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7 Gwynne Ave
Ottawa, ON K1Y 1X1
Multifamily Property For Sale
·
2 Units
INVESTMENT HIGHLIGHTS
- Charming brownstone-inspired duplex in the Civic Hospital area, offering a 3-bed, 3-level unit and a bright 1-bed basement apartment.
- Prime location steps from The Ottawa Hospital, Little Italy, Dows Lake, and transit—perfect for medical staff and professionals.
- Projected 3.8% cap rate with tenants covering all utilities—ideal for hands-off management and strong cash flow.
- Modern finishes and timeless curb appeal, with completion expected by November 30, 2025—a rare pre-construction opportunity.
EXECUTIVE SUMMARY
UNDER CONSTRUCTION 7 is one side only - separate duplexes- 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 FACTS
| Price Per Unit | $533,662 USD | Building Class | B |
| Sale Type | Investment | Construction Status | Under Construction |
| No. Units | 2 | Building Size | 2,000 SF |
| Property Type | Multifamily | Average Occupancy | 0% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 2026 |
| Price Per Unit | $533,662 USD |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Construction Status | Under Construction |
| Building Size | 2,000 SF |
| Average Occupancy | 0% |
| No. Stories | 4 |
| Year Built | 2026 |
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