4104 - Ottawa Centre/Golden Triangle Real Estate

Ideally situated in Ottawa's prestigious Golden Triangle, just steps from the Rideau Canal and the city's best dining and downtown living, this charming century home offers a rare opportunity to combine lifestyle and investment potential. Featuring three self-contained units, this versatile property is ideal for investors seeking multiple income streams or an owner-occupant looking to live in one unit while generating rental income from the others. The upper unit offers a bright, spacious one-bedroom, two-bathroom layout with an inviting living and dining area, hardwood flooring under the carpeting, and a functional galley kitchen overlooking the backyard and a private composite deck extends the living space outdoors. But what really makes this unit special is upstairs. An open-concept primary retreat featuring skylights, an updated ensuite bathroom, and an abundance of built-in cabinetry and storage. A unique space that feels like your own private escape in the heart of the city. The middle unit offers a comfortable living and dining area, a bedroom, and a standout great room with soaring vaulted ceilings and plenty of natural light. A private composite deck provides bonus outdoor living space. The freshly updated studio apartment completes the property with an updated kitchen and bathroom, in-suite laundry, and a bright, functional living area. Outside, enjoy a private backyard, an updated shed with electricity, and parking for two vehicles at the front, with additional parking possibilities along the laneway. Lovingly maintained over the years, this distinctive property offers flexibility, character, and exciting potential in an excellent urban location. Whether you're expanding your investment portfolio or searching for a property that offers both a place to call home and income-generating possibilities, 27 Argyle Avenue is an opportunity worth exploring. No conveyance of offers until Wednesday November 4 @ 12pm. Some photos digitally altered & virtually staged

27 Argyle Avenue, Ottawa Centre

138 Somerset Street W Unit 1012, Ottawa Centre

$299,000

1 Beds ⋅ 1 Baths ⋅ X14106006 MLS

Welcome to 138 Somerset Street W Unit 1012, where lifestyle and convenience collide! Perched up on the 10th floor, this unit is tucked away at the end of the hall giving it higher views and notable privacy. The L-shape floor plan provides dimension and character to the space and offers a large, open concept kitchen featuring stainless steel appliances, stone counters, and plenty of cabinets and prep space. The smart layout includes a spacious foyer, as well as living and dining areas that offer enough room to include an office nook should you wish! The primary bedroom with huge windows is complimented by a full bath featuring in-suite laundry. This well run building offers wonderful amenities: rooftop terrace with BBQ, party room, library, and bike room. The condo fees include heat & water! Location-wise, it can't be beat. Within walking distance you can visit the Rideau Centre, the Rideau Canal, tour Parliament, hop on the O-Train, or access shops, dining and more! Must see! Book a showing today!

138 Somerset Street W Unit 1012, Ottawa Centre

$1,479,900

4 Beds ⋅ 4 Baths ⋅ X14097568 MLS

33 Argyle Street offers more than a multi-unit property: it combines real estate, income and flexibility in the heart of Ottawa's Golden Triangle. This classic three-storey red brick triplex sits on a 33' x 99' lot with multiple parking spaces, a private backyard and an additional 4th bachelor suite in the lower level. Over nearly a decade, the owners have carefully maintained and improved the property to the tune of nearly $200,000, in addition to an extensive remodel carried out in approx 2013. All while building a fully licensed short-term rental operation with an established five-star Airbnb track record generating more than six figures in annual revenue. The main level suite features a 1-bedroom suite with additional Murphy-bed sleeping capacity. The second floor suite offers a flexible 2-bedroom layout, while the third level includes a bright 1-bedroom apartment with ductless A/C and a well-equipped kitchen. The basement, newly finished in recent years, offers a 4th separate bachelor suite. Continue the existing short-term rental model, transition to conventional tenancies, or explore an owner-occupied approach great for house-hacking or multi-generational living. Just steps from Elgin Street, the Rideau Canal, the Museum of Nature, downtown and Parliament Hill.

