1 day on Market

1991 Banff Ave, Ottawa, Ontario K1V 7X6

Townhouse
6
4
~2500-3000 sqft
$1,299,000
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Townhouse
6
4
~2500-3000 sqft

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Highlights

Property Estimate

Days on market1 day

Estimated valueNot available

Price/Sqft$476/sqft

Monthly cost

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+1

Properties sold*

$328K

Median sold price*

*Based on last 30 days

Description

Exceptional Investment Opportunity - Live In One Unit, Rent the Other! Discover the perfect blend of functionality, comfort, and opportunity in this rarely offered duplex, ideally located in a central neighbourhood just minutes from the LRT, schools, shopping, dining, and all major amenities. Whether you're looking for a smart investment or a multi-generational living solution, this property checks all the boxes. Each unit in this well-maintained duplex is thoughtfully designed with separate heat and hydro meters for added convenience and financial independence. Step inside each unit to find a welcoming foyer with a convenient powder room, leading to a spacious and bright living area that flows seamlessly into the dining room. From here, walk out to your own private backyard oasis - both units boast fully fenced yards with brand-new fencing, perfect for relaxing or entertaining, and each one backs directly onto a peaceful park for added privacy and greenery. The kitchens in both units offer ample space for meal prep and storage, while upstairs, you'll find three generously sized bedrooms and a full bathroom featuring cheater en-suite access to the primary bedroom, a layout thats both functional and family-friendly, while also offering potential for future upgrades. Downstairs, each unit includes a partially finished basement with a versatile bonus family room, offering even more living space for kids, guests, or a home office. Additional highlights include two separate garages, recently updated furnaces, AC units, and roof, giving you peace of mind for years to come. Live in one unit and rent out the other for extra income or add this solid, centrally located property to your investment portfolio. Opportunities like this don't come often!


Property Details

Style2-Storey
View-
Age of property-
SqFt~2500-3000 SqFt
Lot Size4,433 Ac(87.8 x 50.5)
Parking Spaces8
MLS ®NumberX12394587
Community NameLedbury - Heron Gate - Ridgemont - Elmwood
Data SourceTRREB
Listing byROYAL LEPAGE TEAM REALTY

Features

Heating: Forced Air
Cooling: Central Air
Basement: Part Fin

Features

Lot size: 4,433 Ac

Parking

Garage spaces 2

Garage type Attached

Other parking spaces 6

Total parking spaces 8


Property History

Sep 10, 2025
ListedActive
$1,299,000
1 day on market
history photo preview47
Listing by trreb®

Market Data - Ledbury - Heron Gate - Ridgemont - Elmwood

Geo Zone Map ThumbnailLedbury - Heron Gate - Ridgemont - Elmwood

Strong Seller's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

2024

74 days

2023

36 days

2022

16 days

New Listings

Past 30 days

0 listing

Compared to

2024

3 listings

2023

3 listings

2022

4 listings

Units sold

Past 30 days

0 unit

Compared to

2024

1 unit

2023

4 units

2022

3 units

Median Sold Price

Past 30 days

$0

Compared to

2024

$328,200

2023

$378,000

2022

$385,000


Population and Demographics

Overview

Total population 13100
Average household income $89,646

Age (%)

0 to 19
27%
20 to 34
27%
35 to 49
19%
50 to 64
16%
65 and plus
10%

Household composition (%)

Single family
56%
Single person
33%
Multi person
10%
Multi family
0%

Mother tongue (%)

English
49%
Arabic
14%
French
11%
Somali
7%
Others
3%
Spanish
3%
English and French
2%
Nepali
2%
Tagalog (Pilipino, Filipino)
1%

House tenancy (%)

Renters
69%
Owners
31%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget