4102 - Ottawa Centre Homes with Investment Subtype

Welcome to 4102 - Ottawa Centre, a vibrant and diverse neighborhood nestled in the heart of Canada’s capital, Ottawa. This charming area is known for its rich history, cultural landmarks, and a strong sense of community, making it an ideal place for both families and young professionals alike.

One of the standout features of Ottawa Centre is its accessibility. With a well-connected public transit system and proximity to major highways, commuting to downtown Ottawa or neighboring areas is a breeze. Residents enjoy easy access to a plethora of amenities, including boutique shops, trendy cafes, and a variety of dining options that cater to every palate. Outdoor enthusiasts will appreciate the nearby parks and recreational spaces, perfect for leisurely strolls or weekend picnics.

The real estate market in Ottawa Centre is particularly appealing for investors. Homes in this area boast a unique investment subtype, making them a prime choice for those looking to expand their property portfolio. Whether you're considering a multi-family unit or a charming single-family home, the potential for rental income and long-term appreciation is significant. The neighborhood's steady growth and demand for housing ensure that your investment will be well-placed.

In addition to its investment potential, Ottawa Centre is steeped in culture and community spirit. The area hosts various events throughout the year, bringing residents together and fostering a sense of belonging. With its blend of urban conveniences and a welcoming atmosphere, 4102 - Ottawa Centre is not just a place to live; it’s a place to thrive. Discover your perfect home in this dynamic neighborhood today!

Newest 4102 - Ottawa Centre Homes with Investment Subtype

$995,000

4 Baths ⋅ X13086366 MLS

Rare dual-opportunity in the heart of Centretown. Buy cash flow today, build tomorrow. Three tenanted units generating verified income with a vacant basement offering additional income potential. Included is a complete, permit-ready 10-unit redevelopment package - full architectural, servicing, grading, electrical and tree reports. Building and demolition permits submitted to the City of Ottawa; first-round review complete with standard infill comments issued. Buyers can revise or proceed to resubmission under their own name. Set up for MLI Select financing: up to 95% LTV and 50-year amortization. Accessible lift included in plans with potential to add 2 additional storeys. 33' x 112' lot. 4 parking spaces. Walking distance to Bank St, Elgin, and Little Italy. Close to grocery, retail, dining, transit and LRT. Unit mix: 2 x 2-bedroom, 1 x 1-bedroom (tenanted) + basement unit (vacant). Permit-ready package, architectural drawings, and financials available. Contact listing agent for data room access.

575 Somerset Street W, Ottawa Centre

$2,240,000

7 Baths ⋅ X12784612 MLS

Welcome to 455/457 Somerset Street West a rare opportunity to acquire a turnkey 6-unit building in one of Ottawa's most vibrant and in-demand rental locations. This well-maintained property generates a strong NOI of $125,496.90, with a 5.60% cap rate, and bonus immediate upside: 1 purposely positioned vacant unit is ready for renovation, allowing the next owner to quickly increase rental income and unlock further value. Each of the six units offers a spacious, thoughtfully designed layout that promotes long-term tenant satisfaction. With a tenant profile geared toward young professionals and transient renters, there is considerable potential to elevate rents to market levels with minimal capital investment. Situated in the heart of Centretown, steps to shops, restaurants, universities, and transit, this asset benefits from both premium location and consistent rental demand. Investors will appreciate the mix of stability and opportunity ideal for portfolio growth or as a high-performing entry into Ottawa's multi-residential market. Feature sheet available which breaks down all unit sizes and lease information. Vacant unit rent assumed in listed NOI.

455-457 Somerset Street W, Ottawa Centre

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