$700,000
FOR SALE

Detached Bungalow

Bedrooms: 7Bathrooms: 4Lot: 50 x 88 ft
2025 Taxes: $3,767

378 Enfield Ave
Vanier And Kingsview Park, ON K1L 7L3 | 3404 - Vanier | Ottawa

Welcome to 378 Enfield - a true cash-cow investment property with absolutely positive cash flow! CAP RATE: 7.50% Located in an R2L zoning area, this property is legally approved as a rooming house with up to 7 bedrooms and also offers exceptional development potential. With further design, it can be redeveloped into a multi-unit apartment building from 6 units. Currently generating a gross monthly income of approximately $5,500, detailed cashflow and expense form ready for reference for serious buyer. This property is fully managed by a powerful professional property manager that has been handling all day-to-day operations smoothly - zero hassles for the owner. The main floor features 4 bedrooms, 2 bathrooms, a spacious kitchen, laundry room, and a bright living area. The basement includes 3 additional bedrooms, 2 bathrooms, and a full kitchen, ideal for flexible rental arrangements. Completely renovated in 2023, the home showcases upgraded plumbing, electrical, and HVAC systems, along with new insulation, fresh paint, and brand-new windows and doors throughout. Walking distance to Green & Fresh, Loblaws supermarket, Bus stations, RCMP headquarter, Canadian Cyber security center, around 2km to Ottawa University and one bus to Carleton University and surrounded by lots other amenities. This turnkey investment has been successfully operating for the past two years - a rare opportunity to own a high-performing, low-maintenance property with strong cash flow and future development upside!
Extras
Auto Garage Door Remote
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Listed By HOME RUN REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X12476100
Last Updated Nov 01, 2025
Property Summary
Property Type Detached

More like this:
PIN 042480017
Legal Description LT 8, PL 450 ; VANIER/GLOUCESTER
Possession Date Flexible
Taxes (2025) $3,767
Directions/Cross Streets North on Vanier Parkway, turn right on McArthur then right on Enfield
Neighbourhood 3404 - Vanier
Area Ottawa
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Fronting On West
Special Designations Unknown
Bedrooms 7
Bathrooms 4
Lot 50 x 88 ft
Exterior Aluminum Siding
Air Conditioning Central Air
Family Room Y
Basement Finished, Full
Garage Type Attached
Garage/Park Spaces Y
Parking Spaces 4
Heat Source Gas
Heat Type Forced Air
Sewers Sewer

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