For Sale

7 Gwynne Avenue, Dows Lake - Civic Hospital and Area, Ontario K1Y 1X1

$1,689,900

7 Gwynne Avenue, Dows Lake - Civic Hospital and Area, Ontario K1Y 1X1 is For Sale and has a listing price of 1,689,900. The property is located in the Civic Hospital-Central Park neighbourhood . It's been on the website for 6 Days.

  • Duplex
    Property Type
  • 4
    Bedrooms
  • 4
    Bathrooms
  • MLS ID: X12388102
  • Office Name ROYAL LEPAGE INTEGRITY REALTY
Property Description

UNDER CONSTRUCTION – Charming brownstone-inspired design investment property in the heart of the Civic Hospital neighbourhood, perfectly positioned for steady rental demand from medical staff, students and urban professionals. This two-unit building features a generous 3-bedroom, 3-floor duplex (Unit 1) plus a bright 1-bed/1bath apartment (Unit 2). Expected 3.8% cap rate; tenants pay all utilities. Property highlights: Unit 1: Three bedrooms spread over three floors bright, townhouse-style layout with classic brownstone curb appeal Unit 2: One bedroom, one bathroom efficient and easy to lease Attractive façade and modern interior finishes (brownstone-modelled design)Tenants responsible for all utilities simplifies owner expenses and management Ideal investment for doctors, nurses or investors seeking close proximity to healthcare employment Neighbourhood & lifestyle: In the Civic Hospital area steps to The Ottawa Hospital (Civic campus) and rapid access to transit Short walk to Little Italy: excellent cafés, authentic Italian restaurants and specialty grocers for memorable dining and shopping Scenic walks along the Rideau Canal and around Dows Lake spectacular tulip displays each spring and beautiful water views year-round Central Experimental Farm and its botanical gardens: peaceful walking paths and seasonal displays right nearby Enjoy skating on the 7.8 km Rideau Canal Skate way in winter and lively outdoor recreation in warmer months Investment notes: Expected cap rate: 3.8% (prospective buyers should verify figures and review income/expense statements)Strong tenant pool due to proximity to hospitals, research and schools For full financials, floor plans and to schedule a showing, contact the listing agent. This is a rare opportunity to own a stylish, income-producing property in one of the city’s most desirable, walkable neighbourhoods. (Under construction, expected completion November 30th, 2025) Raised basement apartment 602 sqft. Simi-detached

Property Details
  • Property Type: All Houses
  • Listing Type: For Sale
  • Listing ID: X12388102
  • Price: $1,689,900
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 58.37
  • Ref ID: X12388102
  • Approx Sqft: 1500-2000
  • Dir / Cross St: Carling and Gwynne
  • Status: Active
  • Tax Year: 2024
  • Property Type: Duplex
  • Property Sub Category: Duplex
Price History
List Date MLS ID List Price Status End Date Closed Price
09/08/2025 X12388102 $1,689,900 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Civic Hospital-Central Park
  • $723,678 Average List Price
    based on 1 year
  • 16 New Listings
    based on 30 days
  • 37 Median Days on Market
    based on 1 year
  • List vs. Selling Price 1.22 % Up
  • Sold (12mo) 38
  • Rented (12mo) 18

  • 1 Month Change -100.0%
  • 3 Month Change -
  • 6 Month Change -100.0%
Walkscore
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style 3-storey
  • Washroom Type1: 2
  • Garage Type Y
  • Parking Spaces: N/A
  • Exterior Brick Front, Vinyl Siding
  • Kitchen 2
  • Washrooms Type 1 # Pcs: 4
  • Washrooms Type 2 # Pcs: 3
  • Washrooms Type 3 # Pcs: 2
  • Washrooms Type 2: 1
  • Washrooms Type 3: 1
  • Taxes: $3,300
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: upon completion
  • Listing Entry Date: 08/09/2025 14:20:46
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