876 Balsam Drive

Orleans Ottawa

Presented by Richard Chartier

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Turn-Key Investment: Renovated Bungalow with $50k+ Annual Income

876 Balsam Drive, Ottawa (Chatelaine Village)

Unlock incredible rental potential with this solid all-brick bungalow featuring a fully finished 2-bedroom in-law suite with a private entrance. Situated on a massive 56' x 150' lot near the Ottawa River, schools, and the LRT, this property is a landlord’s dream, already generating over $50,000 in annual income.

Property Highlights:

  • Renovated Main Level (2021): Features a bright, modern kitchen, quality laminate flooring, and a spacious primary bedroom with a private patio door (new 2026).

  • Legal-Style In-Law Suite: 2 bedrooms, full kitchen, pantry, and new windows (2025/26).

  • Massive 3-Car Garage: Rare insulated 2-car garage plus a tandem 3rd space with rear-door access.

  • Development Potential: Large backyard offers the possibility to build a coach home for a third revenue stream.

Don't miss this rare opportunity to own a high-yield asset in the sought-after Chatelaine Village.

View the Full Listing on REALTOR.ca