33 Argyle Avenue, Ottawa Centre

60 McLeod Street Unit 103, Ottawa Centre

$629,000

2 Beds ⋅ 2 Baths ⋅ X14087714 MLS

Spacious main-floor 2-bedroom, 2 bathroom condominium in Ottawa's highly desirable Golden Triangle area-an ideal blend of comfort, convenience and a truly private outdoor space. The unit features a practical layout with a large kitchen that includes a office space/eating area. You'll also appreciate the amazing in-unit storage, helping you stay organized while keeping the living space open and uncluttered. Step outside to your private balcony, a relaxing retreat for morning coffee, quiet evenings and enjoy the outdoors without the noise or feel of a busy street. The building itself is well managed, well maintained and offers a welcoming community atmosphere. Residents enjoy many activities and social functions, making it easy to connect while still having the privacy you want. Location is a major highlight...close to shops, restaurants, groceries, bike paths, Rideau Canal. Condo fees include heat, hydro, water and amenities! If you're looking for a comfortable, main floor condo in a vibrant, well run building in one of Ottawa's best neighbourhoods, this one is a must see.

60 McLeod Street Unit 103, Ottawa Centre

138 Somerset Street W Unit 604, Ottawa Centre

$249,900

1 Beds ⋅ 1 Baths ⋅ X14085364 MLS

Welcome to 138 Somerset St W #604! This beautifully maintained & freshly painted 1 bedroom + den condo is located in the heart of Centretown. Steps away from restaurants, transit, parks, shopping and scenic pathways along the Rideau Canal, this condo has it all! As you step inside, you're greeted by a functional & open-concept layout, complete with hardwood flooring, a bright solarium, and newly installed tile flooring in the kitchen. The kitchen features stainless steel appliances and a convenient breakfast bar, flowing seamlessly into the dining and living area. A spacious bedroom, full bathroom, additional den (perfect to use as office space) and in-unit laundry complete this condo. Amenities include a stunning rooftop terrace, party/meeting room & bike storage!

138 Somerset Street W Unit 604, Ottawa Centre

45 Argyle Avenue Unit 101, Ottawa Centre

$600,000

2 Beds ⋅ 2 Baths ⋅ X14031768 MLS

Unit 101 at 45 Argyle Ave, a charming ground-floor opportunity tucked just off Elgin Street, steps from the canal, top restaurants, and everyday conveniences. The inviting living room centers around a cozy wood-burning fireplace, perfect for Ottawa winters. The kitchen features stainless steel appliances, a bar-stool eating area, plus a bright breakfast nook tucked into a bay window; a lovely spot for morning coffee. A proper dining area comfortably fits a full-size table, ideal for hosting. The primary bedroom enjoys its own bay window as well, and benefits from an ensuite that is also accessible from the hallway. A 2-piece powder room off the entrance adds extra convenience for guests, rounding out a layout that's as functional as it is comfortable. The ground-level terrace is an easy, private outdoor space, plus enjoy the building's shared rooftop terrace for those wider skyline views. This unit also includes one underground parking space with a storage locker located right behind it, making everyday errands that much easier. A wonderful opportunity for first-time buyers or those looking to downsize without compromise, all in one of Ottawa's most walkable, vibrant neighbourhoods.

