Owner-Occupied Dream with Significant Mortgage Offset and a great investment opportunity! This exceptional corner lot property in Riverview Park offers a rare opportunity for you to move into the 4-bedroom main level while generating substantial rental income from the legal Secondary Dwelling Unit (SDU) below, dramatically reducing your mortgage payments.The upper unit (467 Braydon Ave, 4 bedrooms, 1 bathroom) is vacant and ready for immediate occupancy by the new owner. Meanwhile, the lower unit (469 Braydon Ave, 4 bedrooms, 1 full bathroom & 1 partial bathroom) is currently rented at $2,555/month, with 4 parking spots generating an additional $260/month, providing excellent cash flow that turns this into a low-risk, high-value asset for an owner-occupier. This property features a LEGAL SDU, TWO hydro meters, and TWO separate street numbers with individual entrances on a CORNER LOT. Located in a zero-vacancy zone, you're steps away from the Faculty of Medicine, The Ottawa Hospital, CHEO & NDMC, and minutes from Train Yards shopping centre, LRT stations, trails, schools, and HWY 417. All major components are updated for peace of mind: Roof (2025); Hot Water Heater (rental, 2025); Central AC (2022); Furnace (2020); All vinyl windows. Loads of value at a fantastic location for those who seek optionality!
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
Bungalow
Total Approx Floor Area:
1100-1500
Lot Depth:
97'1"29.6 m
Lot Frontage:
60'18.3 m
Direction Faces:
East
Bedrooms:
4+4
Bathrooms:
3.0
Water supply:
Municipal
Kitchens:
2
Kitchens in Basement:
1
Bedrooms Above Grade:
4
Bedrooms Below Grade:
4
Kitchens Above Grade:
1
Rooms Above Grade:
7
Rooms Below Grade:
7
Heating type:
Forced Air
Heating Fuel:
Gas
Fireplaces:
1
Foundation:
Concrete Block
Roof:
Asphalt Shingle
Basement:
Finished, Separate Entrance
Fireplace/Stove:
Yes
Garage:
None
Garage Spaces:
0.0
Parking Features:
Lane
Parking Spaces:
4
Total Parking Spaces:
4.0
Family Room:
No
Possession Details:
Flexible
Pool:
None
Link:
No
HST Applicable To Sale Price:
Included In
Taxes:
$5,200 /
2025
Assessment:
$- /
-
Ottawa
Alta Vista and Area
3602 - Riverview Park
Carpet Free, In-Law Suite, On Demand Water Heater, Primary Bedroom - Main Floor, Separate Hydro Meter
Data was last updated June 21, 2026 at 02:15 AM (UTC)
Area Statistics
Listings on market:
44
Avg list price:
$998,450
Min list price:
$549,900
Max list price:
$3,299,000
Avg days on market:
17
Min days on market:
1
Max days on market:
149
These statistics are generated based on the current listing's property type
and located in
Alta Vista and Area. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.