5505 Osgoode Main Street

About This Property

In the heart of Osgoode, this unique income property offers the charm of village living with the convenience of an easy commute - just 35 minutes to downtown Ottawa. Zoned Village Mixed-Use, possibilities include a variety of residential or future development opportunities. Dwelling 1 is currently tenanted at $1,500/month with an excellent long-term tenant and a lease secured through December 31, 2026, providing immediate, stable rental income. Dwelling 2 is owner-occupied and will be delivered vacant upon possession, making it ideal for owner occupancy or securing a new tenant in a community where rental demand remains strong and inventory is limited. Located close to schools, the local library, everyday amenities, scenic walking trails, and within walking distance to a popular local coffee shop. For outdoor enthusiasts, the property is located approximately 1 km from the river and nearby boat launch, providing easy access to boating, paddling, fishing, and waterfront recreation. Step outside and enjoy the peaceful backyard retreat - a perfect space to relax, entertain, or unwind after a long day. Recent updates completed by the current owner include: New roof (2016) New windows (2017) Water softener (2019) Electric panel upgrade (2020)Furnace & central A/C (2021) Hot water tank (2024).