2 Bed, 3 Bath Triplex in Carlington - Central Park
About 1386 Woodward Avenue
Attention investors & builders! Rare freehold 3 unit building. Duplex + accessory unit, on an oversized 68' x 93' (4,984 sq ft) corner lot in Carlington-Central Park with 3-car parking. Redevelopment potential under Ottawa's Zoning By-law 2026-50 (no parking minimums zoning CM1). Features 4 beds & 3 full baths across 3 self-contained units: Main (1-bed, $950/mo all-incl), Lower (1-bed w/ sep entrance, $950/mo all-incl), & Upper (spacious 2-bed, vacant Jan 31, 2027 w/ separate hydro meter-projected $1,600/mo + hydro). Projected gross income of $42,000/yr against $12,743/yr in hard verified operating expenses yields a projected NOI of $29,257/yr (4.43% cap rate at $659,900; current in-place gross $22,800/yr). Major cap-ex completed: roof (2020), $12K exterior upgrades (2025), & Carrier furnace (Nov 2024). Live in the 2-bed upper suite while tenants subsidize your mortgage, or lease out all three units for turnkey cash flow!
2 bedrooms, 3 bathrooms, about 1,500 sq ft, works out to roughly $440 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this triplex fits your budget and timing.
Inside 1386 Woodward Ave
Every detail from the listing, in one place.
Type
Triplex
Style
2-Storey
Living space
1500-2000 sq ftas stated on the listing
Parking
3 spaces
Basement
Apartment, Separate Entrance
Features & systems
Parking & garage
Parking spaces
3
Interior
Basement
Apartment · Separate Entrance
Lot & land
Lot size (sqft)
4983.69
Listing & possession
Property style
2-Storey
Property class
Triplex
1386 Woodward Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14176702$659,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 1386 Woodward Ave Compares to the Carlington - Central Park Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,242
/mo
based on the purchase price of $659,900
$131,980 cash
$527,920 financed
$444,647 total interest
Principal54%$527,920
Interest46%$444,647
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 1386 Woodward Ave
Market pulse · Carlington - Central Park
Median sold price$585,000Last 90 days
Average days on market25Homes sold in about 25 days on average.
Sale-to-list ratio98.5%On average, homes sold below asking.
Active listings57Homes for sale here right now.
Median vs prior 90 days0.0%Compared with May 17 – Aug 15, 2026.
Based on 33 sales from Aug 15 – Nov 13, 2026 (45 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 1386 Woodward Ave
How much is 1386 Woodward Ave listed for?
1386 Woodward Ave is listed at $659,900 (MLS® X14176702). Summitly updates the price as soon as the MLS® record changes.
Is $659,900 a good price for 1386 Woodward Ave?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Carlington - Central Park. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 1386 Woodward Ave changed?
No — 1386 Woodward Ave is still listed at its original asking price of $659,900.
How many bedrooms and bathrooms does 1386 Woodward Ave have?
1386 Woodward Ave has 2 bedrooms and 3 bathrooms, with about 1,500–2,000 square feet of living space. It is a triplex in Carlington - Central Park.
How much would the monthly mortgage be on 1386 Woodward Ave?
About $3,242 a month — principal and interest on $659,900 with 20% down ($131,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 1386 Woodward Ave compare with other homes in Carlington - Central Park?
Its asking price of $659,900 is about 13% above the median sold price in Carlington - Central Park over the last 90 days, $585,000, across 33 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 1386 Woodward Ave been sold before?
Summitly has no earlier MLS® sale or lease of 1386 Woodward Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1386 Woodward Ave?
1386 Woodward Ave is in Carlington - Central Park, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1386 Woodward Ave been on the market?
1 day — 1386 Woodward Ave was listed on November 12, 2026.
What is the price per square foot of 1386 Woodward Ave?
About $330 to $440 per square foot: the asking price of $659,900 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 1386 Woodward Ave have parking or a garage?
Yes — the listing gives 3 parking spaces.
Does 1386 Woodward Ave have a basement, and is it finished?
The listing describes the basement as: Apartment, Separate Entrance.
