Sold for:Sold May 30, 2026
$909,000

885 Pinewood Crescent

Ottawa (Queensway Terrace North), ON K2B 5Y3

Multiplex SoldNot available

Property not available for sale or for rent.

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Sale & Price History for 885 Pinewood Crescent, Ottawa, Queensway Terrace North

2026-05-15
2026-05-31
Sold
Price
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MLS#
x13133584

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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 885 Pinewood Crescent, Ottawa, Queensway Terrace North

Summarized Description

  • Ideal for multi-generational living or investment.
  • Duplex with potential for a third unit.
  • Recently renovated and move-in ready units.
  • Massive lot with parking for six vehicles.
  • Strong rental income and cash flow potential.
  • Close to parks, trails, and amenities.
  • Upgraded features including new windows and paint.
  • Flexible basement layout with separate entrance.

Great Investment Opportunity or Ideal for Multi-Generational Living! This all-brick duplex features two existing units plus a finished basement with excellent potential for a third unit by adding a kitchenette (buyer to verify and obtain permits). Perfect for investors or owner-occupants seeking strong rental income with future upside.The upper unit is currently rented, with the tenant vacating September 1st. The main floor unit and finished basement are vacant, recently renovated, and move-in ready - allowing the new owner to set current market rents for future tenants.The basement offers flexible possibilities with access through the main floor unit as well as a separate exterior stairway entrance. It features large windows in both the bedroom and living area, a bright and spacious layout, and a huge storage room, making conversion to a separate unit a great opportunity. Situated on a massive lot with two separate driveways providing parking for up to six vehicles. Additional highlights include a shared basement laundry room with coin-operated washer and dryer purchased last year, a large storage area, and two owned hot water tanks included. Over $60,000 has been invested in recent upgrades, including new windows, parging, deck, interior paint, freshly painted front door, and full renovations to the main floor unit and basement. Fantastic location close to the river, nature trails, parks, and all that Britannia has to offer, with easy access to Highway 417, public transit, and the upcoming LRT. Surrounded by shops, restaurants, and everyday amenities, this property offers excellent cash flow potential and long-term appreciation in a highly convenient location.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$6,609
Land Transfer Tax Fee
$14,655

Basement Type
Full, Finished

Interior Features

Interior Extras
Water Heater Owned
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Multiplex
Building Style
2-Storey

Construction

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

Lot

Lot Front
50.00 ft
Lot Depth
110.33 ft

Inclusions

Inclusions
fridge x2, stove x2, coin operated washer & dryer, hot water tank x2

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
6
Total Garage And Parking Spaces
6

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
None
Water
Municipal
Sewers
Sewer

Bedrooms
4 + 1
Washrooms
3
Kitchens
2
Family / bonus room
Yes

Washrooms

  • 4-piece, Main
  • 4-piece, Upper
  • 3-piece, Lower

Municipality
Ottawa
Neighbourhood
Queensway Terrace North
Main cross streets
Pinewood & Richmond
Directions
Richmond Rd to Pinewood Cres

MLS® number
X13133584
Data source
Toronto Regional Real Estate Board
Status change
2026-05-31
Listed on
2026-05-15
Days on market
16 days
Possession type
Flexible
Co-op commission
2%
Seller
Listed by
eXp Realty

Home Market Value

Current home valuation for 885 Pinewood Crescent, Ottawa, Queensway Terrace North, Ottawa, ON. Listed for $909,000

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Estimated Sales Range

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HOMEH Estimate for 885 Pinewood Crescent, Ottawa, Queensway Terrace North

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Land Transfer Tax

Provincial

$14,655

Total Land Transfer Tax

$14,655

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