate multigenerational living, or simply enjoy extra space, this property delivers exceptional value and flexibility. Perfectly situated in a desirable neighbourhood, this home places you close to everything you need - including shopping, parks, schools, recreation facilities, and major employers. Enjoy easy access to La Cité Collégiale, National Research Council Canada and Montfort Hospital, while St. Laurent Shopping Centre and downtown Ottawa are just minutes away. A location that offers both everyday convenience and excellent long-term investment potential. Whether you are purchasing your first home or expanding your investment portfolio, 980 Gulf Place offers comfort, flexibility, and a prime location in one exceptional package. Updates :Painting: all rooms in the house (2025)Tiles: kitchen, hallway, and powder room (2025)Lighting: new chandelier and ceiling light throughout the house (2025)Kitchen: new range hood and faucet (2025)Powder room: new toilet and vanity (2025)New mirror and accessoriesFlooring: new hardwood flooring in the living room, dining room, and one of the bedroomsStair treads leading to the basement and first floor have also been renovatedNew doors (front and back) (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bathroom | 2.55 × 2.19 meters | |
| Utility room | 2.23 × 4.38 meters | |
| Bedroom | 5.41 × 4.02 meters |
Ground level
| Room | Dimensions | Features |
|---|---|---|
| Partial bathroom | 1.13 × 1.75 meters | |
| Foyer | 1.32 × 2.27 meters | |
| Kitchen | 2.19 × 4.25 meters | |
| Dining room | 2.29 × 3.2 meters | |
| Living room | 3.41 × 5.41 meters |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Bathroom | 1.47 × 2.25 meters | |
| Primary Bedroom | 4.82 × 3.15 meters | |
| Bedroom 2 | 3.8 × 2.46 meters | |
| Bedroom 3 | 2.45 × 4.17 meters | |
| Bedroom 4 | 3.18 × 4.17 meters |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
6.17%
Cap rate
6.10%
GRM
11.4
Break-even rent
$2,813
Financing
Operating expenses (monthly)
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Approximation 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.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated May 12, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
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.