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Maria Tompson
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$674,900
Available - For Sale
Listing ID: X13508542
INVESTMENT OPPORTUNITY for under $675,000! Three Storey semi detached DUPLEX with a 3rd top floor unit in the heart of Chinatown. Ideally located with a school directly across the street and just minutes to Downtown, Little Italy, public transit, shopping, restaurants, parks, and all amenities. This centrally located income property offers an excellent opportunity for investors looking to expand their portfolio or those seeking a property with strong rental potential. Situated on an 18.18' x 71.19' lot, the property includes one front parking space and a spacious backyard for tenants to enjoy. Offering an attractive CAP RATE of 6.6% and Gross Annual rental income of $51,924 this is a turnkey investment with immediate cash flow. Rented on an All Inclusive basis. Unit 1: currently Vacant and a great option for an Owner Occupied unit, it's a two bedroom, one bathroom unit on the main floor with access to the finished basement, providing additional living space and a dedicated laundry area. The kitchen and several interior finishes were updated in 2022, along with newer floors in 2026. Unit 2: One bedroom, one bathroom apartment on the second floor with its own washing machine. Unit 3 is a one bedroom, one bathroom unit that provides additional rental income. The property is heated by natural gas forced air and serviced by one hydro meter. All appliances are included! Located in one of Ottawa's most desirable rental areas with consistent tenant demand, this property offers excellent long term investment potential and the opportunity to generate reliable income from day one. A fantastic opportunity to own an affordable multi unit property in a prime central location. Book your private showing today! 24 hour irrevocable required on all offers.
Price $674,900
Taxes: $5,156.78
Occupancy by: Tenant
Address: 174 ARTHUR Street , West Centre Town, K1R 7C4, Ottawa
Lot Size: 5.54 x 71.19 (Feet)
Directions/Cross Streets: Heading West on Gladstone Ave, Turn Right on Arthur St, Property is on the Left
Rooms: 0
Rooms +: 0
Bedrooms: 4
Bedrooms +: 0
Washrooms: 3
Family Room: T
Basement: Full
Finished
No. of Pieces Level
Washroom 1:  4 Main
Washroom 2:  4 Second
Washroom 3:  4 Third
Washroom 4:  0
Washroom 5:  0
Washroom 6:  4 Main
Washroom 7:  4 Second
Washroom 8:  4 Third
Washroom 9:  0
Washroom 10:  0
Washroom 11:  4 Main
Washroom 12:  4 Second
Washroom 13:  4 Third
Washroom 14:  0
Washroom 15:  0
Property Type: Duplex
Style: 3-Storey
Exterior: Brick
Other
Garage Type: None
Drive Parking Spaces: 1
Pool: None
Approximatly Square Footage: 1100-1500
Property Features: Public Trans
Park
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
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Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX HALLMARK REALTY GROUP

174 ARTHUR Street , West Centre Town, K1R 7C4, Ottawa

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Maria Tompson
Sales Representative
Dir:
416-548-7854
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416-548-7854
Fax:
416-981-7184

 
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Type: Freehold - Duplex
Area: Ottawa
Municipality: West Centre Town
Neighbourhood: 4205 - West Centre Town
Style: 3-Storey
Lot Size: 5.54 x 71.19(Feet)
Approximate Age:
Tax: $5,156.78
Maintenance Fee: $0
Beds: 4
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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