4103 - Ottawa Centre Homes with 2-Storey Style

4103 - Ottawa Centre Homes with 2-Storey Style

Welcome to the vibrant neighborhood of Ottawa Centre, a gem nestled in the heart of Canada’s capital, Ontario. Known for its rich history, diverse culture, and friendly community, Ottawa Centre offers an inviting atmosphere that makes it an ideal place to call home.

As you stroll through the tree-lined streets of this charming neighborhood, you’ll discover a delightful mix of architectural styles, with a particular emphasis on stunning 2-storey homes. These residences often boast spacious layouts, perfect for families or those who simply enjoy having extra room to breathe. With their classic designs and modern amenities, 2-storey homes in Ottawa Centre provide both comfort and style, making them a sought-after choice for homebuyers.

Living in Ottawa Centre means you’re never far from the action. The neighborhood is conveniently located near an array of local shops, trendy cafes, and delightful restaurants, ensuring you have everything you need right at your doorstep. For outdoor enthusiasts, the nearby parks and recreational facilities offer plenty of opportunities for leisurely strolls, picnics, or a friendly game of soccer.

Education and community resources thrive in Ottawa Centre, with reputable schools and community centers that foster a strong sense of belonging. Whether you’re raising a family or looking to settle down, the supportive and welcoming environment of Ottawa Centre is sure to make you feel right at home.

Discover the charm and convenience of Ottawa Centre, where your dream of owning a beautiful 2-storey home can become a reality. Embrace the lifestyle that awaits you in this enchanting neighborhood!

Newest 4103 - Ottawa Centre Homes with 2-Storey Style

395 Mcleod Street, Ottawa Centre
$849,900
5 Beds ⋅ 4 Baths ⋅ X13856626 MLS
395 McLeod Street represents a compelling investment opportunity in the heart of Centretown, one of Ottawa's most established and consistently in-demand urban neighbourhoods. As of July 2025, the property generated $59,582.64 in gross rental income, with total operating expenses of $19,510.59, resulting in a net income of $40,072.05. Adding to its appeal is the property's R4UD - Residential Fourth Density, Subzone UD zoning, which permits a range of residential uses and is intended to accommodate low-rise, multi-unit housing. This designation provides additional long-term investment and redevelopment potential, subject to applicable zoning provisions and municipal approvals.Ideally situated in Centretown, the property offers exceptional walkability and convenient access to downtown Ottawa, Parliament Hill, major employment hubs and key transit routes. The vibrant Bank Street and Elgin Street corridors are nearby, offering an extensive selection of restaurants, shops, services and everyday amenities.The central location continues to support strong rental demand from professionals, government employees, students and other urban residents. With established rental income, R4UD zoning and a prime downtown location, 395 McLeod Street offers an attractive combination of current cash flow and future potential.

395 Mcleod Street, Ottawa Centre
514 Lyon Street N, Ottawa Centre
$1,375,000
6 Beds ⋅ 5 Baths ⋅ X13844228 MLS
Welcome to 514 Lyon St, a turn-key 5-unit investment property ideally located in the heart of Centretown, one of Ottawa's most desirable and consistently strong rental markets. Generating $89,760 in gross annual income at a 5.3% cap rate, this well-maintained asset offers investors a rare opportunity to assume approximately $1.049M in existing financing at an attractive 4.25% interest rate with a 40-year amortization until June 1, 2030, providing a significant financing advantage in today's market. An option for a second position VTB is also available; contact the listing agent for details. The property has undergone extensive recent upgrades, including fully renovated units throughout, new windows (2023), and a new furnace and hot water tank (2023). With all major capital improvements completed, this is a true turn-key investment requiring minimal near-term capital expenditure. Located within walking distance of downtown Ottawa, transit, shops, restaurants, government offices, and major employment centres, 514 Lyon St benefits from strong rental demand and an unbeatable urban location. The property also includes 3 parking spaces across two driveways. The building is fully tenanted and stabilized, providing reliable, in-place cash flow from day one and a secure, low-risk investment for the new owner. This is an exceptional opportunity to acquire a stabilized multi-residential asset with strong income, attractive financing options, and significant recent improvements in one of Ottawa's premier rental neighbourhoods.

