898 Watson Avenue, Ottawa
Turnkey triplex investment opportunity consisting of a legal duplex with an additional secondary dwelling unit in desirable Fairfield Heights/ Britannia. Strong reliable tenant profile with lots of upside potential, meticulously maintained with over 25 years of pride of ownership. The property features two spacious 3-bedroom units and one 1-bedroom unit, offering an excellent unit mix for stable rental income. Units have been updated over time, with new doors & windows, electrical panels and fully renovated bathroom. Updated kitchens with dishwasher & OTR Microwave. Tenants are reliable and pay on time, with separately metered hydro & gas paid by tenants of upper units, coin operative laundry machines. Recent improvements include two Rheem gas forced-air furnaces (2018 & 2020) and efficient Rinnai Tankless water heater. Ideal for investors seeking a well-maintained, low-maintenance asset or owner-occupants looking to live in one unit while offsetting expenses with rental income. Prime west end location close to Bayshore shopping Centre, Lincoln Heights, Carlingwood Mall, Britannia Beach, steps to transit, new LRT Station and quick easy access to the Queensway. (id:1945)
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Property details for 898 Watson Avenue, Ottawa
- Type
- Multi-family
- Bedrooms
- 7
- Bathrooms
- 3
- Lot Size
- 39 x 100 FT
- Stories
- 2
- Basement
- Finished, Full
- Parking
- Attached Garage, Garage
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Exterior
- Brick
- Annual Taxes
- $6,157 (2026)
Nearby Listings Stat
Estimated price and comparable properties near 898 Watson Avenue
Active Listings
2
Min Price
$898,800
Max Price
$899,900
Avg Price
$899,350
Days on Market
26
days
Sold Listings
2
Min Sold Price
$849,900
Max Sold Price
$939,900
Avg Sold Price
$894,900
Days until Sold
53
days
Neighbourhood Census Data
Ottawa, Ontario
Population
520
Median Age
29.8
Median Income
$25,024
Dwelling Value
$348,936
Housing Tenure
Owners 52%
Renters 49%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 3.2
Pop. Density: 2,896.9/km²
Avg Shelter Cost: $1,122/mo
Owners with Mortgage: 58.8%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 18.8%
English only: 63.5%
French only: 3.8%
English and French: 30.8%
Neither: 2.9%
Median Household Income: $65,792
Median Employment Income: $24,000
Price History
Listed
August 6, 2026
by GRAPE VINE REALTY INC.
Current Price
$899,900
-2.7% from last change
Type
Multi-family
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $899,900 | $25,000 (-2.7%) |
| Aug 19, 2026 | $924,900 | Listed |