See all 46 photos
46 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
-
Est. payment /mo
4 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision 4205 - West Centre Town
MLS Listing ID X14130934
Style 2-Storey
Bedrooms 4
Annual Tax Amount $5,142
Tax Year 2025
Property Sub-Type Duplex
Property Description
Exceptional investment opportunity in the heart of Centretown! This well-maintained and recently renovated LEGAL duplex offers the perfect combination of strong cash flow, owner-occupancy flexibility, and long-term value in one of Ottawa's most desirable urban neighbourhoods. Featuring two spacious 2-bedroom units, each with its own private entrance, separate hydro meter, and in-unit laundry, this turnkey property is ideal for investors and homeowners alike. Numerous updates include renovated kitchens and bathrooms, updated plumbing and electrical, fire escapes brought up to code, fresh paint throughout, updated flooring, fencing improvements, and countless other upgrades that contribute to the property's excellent condition and tenant appeal. A rare bonus for Centretown, the property includes 3 parking spaces, a highly sought-after feature for both tenants and owners. Investors will appreciate the potential for a return exceeding 7.0%, while owner-occupants can live in one unit and rent the other to significantly offset mortgage costs. Landlord pays heat and water, while tenants pay their own hydro through separate meters. Ideally located steps from Bank Street, Chinatown, Little Italy, public transit, parks, cafés, restaurants, shopping, entertainment, government offices, and some of Ottawa's most vibrant urban amenities. Residents enjoy easy access to Dow's Lake, the Rideau Canal, LeBreton Flats, Carleton University, the University of Ottawa, and downtown employment hubs. With strong rental demand, exceptional walkability, and major updates already completed, this is a rare opportunity to acquire a quality income property in one of Ottawa's most established and sought-after neighbourhoods.
Location
Province ON
County Ottawa
Area Ottawa
Zoning R4H, Unassigned
Rooms
Family Room No
Basement Unfinished
Kitchen 2
Interior
Interior Features Carpet Free, Separate Hydro Meter, Storage, Sump Pump, Water Heater Owned
Cooling Central Air
Inclusions 2 stoves, 2 fridges, 2 washers, 2 Dryers
Exterior
Exterior Feature Porch
Parking Features Lane, Private, Tandem
Pool None
Roof Type Flat
Lot Frontage 33.0
Lot Depth 75.0
Total Parking Spaces 2
Building
Building Age 100+
Foundation Stone
Others
Read Less Info
Listed by TRU REALTY
NEARBY SCHOOLS & PROPERTIES
GET MORE INFORMATION