Welcome to this exceptional investment opportunity in the heart of Ottawa Centre! This multi-unit income property features 6 units. One studios and five 1-bedroom apartments. The gross yearly income is $115,260 with a net of $92,740 for 2024. Perfect for investors seeking strong rental income and long-term growth potential in a highly desirable location with a 98% walk-score and a 100% bike score, with a bus stop less than a 2-minute walk away. It is close to all amenities, transit and downtown conveniences.
Address
220 Argyle Avenue
List Price
$2,450,000
MLS® Status
New
Expiration Date
2026-01-19
Property Type
Residential Freehold
Type of Dwelling
Multiplex
Style of Home
3-Storey
Transaction Type
Sale
Area
Ottawa Centre
Sub-Area
4103 - Ottawa Centre
Region
Ottawa
Bedrooms
6 + 1
Bedrooms (Total)
7
Rooms Above Grade
20
Rooms Below Grade
5
Bathrooms
6
Floor Area
2500-3000 Sq. Ft.
Lot Depth
99.86
Lot Size Units
Feet
Lot Width
29.77
Parcel Number
041230013
Occupant Type
Tenant
Cross Street
Bank St & Argyle Ave
MLS® Number
X12577062
Listing Brokerage
ROYAL LEPAGE INTEGRITY REALTY
Basement Area
Finished
Postal Code
K2P 1B9
Posession Details
TBD
Tax Amount
$10,143.00
Tax Year
2025
Interior Features
None
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Ottawa Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
None
Construction Materials
Brick, Stucco (Plaster)
Direction Faces
South
Fireplace
No
Foundation Details
Stone
Garage
No
Garage Type
None
Kitchens Total
6
Kitchens Above Grade
5
Kitchens Below Grade
1
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
PT LTS B, C, D & E, PL 68608 , BEING PART 1, 5R4571 ; OTTAWA/NEPEAN
Waterfront
No
Sewer
Sewer