45 Argyle Avenue Unit 101, Ottawa Centre

$1,999,000

9 Beds ⋅ 6 Baths ⋅ X14020934 MLS

Few properties in Ottawa carry the locational weight of 161-163 Gilmour Street. Fronting directly onto Minto Park in the heart of the Golden Triangle, steps from Elgin Street, the Rideau Canal, and Parliament Hill, this is the kind of address that keeps units filled and tenants renewing. This fully occupied 5-unit multiplex generates $11,358 per month in gross rent, $136,302 annually, with a Net Operating Income of approximately $96,584 and a cap rate of 4.83%. It has been continuously occupied since the current owner's purchase in 2019, with rents adjusted annually in accordance with the Landlord and Tenant Board guideline and no vacancy at any point during that period. The unit mix includes a 3 bedroom/2 bathroom, two 2 bedroom/1 bathroom units, and two 1 bedroom/1 bathroom units; a diversified range of price points within a single asset, each with its own large outdoor patio. Over $275,000 has been invested since 2020, covering two new boilers (2022), seven hot water tanks with 10-year warranties (2020/21), a full exterior restoration including brick re-pointing, rebuilt front arches, interlock walkway, and a complete repaint (2023), full asphalt paving of the parking area and laneway (2025), an ongoing window replacement program, individual unit renovations across multiple floors, refreshed building hallways, and a new coin-operated laundry (2026). The building is on active professional service contracts for snow removal, annual HVAC maintenance, and fire safety inspections; run like an investment, not a hobby. Parking is included for four of the five units. Full financial detail and a complete capital improvement history are available; investor package attached. The Golden Triangle draws government workers, downtown professionals, and students year-round, and with multiple OC Transpo routes at the door and virtually everything within walking distance, the tenant pool here is deep and the vacancy risk is about as low as it gets in this city.

161-163 Gilmour Street, Ottawa Centre

$2,100,000

6 Beds ⋅ 5 Baths ⋅ X13869734 MLS

PROJECTED 5.37% CAP RATE AT $2,100,000. 64 Delaware Avenue: fully furnished, restored 5-plex in Ottawa's sought-after Golden Triangle. Projected annual gross income of $143,100 and NOI of $112,807, based on the following pro forma: 1 x 2-bedroom suite at $2,700/month, 4 x 1-bedroom suites at $2,150/month, plus $7,500/year from 5 parking spaces. Apartment rents total $11,300/month or $135,600/year. Deducting 3% vacancy/collection loss ($4,293), property taxes ($16,000), insurance ($5,000) and general maintenance ($5,000) yields the projected NOI above. Currently vacant, offering the opportunity to establish new tenancies at market-supported rents. Extensive updates, furnished suites and preserved architectural character complement this central location near the Rideau Canal, Elgin Street, shops and restaurants. Income figures are projections, not an existing rent roll. Cap rate is before financing; additional owner-paid utilities, management and replacement reserves are excluded. Buyers to verify achievable rents and complete operating costs.

64 Delaware Avenue, Ottawa Centre

$2,100,000

X13869724 MLS

PROJECTED 5.37% CAP RATE AT $2,100,000. 64 Delaware Avenue: fully furnished, restored 5-plex in Ottawa's sought-after Golden Triangle. Projected annual gross income of $143,100 and NOI of $112,807, based on the following pro forma: 1 x two-bedroom suite at $2,700/month, 4 x one-bedroom suites at $2,150/month, plus $7,500/year from 5 parking spaces. Apartment rents total $11,300/month or $135,600/year. Deducting 3% vacancy/collection loss ($4,293), property taxes ($16,000), insurance ($5,000) and general maintenance ($5,000) yields the projected NOI above. Currently vacant, offering the opportunity to establish new tenancies at market-supported rents. Extensive updates, furnished suites and preserved architectural character complement this central location near the Rideau Canal, Elgin Street, shops and restaurants. Income figures are projections, not an existing rent roll. Cap rate is before financing; additional owner-paid utilities, management and replacement reserves are excluded. Buyers to verify achievable rents and complete operating costs.

64 Delaware Avenue, Ottawa Centre

$1,479,900

4 Beds ⋅ 4 Baths ⋅ X13865042 MLS

33 Argyle Street offers more than a multi-unit property: it combines real estate, income and flexibility in the heart of Ottawa's Golden Triangle. This classic three-storey red brick triplex sits on a 33' x 99' lot with multiple parking spaces, a private backyard and an additional 4th bachelor suite in the lower level. Over nearly a decade, the owners have carefully maintained and improved the property to the tune of nearly $200,000, in addition to an extensive remodel carried out in approx 2013. All while building a fully licensed short-term rental operation with an established five-star Airbnb track record generating more than six figures in annual revenue. The main level suite features a 1-bedroom suite with additional Murphy-bed sleeping capacity. The second floor suite offers a flexible 2-bedroom layout, while the third level includes a bright 1-bedroom apartment with ductless A/C and a well-equipped kitchen. The basement, newly finished in recent years, offers a 4th separate bachelor suite. Continue the existing short-term rental model, transition to conventional tenancies, or explore an owner-occupied approach great for house-hacking or multi-generational living. Just steps from Elgin Street, the Rideau Canal, the Museum of Nature, downtown and Parliament Hill.

