882 Balsam Drive just became an even greater opportunity - now city-approved for a third unit! This newly renovated, turn-key legal duplex in the heart of Orleans sits on an impressive 65' x 150' lot, offering the perfect blend of strong cash flow, modern upgrades, and future development potential.Originally a single-family bungalow, the property has been expertly converted into two self-contained units with separate entrances and hydro meters. The main level offers 3 spacious bedrooms, a full bathroom, and access to an attached garage - currently rented for $2,550/month, with tenants covering all utilities except heating. The lower unit features 3 bedrooms, a full bathroom, and is rented for $2,200/month, with tenants covering all utilities.With city approval already in place for a third dwelling, this property can now be transformed into a triplex - adding tremendous value and long-term upside. A third hydro meter is already installed, and the seller has paid for professional plans for the third unit, giving the next investor a head start.The home has been fully renovated top-to-bottom, including new kitchens (with quartz countertops & stainless steel appliances), modern bathrooms, flooring, drywall, paint, pot lights throughout, upgraded electrical & plumbing, new basement windows, new interlock, a brand-new driveway that fits up to 9 vehicles, and more. Located just minutes from Highway 174, the upcoming LRT station, Place d'Orleans Mall, and the Ottawa River, this property offers unmatched convenience in one of Orleans' most sought-after areas.Whether you're looking to expand your portfolio, or secure a cash-flowing, future-ready investment, this is the one.
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
Bungalow
Total Approx Floor Area:
700-1100
Lot Depth:
150'45.7 m
Lot Frontage:
65'19.8 m
Direction Faces:
South
Bedrooms:
3+3
Bathrooms:
2.0
Water supply:
Municipal
Kitchens:
2
Kitchens in Basement:
1
Bedrooms Above Grade:
3
Bedrooms Below Grade:
3
Kitchens Above Grade:
1
Rooms Above Grade:
6
Rooms Below Grade:
6
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Poured Concrete
Roof:
Asphalt Shingle
Basement:
Finished, Separate Entrance, Full
Fireplace/Stove:
No
Garage:
Attached
Garage Spaces:
1.0
Parking Spaces:
9
Total Parking Spaces:
10.0
Family Room:
Yes
Possession Details:
Flexible
Pool:
None
Link:
No
HST Applicable To Sale Price:
Included In
Taxes:
$3,923.24 /
2024
Assessment:
$- /
-
Ottawa
Orleans - Cumberland and Area
1101 - Chatelaine Village
In-Law Suite, Water Heater Owned
2 fridges, 2 dishwashers, 2 stoves, 2 washers, 2 dryers, paid plans for backyard coach home
Data was last updated October 26, 2025 at 04:15 AM (UTC)
Area Statistics
Listings on market:
123
Avg list price:
$849,900
Min list price:
$399,000
Max list price:
$3,250,000
Avg days on market:
26
Min days on market:
1
Max days on market:
424
These statistics are generated based on the current listing's property type
and located in
Orleans - Cumberland and Area. Average values are
derived using median calculations. This data is not produced by the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.