514 Lyon Street N, Ottawa Centre
230 Percy Street, Ottawa Centre
$699,900
3 Beds ⋅ 2 Baths ⋅ X13821478 MLS
Welcome to 230 Percy Street - A Prime Centretown Investment or Single-Family Conversion Opportunity! Unbeatable location meets incredible versatility in the heart of downtown Ottawa's sought-after Centretown, just steps from transit, major commuter routes, and a short walk to the vibrant Glebe neighbourhood. Originally built as a charming 2-storey semi-detached home, this property was thoughtfully converted into a legal duplex, making it a standout option whether you are looking for a turn-key income generator, an owner-occupied investment, or a rare single-family restoration project. Investors will appreciate the strong rental demand and extensive list of high-value capital updates already completed for total peace of mind. End-user buyers and restorers will love the seamless potential to convert the flexible layout back into a spacious, customized single-family residence in an ideal urban setting. Major mechanical and structural upgrades include a high-efficiency furnace (2018), central air conditioning (2019), premium Verdun windows (2020), updated plumbing (2021), new washer and dryer (2023), and a new roof (2023). Complete with 2 parking spaces and endless potential, 230 Percy Street offers an unbeatable blend of location, flexibility, and value. Don't miss out on this exceptional Centretown opportunity!

230 Percy Street, Ottawa Centre
541 Bay Street, Ottawa Centre
$674,000
3 Beds ⋅ 2 Baths ⋅ X13780436 MLS
Welcome to 541 Bay Street, a character-filled 2-storey row home tucked onto a quiet block in the heart of Centretown! Bursting with character, it offers 3 bedrooms, 2 bathrooms, and the ultimate downtown luxury, 2 parking spots. Inside, high ceilings draw you through bright living and dining spaces into an updated kitchen finished with stainless steel appliances, classic checkerboard flooring, and a sliding glass barn door. Brand-new windows, fresh flooring, a new furnace, and central air wrap the home in modern comfort. Enjoy a private back deck/patio ideal for BBQing & relaxing. With an exceptional walk score, you're steps from Bank Street coffee shops, Elgin Street, the Glebe, Parliament Hill, and all downtown amenities. A true urban gem waiting for you to call it home.

541 Bay Street, Ottawa Centre
438 Lewis Street, Ottawa Centre
$1,150,000
5 Beds ⋅ 5 Baths ⋅ X13773320 MLS
Turnkey five-unit apartment building in Centretown offering immediate income and longer-term development potential. Over 300k in capital improvements over the last 10 years.The property is fully occupied and consists of three one-bedroom apartments and two bachelor units, with annual gross income of just over $79,000. The property may qualify for attractive CMHC MLI Select financing. Tenants pay their own hydro, while the landlord pays for heat and water. Additional income may be available from the on-site parking. The property sits on a 33' 99' lot and may be assembled with adjoining properties to create a development site of approximately 13,000 square feet. This property has a Walk Score of 100/100! Ideally located within walking distance of downtown, public transit, restaurants, shops and other amenities. A strong opportunity to acquire a stabilized income property with financing, rental and redevelopment upside. Contact the listing agent for further details regarding the potential land assembly, the rent roll & operating expenses.

438 Lewis Street, Ottawa Centre
251 Arlington Avenue, Ottawa Centre
$775,000
4 Beds ⋅ 3 Baths ⋅ X13769326 MLS
251 Arlington is a centrally located, fully functional duplex in the heart of Centretown, offering two well-designed 2-bedroom apartments. Each unit features its own private entrance for added convenience. The upper unit includes a bright, open-concept living, dining, and kitchen area, along with a dedicated office space with a balcony that is overlooking the neighbourhood. Both bedrooms are generously sized, making it ideal for comfortable living or working from home. The main floor unit offers excellent additional space, including 2 spacious bedrooms, exclusive basement access and direct access to the spacious backyard. The property has seen several thoughtful upgrades, including a upgraded 2019 front porch, updated landscaping with a paved driveway, and a two-storey rear addition that enhances overall living space. The duplex is fully legalized with separately metered hydro, and plumbing has been upgraded to ensure long-term reliability. The perfect opportunity for anyone looking for an investment property! 2025 expenses: Heat $1,885.84, Water $932.82