33 Argyle Avenue, Ottawa Centre

138 Somerset Street W Unit 408, Ottawa Centre

$299,900

1 Beds ⋅ 1 Baths ⋅ X13847448 MLS

Welcome to 408-138 Somerset St W, a bright one bedroom plus den at Somerset Gardens, right where Centretown meets the Golden Triangle. Step out the front door and the whole city is yours: Elgin Street patios, Bank Street shops, the Rideau Canal, City Hall, Parliament Hill and the government offices are all an easy walk. uOttawa is a short stroll, Carleton a quick transit ride, and the O-Train is minutes away. This is the address for people who want to live downtown, not just work there. Inside, the open living and dining area flows out to a private balcony made for morning coffee or an after-work glass of wine. The kitchen sits right in the mix, so nobody gets stuck cooking alone. The den is the flexible bonus: home office, reading nook, workout corner, whatever your week looks like. The bedroom is tucked away at the back for quiet, with a four-piece bath and in-suite laundry steps away. Floors and doors were updated in 2019 and the unit was freshly painted this fall, so it's move-in ready. Then there's the building. Take the elevator up to the rooftop terrace with its sunroom and communal BBQ and watch the sun set over the skyline. There's a party room, a library, a bike room and secure fob entry. Smoke-free throughout. Here's the part the spreadsheet will love: heat, central air and water are included in the condo fees. You pay hydro. That's it. No parking with this unit, and honestly, you won't miss it. Everything you need is on foot, transit is at the door, and street parking permits are available through the City. First-time buyer, grad student, young professional, downsizer craving a bit of buzz: this one's for you. Come see what downtown living feels like.

138 Somerset Street W Unit 408, Ottawa Centre

$899,900

2 Beds ⋅ 2 Baths ⋅ X13804128 MLS

Welcome to Unit 5 at 96 Frank Street, a spacious, move-in-ready top-floor condo in the heart of Centretown. Ideally located between the renowned restaurants and shops of Elgin Street and the scenic Rideau Canal, this sought-after address offers exceptional access to downtown amenities. Hardwood flooring runs throughout the condo, complemented by bright paint tones, modern trim, upgraded quality doors and stylish lighting. New window coverings have been installed throughout, except in the living room. The large living and dining area is ideal for everyday living and entertaining. A wood-burning fireplace with a striking tile surround anchors the living room, while a beautiful Murano Luna Piccolo chandelier enhances the dining area. The updated kitchen is a true highlight, featuring a stylish combination of sage and white cabinetry, quartz countertops, a custom Italian-tile backsplash, an oversized island and ample storage with convenient pot drawers. Stainless steel appliances include a built-in oven and cooktop.The spacious primary bedroom offers large double closets and new California shutters. The second bedroom is generous in size with ample closet space, while the third is currently used as a den and is ideal for a home office or guest room. The first bathroom features double sinks, an oversized vanity, a tiled tub and shower, and a built-in makeup counter. The second bathroom offers a glass-enclosed shower and modern vanity. In-suite laundry adds everyday convenience. A large patio provides space to relax, entertain and barbecue during the warmer months, and residents also enjoy common access to the backyard. One underground parking space and a storage locker are included. A rare combination of space, style and walkability, just steps from the best of Centretown and walking distance to the University of Ottawa.

96 Frank Street Unit 5, Ottawa Centre

4104 - Ottawa Centre/Golden Triangle Real Estate

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