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1390 Mayview Avenue
5301 - Carlington Ottawa K1Z 8H7

$849,000 /For Sale
Commercial

Main Photo: 1390 Mayview Avenue in Ottawa: 5301 - Carlington Commercial for sale (Carlington - Central Park)  : MLS®# X12193967
Photo 1: 1390 Mayview Avenue in Ottawa: 5301 - Carlington Commercial for sale (Carlington - Central Park)  : MLS®# X12193967
Photo 2: 1390 Mayview Avenue in Ottawa: 5301 - Carlington Commercial for sale (Carlington - Central Park)  : MLS®# X12193967
Photo 3: 1390 Mayview Avenue in Ottawa: 5301 - Carlington Commercial for sale (Carlington - Central Park)  : MLS®# X12193967
Photo 4: 1390 Mayview Avenue in Ottawa: 5301 - Carlington Commercial for sale (Carlington - Central Park)  : MLS®# X12193967
Photo 5: 1390 Mayview Avenue in Ottawa: 5301 - Carlington Commercial for sale (Carlington - Central Park)  : MLS®# X12193967
Photo 6: 1390 Mayview Avenue in Ottawa: 5301 - Carlington Commercial for sale (Carlington - Central Park)  : MLS®# X12193967
Photo 7: 1390 Mayview Avenue in Ottawa: 5301 - Carlington Commercial for sale (Carlington - Central Park)  : MLS®# X12193967
Photo 8: 1390 Mayview Avenue in Ottawa: 5301 - Carlington Commercial for sale (Carlington - Central Park)  : MLS®# X12193967
Photo 9: 1390 Mayview Avenue in Ottawa: 5301 - Carlington Commercial for sale (Carlington - Central Park)  : MLS®# X12193967
Photo 10: 1390 Mayview Avenue in Ottawa: 5301 - Carlington Commercial for sale (Carlington - Central Park)  : MLS®# X12193967
Photo 11: 1390 Mayview Avenue in Ottawa: 5301 - Carlington Commercial for sale (Carlington - Central Park)  : MLS®# X12193967
Photo 12: 1390 Mayview Avenue in Ottawa: 5301 - Carlington Commercial for sale (Carlington - Central Park)  : MLS®# X12193967
Photo 13: 1390 Mayview Avenue in Ottawa: 5301 - Carlington Commercial for sale (Carlington - Central Park)  : MLS®# X12193967
Photo 14: 1390 Mayview Avenue in Ottawa: 5301 - Carlington Commercial for sale (Carlington - Central Park)  : MLS®# X12193967
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X12193967
Bus Major:
Apts - 2 To 5 Units
Price improvement! Calling all investors! Looking for an incredible investment opportunity with great potential for appreciation in a central location close to the Experimental Farm, Civic Hospital, Algonquin College with easy access to transit & close to all amenities. Look no further than this well maintained triplex with a positive cash flow of $42,000. 2- 2 bedroom apartments & 1 - 1 bedroom apartment. Vacant possession will be provided for Apartment 2 - July 1st. Opportunity to increase your cash flow or move into one the units. Situated on a large lot 55 ft x 100 ft with a New Roof (2024), Parking for 4 cars, large fenced yard with 4 exterior sheds including one large shed with power. Each apartment also has a separate storage locker. Coin Laundry. This opportunity won't last long - book your showing today!
Percent of Building:
100
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
5500 sq. ft. Square Feet
Total Area:
5,500 sq. ft.
Depth:
100'
Frontage:
55'
Lot Shape:
Rectangular
Water supply:
Municipal
Zoning:
R3F
Heating type:
Gas Forced Air Closed
Garage:
None
Possession Details:
Flexible
HST Applicable To Sale Price:
Included In
Development Charges Paid:
Unknown
Type Taxes:
Annual
Taxes:
$6,600 / 2024
Assessment:
$- / -
Carlington - Central Park
5301 - Carlington
Ottawa
3 Refrigerators, 3 Stoves, 2 Coin Laundry Machines
Tenants Personal Items
UFFI:
No
Utilities:
Yes
Sewers:
Sanitary
Air Conditioning:
No
Seller Property Info Statement:
No
Physically Handicapped-Equipped:
No
Expenses Actual/Estimated:
Actual
Heating Expenses:
$1,952
Hydro Expenses:
$831
Water Expenses:
$1,591
Year Expenses:
2024
Major Business Type:
Apts - 2 To 5 Units
Category:
Apartment
Date Listed:
Jun 04, 2025
Original Price:
Previous Price:
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Listed by RE/MAX HALLMARK REALTY GROUP
Data was last updated June 29, 2025 at 03:15 AM (UTC)
DARYL  KING
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Owning an apartment building for sale provides unique advantages:

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FAQs – Apartment Buildings for Sale

1. Are apartment buildings a good investment?
Yes, apartment buildings provide steady rental income, potential tax benefits, and property value appreciation over time.

2. What should I consider before buying an apartment building?
Evaluate location, tenant demand, building condition, rental income, and management costs.

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Yes, many financing options are available for new investors, including CMHC-backed loans and commercial mortgages.

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Typically, any property with five or more units is classified as an apartment building for investment purposes.

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You can find listings across major cities and growing suburbs where rental demand remains strong.