Home with brick exterior material, building for 7 Gwynne Ave, Ottawa Ontario K1Y 1X1
1 hour on Market

7 Gwynne Ave, Ottawa, Ontario K1Y 1X1

Townhouse
4
4
~1500-2000 sqft
$1,689,900
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Townhouse
4
4
~1500-2000 sqft

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Highlights

Property Estimate

Days on market1 hour

Estimated valueNot available

Price/Sqft$985/sqft

Monthly cost

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+4

Properties sold*

$504K

Median sold price*

*Based on last 30 days

Description

UNDER CONSTRUCTION - Charming brownstone-inspired design investment property in the heart of the Civic Hospital neighbourhood, perfectly positioned for steady rental demand from medical staff, students and urban professionals. This two-unit building features a generous 3-bedroom, 3-floor duplex (Unit 1) plus a bright 1-bed/1bath apartment (Unit 2). Expected 3.8% cap rate; tenants pay all utilities. Property highlights: Unit 1: Three bedrooms spread over three floors bright, townhouse-style layout with classic brownstone curb appeal Unit 2: One bedroom, one bathroom efficient and easy to lease Attractive façade and modern interior finishes (brownstone-modelled design)Tenants responsible for all utilities simplifies owner expenses and management Ideal investment for doctors, nurses or investors seeking close proximity to healthcare employment Neighbourhood & lifestyle: In the Civic Hospital area steps to The Ottawa Hospital (Civic campus) and rapid access to transit Short walk to Little Italy: excellent cafés, authentic Italian restaurants and specialty grocers for memorable dining and shopping Scenic walks along the Rideau Canal and around Dows Lake spectacular tulip displays each spring and beautiful water views year-round Central Experimental Farm and its botanical gardens: peaceful walking paths and seasonal displays right nearby Enjoy skating on the 7.8 km Rideau Canal Skate way in winter and lively outdoor recreation in warmer months Investment notes: Expected cap rate: 3.8% (prospective buyers should verify figures and review income/expense statements)Strong tenant pool due to proximity to hospitals, research and schools For full financials, floor plans and to schedule a showing, contact the listing agent. This is a rare opportunity to own a stylish, income-producing property in one of the city's most desirable, walkable neighbourhoods. (Under construction, expected completion November 30th, 2025) Raised basement apartment 602 sqft. Simi-detached


Property Details

Style3-Storey
View-
Age of property-
SqFt~1500-2000 SqFt
Lot Size1,340 SqFt(58.37 x 22.97)
Parking Spaces-
MLS ®NumberX12388102
Community NameCivic Hospital-Central Park
Data SourceTRREB
Listing byROYAL LEPAGE INTEGRITY REALTY

Features

Heating: Forced Air
Cooling: Central Air
Basement: Apartment

2nd Floor

Kitchen

3.9 x 3.3

Powder Rm

1.5 x 1.4

2 Pc Bath

Great Rm

5.6 x 5.5

Combined W/Dining


Features

Lot size: 1,340 SqFt

Property History

Sep 8, 2025
ListedActive
$1,689,900
1 hour on market
history photo preview9
Listing by trreb®

Market Data - Civic Hospital-Central Park

Geo Zone Map ThumbnailCivic Hospital-Central Park

Balanced Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

16 days

Compared to

2024

46 days

2023

16 days

2022

69 days

New Listings

Past 30 days

3 listings

Compared to

2024

3 listings

2023

4 listings

2022

3 listings

Units sold

Past 30 days

2 units

Compared to

2024

4 units

2023

5 units

2022

1 unit

Median Sold Price

Past 30 days

$572,500

Compared to

2024

$503,500

2023

$585,000

2022

$590,000


Population and Demographics

Overview

Total population 15936
Average household income $133,147

Age (%)

0 to 19
20%
20 to 34
25%
35 to 49
19%
50 to 64
19%
65 and plus
17%

Household composition (%)

Single family
55%
Single person
37%
Multi person
8%
Multi family
0%

Mother tongue (%)

English
69%
French
9%
Arabic
5%
Mandarin
2%
Others
2%
Yue (Cantonese)
2%
Italian
2%
English and French
2%
Somali
1%
Vietnamese
1%
Spanish
1%

House tenancy (%)

Owners
50%
Renters
50%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget