6 Bedrooms

4 Bathrooms

2,000 - 2,500 sqft Interior

3 Parking spaces

31 X 99 Ft Lot size

23 days ago Listed

Central Air Conditioning Forced Air Finished basement

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About this home

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:28469)

Facts & features

Property

MLS® Number: X13790536
Property Type: Multi-family
Neighbourhood: Chinatown
Community Name: 4103 - Ottawa Centre
Amenities Near By: Park, Public Transit, Schools, Place Of Worship
Community Features: Community Centre
Features: Carpet Free
Parking Space Total: 3
Structure: Porch

Building

Bathroom Total: 4
Bedrooms Above Ground: 6
Bedrooms Total: 6
Appliances: Dishwasher, Dryer, Microwave, Stove, Washer, Refrigerator
Basement Development: Finished
Basement Type: Full (finished)
Cooling Type: Central Air Conditioning
Exterior Finish: Brick
Foundation Type: Concrete
Heating Fuel: Natural Gas
Heating Type: Forced Air
Stories Total: 3
Size Interior: 2,000 - 2,500 Sqft
Type: Triplex
Utility Water: Municipal Water

Parking

Detached Garage: —
Garage: —

Land

Acreage: No
Land Amenities: Park, Public Transit, Schools, Place Of Worship
Sewer: Sanitary Sewer
Size Depth: 99 Ft
Size Frontage: 31 Ft
Size Irregular: 31 X 99 Ft
Size Total Text: 31 X 99 Ft
Zoning Description: R4s

Monthly payment estimate

Home price

Down payment 20%

Interest rate (%)

Amortization

Frequency

Estimated payment — per month

Mortgage amount: —
Total interest: —

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment: $5,135/mo
Ontario land transfer tax: $19,671 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

The Ottawa Centre market

88 Active listings

$689,900 Median asking price

68% above median This home

30 days Avg. time on market

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Rooms

Second Level

Bedroom 3.75 m x 3.65 m
Bedroom 3.75 m x 3.38 m
Kitchen 3.75 m x 2.66 m
Bathroom 2.08 m x 2.72 m
Living Room 2.07 m x 2.62 m

Third Level

Living Room 4.78 m x 4.44 m
Kitchen 3.05 m x 1.99 m
Bedroom 4.13 m x 4.61 m
Bathroom 1.72 m x 2.32 m

Basement

Bedroom 3.69 m x 4.76 m
Bedroom 3.69 m x 2.92 m
Utility Room 5.94 m x 3.82 m
Bathroom 2.14 m x 2.85 m

Main Level

Living Room 3.64 m x 4.76 m
Dining Room 3.64 m x 3.97 m
Kitchen 4.77 m x 2.79 m
Bedroom 3.82 m x 3.93 m
Bathroom 1.07 m x 1.84 m
Pantry 1.5 m x 2.34 m

Location

277 Arlington Avenue, Ottawa, Ontario K1R 5T1 · Get directions

277 Arlington Avenue