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87-89 Grove Avenue, Ottawa, ON 44 photos

$1,279,900

Active
87-89 Grove Avenue, Ottawa, ON· Old Ottawa South
6
Bedrooms
2
Bathrooms
2500-3000
Sq Ft
2
None Parking

About this Property

  • The property features two spacious units, each with 3 bedrooms, 1
  • 5 bathrooms and separately metered gas, hydro and water

Located in the heart of sought-after Old Ottawa South, 87-89 Grove Avenue presents a rare opportunity to own a solid, side by side duplex on a quiet, tree-lined street just steps from the Rideau River, parks, and vibrant Bank Street. This classic brick 2-storey sits on a generous 35 x 93 ft lot.The property features two spacious units, each with 3 bedrooms, 1.5 bathrooms and separately metered gas, hydro and water. Ideal for investors or owner-occupiers looking for the opportunity to live comfortably in one unit while generating income from the other. Major components including the roof, furnace, and A/C have all been updated within the past 10 years, providing peace of mind. The unfinished full basement offers additional potential for future value-add opportunities. Positioned in one of Ottawa's most desirable neighbourhoods, close to Carleton University, top-rated schools, and easy access to downtown, this is a smart investment in both lifestyle and location. 24 hour irrevocable on offers.

Listed by ROYAL LEPAGE TEAM REALTY · MLS# X13079652

About Old Ottawa South

Urban Family · Avg $800K

Old Ottawa South is a residential gem tucked between the Rideau Canal and the Rideau River, offering one of the city's most coveted combinations of urban convenience and neighbourhood tranquility. Located just south of The Glebe and north of Carleton University, this compact but character-rich community has cultivated a fiercely loyal resident base who appreciate its walkability, natural beauty, and genuine community connections.

Avg Home Price$800K
Walk Score82
Parks & Green Space10+
Bike to Downtown12 min
View Full Old Ottawa South Guide

Features & Details

Property details of 87-89 Grove Avenue, Ottawa, ON

Property TypeDuplex
Style2-Storey
Size2500-3000 sq ft
BasementUnfinished, Full
Total Parking2

Mortgage Calculator

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%
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Mortgage Payment$6,288/monthly
Principal54%
Interest46%
Principal Amount$1,023,920
Interest$862,409
Total Payable$1,886,329
Amortization25 years

* Estimate only. Consult a mortgage broker for accurate figures.

Cash Flow Analysis

Mortgage payment$6,288
Mortgage + Expenses$6,288
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$
$
$
$
Monthly Cash Flow-$6,288

* Estimate only. Consult a mortgage broker for accurate figures.

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Akash Sharma

Akash Sharma

REALTOR® · Ali Realty Group Inc.

Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.

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