Listed for:Listed 2 days ago
$925,000

1991 Banff Avenue

Ottawa (Ellwood), ON K1V 7X6

Multiplex For Sale
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for 1991 Banff Avenue, Ottawa, Ellwood

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 1991 Banff Avenue, Ottawa, Ellwood

Summarized Description

  • Rare side-by-side duplex in a growing neighborhood.
  • Both units are vacant for immediate rental income.
  • Each unit features 3 bedrooms and 2 bathrooms.
  • Private garage and ample parking available.
  • Fully fenced backyard backing onto park space.
  • Investment potential with separate utilities.
  • Centrally located near LRT, shopping, and schools.
  • Ideal for investors or owner-occupants.

Rare opportunity to own a side-by-side duplex in an exciting up-and-coming neighbourhood! Vacant side-by-side duplex, ready for multiple opportunities, use your imagination! Situated on a spacious lot in a centrally located area just minutes from the LRT, shopping, restaurants, schools and everyday amenities, this property offers exceptional flexibility for investors and owner-occupants alike. Each vacant unit features 3 generous bedrooms, 2 bathrooms, an attached private garage, ample driveway parking, and its own fully fenced backyard backing onto park space for added privacy. The utilities are all metered separately. With both units vacant, you have the rare advantage of setting your own rents from day one, renovating to maximize value, or moving into one side while generating income from the other. Inside, both homes offer welcoming front foyers with convenient closet space, main floor powder rooms, and spacious, functional living areas perfect for families or tenants. Patio doors lead directly to the private backyard oasis, creating an ideal indoor-outdoor lifestyle. Upstairs, each unit boasts an oversized primary bedroom with a comfortable sitting area and direct access to the full bathroom, while the second and third bedrooms are generously sized to accommodate double beds with ease. Surrounded by homes undergoing extensive renovations and new construction, this rapidly transforming neighbourhood continues to attract homeowners and investors alike, making this an outstanding opportunity to build long-term wealth in a location with tremendous upside. Whether you're looking to expand your investment portfolio, renovate for increased value, or enjoy the financial advantages of living in one unit while renting the other, this versatile property offers endless possibilities at exceptional value. Book your showing today!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$6,516
Land Transfer Tax Fee
$14,975

Rental Items

Rental Equipment
2 hot water tanks

Basement Type
Partially Finished

Interior Features

Interior Extras
None
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Multiplex
Building Style
2-Storey

Construction

Exterior Finish
Vinyl Siding, Brick
Roof
Asphalt Shingle
Foundation Details
Concrete
Special Designation
Unknown

Lot

Lot Front
50.50 ft
Lot Depth
87.80 ft

Inclusions

Inclusions
2 fridges, 2 stoves, 2 range hoods, 2 washers, 2 dryers, 2 dishwashers

Parking & Garages

Garage Type
Attached
Garage Spaces
2
Parking Spaces
4
Total Garage And Parking Spaces
6

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer

Bedrooms
6
Washrooms
4
Kitchens
2
Family / bonus room
Yes

Washrooms

  • 2-piece, Ground
  • 2-piece, Ground
  • 4-piece, Second
  • 4-piece, Second

Municipality
Ottawa
Neighbourhood
Ellwood
Main cross streets
Walkley and Bank
Directions
Head east on Walkely, turn right on Banff, property is on the left.

MLS® number
X14029370
Data source
Toronto Regional Real Estate Board
Listed on
2026-10-13
Updated on
2026-10-13
Days on market
2 days
Possession type
Flexible
Co-op commission
2%
Seller
Listed by
ROYAL LEPAGE TEAM REALTY

Home Market Value

Current home valuation for 1991 Banff Avenue, Ottawa, Ellwood, Ottawa, ON. Listed for $925,000

HOMEH Estimate

?

$1,006,681

Estimated Sales Range

?

$885,879 - $1,141,712

HOMEH Estimate for 1991 Banff Avenue, Ottawa, Ellwood

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$1,006,681High confidence
Based on 3 comparable properties
− $81,681 (8%) below our estimate — Good deal!
See the full analysisFree Every recent nearby sale behind this number

Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Ottawa, ON
Minimum Down Payment Required:7.3%

5% on first $500K + 10% on $425,000 over $500K

Minimum down payment

$67,500

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$34,299$25,808$22,015$0
=Total mortgage
$891,774$858,308$808,265$740,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$4,354monthly$4,191monthly$3,946monthly$3,613monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$14,975

Total Land Transfer Tax

$14,975

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