251 Arlington Avenue, Ottawa Centre
353 McLeod Street, Ottawa Centre
$734,900
2 Beds ⋅ 2 Baths ⋅ X13716924 MLS
Experience the best of Centretown living in this stylish two-storey condo townhome, featuring soaring ceilings, expansive windows and contemporary loft-inspired design. Why settle for a cramped condo? This townhome offers nearly 1300 square feet of living space across two levels, including an open concept main level, perfect for entertaining, with a central kitchen, large living room as well as a bonus space / den overlooking your private terrace. On the second level you'll find two bedrooms, including a primary with a 4-piece ensuite and private balcony, convenient second level laundry, and a second bedroom open loft style to the den below. Step outside and enjoy Ottawa's most walkable neighbourhood, with the cafés, restaurants, and boutiques of Bank Street, Elgin Street and the Glebe as well as the beautiful Rideau Canal just steps away, not to mention a pleasant commute by foot for anyone working in the downtown core and ample access to transit, bike paths and the 417 to get anywhere in Ottawa with ease. Townhouse residents enjoy access to all the premium condo amenities, including a fully equipped fitness centre, theatre room, party lounge, landscaped courtyard and outdoor BBQ. All this, plus an owned garage parking spot, oversized storage locker, and secure bike parking.---OPEN HOUSE Wednesday, September 9th from 5:00-7:00 p.m.

353 McLeod Street, Ottawa Centre
475 Kent Street, Ottawa Centre
$824,900
3 Beds ⋅ 2 Baths ⋅ X13708524 MLS
Welcome to 475 Kent Street, a classic thoughtfully updated home in the heart of vibrant Centretown. This 3-bedroom, 1.5-bath residence offers exceptional value in one of Ottawa's most walkable and desirable urban neighbourhoods. Inside, you'll find a bright and inviting layout with spacious principal rooms, amazing natural lights and a warm, comfortable feel throughout. Updated kitchen - a new stovetop, oven, and dishwasher (2026) - offers lots of storage, quartz countertops, stylish backsplash and an additional pantry. The fully renovated main bathroom (2022) and updated powder room (2023) bring a fresh, contemporary touch. Major system updates provide peace of mind, including a new furnace (2023), windows and A/C (2016), and a roof with 50-year shingles (2018). The home's exterior has also been carefully maintained, with brick repointing (2017), eavestroughs (2018), and updated front and back stairs (2019). Step outside to enjoy a great outdoor space complete with a large deck, natural gas line for your BBQ, everything you need for a hot tub and a handy storage shed (2017) - whether you're enjoying a quiet morning coffee or hosting friends on a summer evening, this space offers versatility and charm. Just steps from shops, restaurants, parks, and transit, this is an ideal opportunity to enjoy the best of downtown living while owning a solid, move-in-ready home in a prime location.

475 Kent Street, Ottawa Centre
141 Percy Street, Ottawa Centre
$869,900
4 Beds ⋅ 2 Baths ⋅ X13621702 MLS
Rare Centretown 50ft wide frontage duplex steps from Somerset offered by the Estate at $869,900 with vacant possession and flexible closing. Probate is complete. Zoned CM1, with 4 private drive parking spaces, a genuine rarity in the core. Two self-contained units: main floor unit features 2 bedrooms, eat-in kitchen, and full bath; upper unit mirrors the layout with 2 bedrooms, kitchen, living room and bath. Market rents in this area support $1,850-$2,100/unit, projected gross of $44,400-$50,400/yr plus parking at ($170+/space/month, 4 spaces, $8,160+/yr gross). Hot water tank (2019) on rental. Sold as-is, where-is - estate sale, no representations or warranties. 24-hr irrv on all offers. An excellent opportunity for professionals seeking a well-located, move-in-ready home with additional cash flow that offers both functionality and value.

