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Wendy Bye

wendy.bye@engelvoelkers.com +1(613) 899-7653

$ 1,159,800

Est. payment -/mo

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277 ARLINGTON AVENUE Ottawa, ON K1R5T1

6 Beds

4 Baths

2,000 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000 - 2500

Square Footage 2,000 sqft

Price per Sqft $579

Subdivision 4103 - Ottawa Centre

MLS® Listing ID X13790536

Bedrooms 6

Property Description

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:24570)

Location

Province ON

Rooms

Kitchen 3.0

Extra Room 1 Second level 3.75 m X 3.65 m Bedroom

Extra Room 2 Second level 3.75 m X 3.38 m Bedroom

Extra Room 3 Second level 3.75 m X 2.66 m Kitchen

Extra Room 4 Second level 2.08 m X 2.72 m Bathroom

Extra Room 5 Second level 2.07 m X 2.62 m Living room

Extra Room 6 Third level 4.78 m X 4.44 m Living room

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Parking Features Yes

Community Features Community Centre

View Y/N No

Attached Garage No

Total Parking Spaces 3

Garage Yes

Private Pool No

Building

Story 3

Sewer Sanitary sewer

Listed by COLDWELL BANKER FIRST OTTAWA REALTY

NEARBY SCHOOLS & PROPERTIES

Wendy Bye

Advisor

+1(613) 899-7653

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