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Tony & Ledi Real Estate Team

info@tonyledi.com +1(647) 493-3579

Est. payment | -/mo

4 Beds

2 Baths

Save Virtual Tour

Est. payment | -/mo

Save Virtual Tour

4 Beds

2 Baths

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 X13583114

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, Partial Basement, Exposed Rock

Kitchen 2

Interior

Interior Features Separate Heating Controls

Cooling Central Air

Exterior

Parking Features Lane

Pool None

Roof Type Flat,Unknown

Lot Frontage 33.0

Lot Depth 75.0

Total Parking Spaces 3

Building

Foundation Stone

Others

Senior Community No

ParcelsYN Yes

Virtual Tour https://www.myvisuallistings.com/vt/364985

Listed by TRU REALTY

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(647) 493-3579

info@tonyledi.com

CAN

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45 Bell ST N West Centre Town, ON K1R 7C5