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Description
Prime Civic Hospital Investment - Projected 4.8% Cap RateUnder Construction - Completion November 2025A rare opportunity to own a new, brownstone-inspired duplex in Ottawa's prestigious Civic Hospital neighbourhood, steps from the city's top healthcare employers, Little Italy, and Dow's Lake.This property is purpose-built for high rental demand and low maintenance ownership.Property Overview:Unit 1: 3-bed, 3-floor duplex - townhouse-style layout with classic curb appealUnit 2: 1-bed, 1-bath raised basement suite (602 sq. ft.)Tenants pay all utilities - streamlined operating costsProjected cap rate: ~4.8% (buyers to verify financials)Highlights:Stylish brownstone façade & modern interior finishesSteps to The Ottawa Hospital (Civic Campus), Carleton University, and transitIdeal for medical professionals or savvy investors seeking steady rental incomeSurrounded by cafes, parks, and the scenic Rideau CanalInvestment Advantage:Quality design, prime location, and a strong professional tenant pool combine to deliver attractive, reliable returns in one of Ottawa's most desirable, walkable areas.
Property Features
Interior
Bedrooms
4
Bedrooms Above Grade
3
Bedrooms Below Grade
1
Bathrooms
4
Kitchens
2
Rooms Above Grade
10
Rooms Below Grade
5
Basement
Apartment
Interior Features
Separate Hydro Meter, Accessory Apartment
Fireplace
No
Exterior & Construction
Architectural Style
3-Storey
Construction
Brick Front, Vinyl Siding
Foundation
Poured Concrete
Roof
Asphalt Shingle
Pool
None
Direction Faces
East
Heating & Cooling
Heat Type
Forced Air
Heat Source
Gas
Cooling
Central Air
Parking
Garage Type
None
Location & Land
Address
9 Gwynne Avenue, Dows Lake - Civic Hospital and Area, ON K1Y 1X1
City
Dows Lake - Civic Hospital and Area
Neighbourhood
4504 - Civic Hospital
County
Ottawa
Province
ON
Postal Code
K1Y 1X1
Cross Street
Carling and Gwynne
Lot Size
22.97 x 58.37 Metres
Lot Width
22.97 Metres
Lot Depth
58.37 Metres
Sewer
Sewer
$1,399,900
9 Gwynne Avenue, Dows Lake - Civic Hospital and Area, ON K1Y 1X1
4
Bedrooms
4
Bathrooms
1500-2000
Sq. Ft.
Property Details
MLS #
X12479647
Property Type
Residential Freehold
Property Sub Type
Duplex
Style
3-Storey
Year Built
New
Lot Size
22.97 x 58.37 Metres
HST
Included In, Not Subject to HST
Tax Information
Annual Taxes
$3,387
Tax Year
2024
Listing Information
Listed
October 24, 2025
Last Updated
January 5, 2026
Expiry Date
March 31, 2026
Listing Brokerage
ROYAL LEPAGE INTEGRITY REALTY
The listing data is provided under copyright by the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service.
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