$1,159,800

Investment For Sale In Centretown, Ottawa, Ontario

$1,159,800

Property Information:

Situated in Ottawa's sought-after Centretown West community, this character filled triplex blends historic charm w/ modern functionality, ideal for investors seeking strong income potential. Built in 1910 & set on a 31' x 99' lot, this R4S-zoned property has undergone many updates incl. 2nd Level Unit (Renovated 23'), 2nd & 3rd lvl wall unit AC installed in (23'), furnace (21'), Main Level with Basement unit (Fully Renovated 21') & roof (08'). Each unit has been well-maintained, feat. vinyl or laminate flooring, upgraded kitchens + bathrooms & in-unit laundry. The spacious main lvl unit (3 bed, 2 bath) spans two levels, fully renovated in 21' & w/ a renovated main level separate shower (Nov 25'), is a stunning unit to see & offers access to the sunroom & backyard. Rented for $2,505 + 1 parking spot. The second level unit (2 bed, 1 bath) was fully renovated in 23' & showcases a quartz kitchen, covered balcony & modern finishes + 1 parking spot- currently vacant, projected market rent of $2450. The top lvl unit (1 bed, 1 bath,) offers an open layout, large bedroom & access to a fire escape. Rented for $1,470 (no parking included). Motion lighting for staircase to 2nd & 3rd Lvl. Exterior highlights incl. a detached garage (currently storage), landscaped yard & 2 legal parking spots ( w/ potential for 3 more spaces with roof modifications). Monthly rental income: $6,425. Yearly: $77,100. Upswing potential still & shows very well. Located steps to Bank St., Chinatown, Little Italy & the Glebe, enjoy the best of urban Ottawa w/ so many unique stores & restaurants in the immediate area & beyond. Just steps away to local faves like Arlington Five, Red Apron & Flora Hall Brewing or enjoy nearby recreation at McNabb Park, Lansdowne & the Rideau Canal. Quick transit (#14 & #85) or easy access to Hwy 417 make commuting a breeze. A prime opportunity to own a turn-key triplex in one of Ottawa's most vibrant neighbourhoods, great for any lifestyle & an amazing opportunity. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Triplex
  • Basement Development: Finished
  • Basement Type: Full
  • Exterior Finish: Brick
  • Floor Space: 2000 - 2500 sqft
  • Foundation Type: Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Dishwasher, Dryer, Microwave, Stove, Washer, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 6
  • Bathrooms: 4
  • Amenities Nearby: Park, Public Transit, Schools
  • Community Features: Community Centre
  • Features: Carpet Free
  • Floor Space (approx): 2000 - 2500 Square Feet
  • Irregular: Yes
  • Lot Depth: 99 Feet
  • Lot Frontage: 31 Feet
  • Lot Size: 31 x 99 FT
  • Structure Type: Porch
  • Zoning: R4S
  • Sewer: Sanitary sewer
  • Parking Type: Detached garage, Garage
  • No. of Parking Spaces: 3

Rooms:

  • Bedroom 2nd Level 3.75 m x 3.65 m
  • Bedroom 2nd Level 3.75 m x 3.38 m
  • Kitchen 2nd Level 3.75 m x 2.66 m
  • Bathroom 2nd Level 2.08 m x 2.72 m
  • Living 2nd Level 2.07 m x 2.62 m
  • Living 3rd Level 4.78 m x 4.44 m
  • Kitchen 3rd Level 3.05 m x 1.99 m
  • Bedroom 3rd Level 4.13 m x 4.61 m
  • Bathroom 3rd Level 1.72 m x 2.32 m
  • Bedroom Basement Level 3.69 m x 4.76 m
  • Bedroom Basement Level 3.69 m x 2.92 m
  • Utility Basement Level 5.94 m x 3.82 m
  • Bathroom Basement Level 2.14 m x 2.85 m
  • Living Main Level 3.64 m x 4.76 m
  • Dining Main Level 3.64 m x 3.97 m
  • Kitchen Main Level 4.77 m x 2.79 m
  • Bedroom Main Level 3.82 m x 3.93 m
  • Bathroom Main Level 1.07 m x 1.84 m
  • Pantry Main Level 1.50 m x 2.34 m

Courtesy of: COLDWELL BANKER FIRST OTTAWA REALTY

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

  • Investors dream full 3 storey Triplex! -
  • 3 bedroom unit, 2 bedroom unit & 1 bedroom unit! -
  • Main common foyer with stairs to unit 2 & 3! -
  • Unit 1- 3 bed 2 bath w front and rear access. -
  • Living room w window overlooking Arlington ave. -
  • Modern fixture above, leading into dining room. -
  • Dining room- currently used as addtl living space. -
  • Expansive window & fixture above. -
  • 2 pc bathroom w new additional full shower beside. -
  • Fully updated kitchen w upgraded appliances. -
  • Pot lights above & walk-in pantry. -
  • Main lvl bedroom with view of backyard. -
  • 2 windows and closet for storage! -
  • Lower level full 4pc bath w shower/tub combo. -
  • Lower level bedroom w full egress window & closet. -
  • Pot lights above & space for desk. -
  • Bedroom w full egress window and dbl door closet. -
  • Pot lights above and space for desk. -
  • Unit 2- 2nd level 2 bedroom 1 bathroom. -
  • Unit 2 kitchen area w laundry included! -
  • Updated kitchen w dishwasher & ample storage. -
  • Bedroom w wall unit AC & closet space. -
  • Currently used as 2nd bedroom- could be lvng room! -
  • Bedroom w wall unit AC. -
  • Expansive window & pot lights above. -
  • Office/Lounge area & walkout to pvt balcony! -
  • Full 4 pc updated bathroom w shower/tub combo. -
  • Unit 3- 3rd level 1 bedroom 1 bathroom. -
  • Livingroom w fanfixture above & fire escape access -
  • Kitchen w look thru to living room. -
  • 4 pc bathroom w shower/tub combo. -
  • Massive bedroom w 2 dbl door closets and window. -
  • Ceiling fan & expansive window. -
  • Tons of space for desk & dresser . -
  • Rear of the building- potential for added parking! -
  • Garage (Used for storage) & green space. -
  • Perfect location for walking & biking downtown! -
  • Steps away from local favs Arlington5 & Flora Hall -
  • Easy access to the 417 & downtown via Bronson Ave! -
  • Steps to Bank St, Chinatown, Little Italy & Glebe! -
  • Join the sought after Centretown West Community! -
  • Local transit stops #14 & #85 are seconds away! -
  • Lot lines for 277 Arlington Ave. -
  • Don't miss this incredible investment opportunity! -
  • Main Lvl- 3 Bed 2 Bath -
  • Basement Lvl -
  • 2nd Lvl- 2 Bed 1 Bath -
  • 3rd Floor- 1 Bed 1 Bath -
  • Full Property Floor Plan -