141 Percy Street, Ottawa Centre
498 Gladstone Avenue, Ottawa Centre
$819,900
4 Beds ⋅ 2 Baths ⋅ X13538516 MLS
Positioned on a high-visibility corner in the heart of downtown Ottawa, this fully vacant duplex offers a rare & flexible opportunity in one of the city's most connected, walkable & rapidly evolving neighbourhoods. Featuring two 2-bed units, along with four on-site parking spaces, the property provides immediate options for investors, developers, or owner-occupiers, with strong potential for redevelopment. Set on a northwest-facing corner lot the property benefits from Traditional Mainstreet zoning [TM14 H(17)], allowing for a variety of residential or mixed-use possibilities. This zoning supports everything from low- to mid-rise residential & boutique multi-unit projects to commercial space with residential above, making it well suited for thoughtful growth in line with the City's long-term vision. Full municipal services are already in place, offering a smooth path for both current use & future plans. A rare advantage in this urban setting is the four owned off-street parking spaces with access from Lyon Street, adding everyday convenience & long-term value. The corner lot layout also allows for flexible, efficient building design & strong street presence. The location truly sets this property apart. With Walk Scores in the mid to high 90s, everyday amenities such as groceries, cafés, restaurants, parks, boutiques & essential services are just steps away. The property is well served by multiple OC Transpo routes & is moments from Lyon LRT Station, providing quick access to downtown, major employment centres & the wider city. Surrounded by ongoing & future development, this central location continues to benefit from strong demand & long-term growth. Whether you're looking for a duplex with immediate potential, a smart land holding, or a prime infill opportunity, this is a compelling chance to secure a highly visible corner property in Ottawa's urban core.

498 Gladstone Avenue, Ottawa Centre
453 Catherine Street N Unit 451 & 453, Ottawa Centre
$1,099,000
6 Beds ⋅ 3 Baths ⋅ X13530468 MLS
Exceptional commercial/residential investment opportunity in a prime Ottawa Centre location. This well-maintained property offers strong existing tenancy, excellent income potential, and future flexibility for investors, entrepreneurs, or owner-occupiers. Located in a highly visible commercial hub with excellent exposure, convenient access to Highway 417, and proximity to Dow's Lake, Lansdowne, and Ottawa's downtown core, this property offers outstanding accessibility and long-term potential. Situated on a generous lot of approximately 33 ft x 99 ft, the property features rear parking for up to 6 vehicles and a versatile layout with multiple income streams. This property includes approximately 1,100 sq. ft. per side, plus basement space. One office space is currently owner-occupied and could potentially be rented for approximately $3,000/month. Additional income includes Unit 453, a spacious 3-bedroom, 1-bathroom unit with in-unit laundry plus parking, currently rented for $1,850/month. Unit 451 is a second-floor 3-bedroom, 1-bathroom unit with kitchen and parking, currently rented for $1,450/month, with potential for future rent increase. The property also benefits from stable tenancy and strong rental demand. Ideal for investors looking to expand their portfolio or buyers seeking a live-work/business opportunity with additional revenue. A rare find with excellent parking, strong income, visibility, and future business potential. Book your showing today and explore all the possibilities this unique property has to offer. Separate utilities: Roof replaced (2023), Furnace (2016). Great opportunity to secure a property that offers both immediate revenue and long-term growth. Book your showing today!

453 Catherine Street N Unit 451 & 453, Ottawa Centre
455 Metcalfe Street, Ottawa Centre
$1,400,000
6 Beds ⋅ 3 Baths ⋅ X13481074 MLS
Located in the heart of Centretown, Ottawa, 455 Metcalfe presents a rare opportunity for investors and owner-occupants alike. This renovated triplex features three vacant units, offering immediate occupancy or the flexibility to select your own tenants at current market rates. Ideally situated just minutes from downtown, the Canadian Museum of Nature, schools, shops, restaurants, public transit, and all essential amenities. The property also offers multiple on-site parking spaces. A versatile investment in a highly sought-after neighbourhood with excellent income and long-term appreciation potential.

455 Metcalfe Street, Ottawa Centre
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