$725,000
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98 Donald Street, Ottawa, ON K1K1N2

6 Beds
2 Baths
- Sq Ft

Prime Investment Opportunity at 98 Donald. Exceptional turnkey income property with significant redevelopment potential, ideally located on Donald Street. This single-detached bungalow features a legal secondary dwelling unit and sits within the City's new CM1 (Corridor Mainstreet) zoning, offering strong current cash flow with excellent long-term upside. The main floor offers 3 spacious bedrooms, 1 full bathroom, a large living room, and a bright kitchen with breakfast area, complemented by hardwood flooring and renovations completed in 2023. The fully legal basement rental unit was constructed with all required permits and inspections, and includes a separate entrance, 3 bedrooms, 1 bathroom, full kitchen, and in-unit laundry, providing a highly functional layout for tenants. Additional features include two separate hydro meters(200 AMPS), a detached garage, and parking for up to 4 vehicles in the backyard. The property is fully rented, delivering a cap rate of 6.7% (Gross income 4900/Month, Net operation income: 4058/M ), making it a strong cash-flowing investment from day one. Strategically located within the CM1 - Corridor Mainstreet zoning, the property also offers significant future redevelopment potential, allowing for higher-density residential or mixed-use development along an evolving urban corridor. This zoning supports intensification and long-term land value growth, making the property attractive to both investors and developers. A rare opportunity to secure a fully leased income property today with substantial redevelopment potential for tomorrow. (id:58753)

  • MLS® X12882868
  • Date Listed03/14/2026
  • Days on Realty 134 Days
  • Bedrooms 6
  • Bathrooms 2 baths
  • Lot Size -
  • Sewer Other
  • Property Type Single Family Residence
  • Water Public

Interior Features

  • Appliances Washer, Refrigerator, Stove, Dryer
  • Cooling Central air conditioning
  • Heating Forced air, Natural gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features In- Law Suite

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for K1K1N2

Discover key demographics, population statistics, and environmental insights for the Ottawa, ON area.

Walkability in ON / K1K1N2

Source: Walk Score

89/100

Very Walkable

Walk Score ®

54/100

Good Transit

Transit Score ®

88/100

Very Bikeable

Bike Score ®

Overview

Most errands can be accomplished on foot. Many nearby public transportation options. Biking is convenient for most trips.


Transit Summary

21 nearby routes: 21 bus, 0 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 66/100, Transit Score: 58/100, Bike Score: 79/100.

Points of Interest near 98 DONALD STREET, Ottawa, ON K1K1N2

Frequently Asked Questions for 98 DONALD STREET

Source: Realty.com

98 DONALD STREET, Ottawa, ON K1K1N2 in Ottawa, ON K1K1N2 is a single family residence listed at $725,000. Highlights include 6 bedrooms, 2 bathrooms. Realty.ca has 43 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 43 photos of 98 DONALD STREET.

The full address for this home is 98 DONALD STREET, Ottawa, ON K1K1N2.

98 DONALD STREET has been listed on Realty.com since Sat March 14, 2026

Most errands can be accomplished on foot. Many nearby public transportation options. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 66/100, Transit Score: 58/100, Bike Score: 79/100.

Listing provided courtesy of: HOME RUN REALTY INC.
Listing agent: Wang Meng

This content last refreshed on 2026-07-26 20:22:54. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.