4104 - Ottawa Centre/Golden Triangle Homes with 3-Storey Style

4104 - Ottawa Centre/Golden Triangle Homes with 3-Storey Style

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Newest 4104 - Ottawa Centre/Golden Triangle Homes with 3-Storey Style

27 Argyle Avenue, Ottawa Centre
$979,000
4 Beds ⋅ 4 Baths ⋅ X14126514 MLS
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
33 Argyle Avenue, 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
161-163 Gilmour Street, 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
64 Delaware Avenue, 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
33 Argyle 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
14 Somerset Street W, Ottawa Centre
$1,425,000
5 Beds ⋅ 3 Baths ⋅ X13110762 MLS
So much potential and charm! Check out this triplex steps away from the Rideau Canal, restaurants,Parliament Hill, University of Ottawa & much more! Located in one of the most sought-after areas in the Golden Triangle. Very large main floor features 2 bedrooms as well as an office/den area (currently used as a 3rd bedroom), large living room with a fireplace & a ton of natural light! 2nd floor features 1 bedroom, formal dining area/office, sitting room & its own large balcony. 3rd floor features 2 bedrooms, an office/formal dinning area & has a ton of natural light throughout! Updates include: Maize Siding & Eavestroughing, windows, roof, boiler (2018) maintenance every year, driveway & more! Main floor will be vacant upon closing - perfect for owner occupied unit with additional income from the other units, or investment opportunity!

14 Somerset Street W, Ottawa Centre
112 Queen Elizabeth Drive, Ottawa Centre
$3,200,000
4 Beds ⋅ 4 Baths ⋅ X12896862 MLS
Welcome to 112 Queen Elizabeth Drive, a fabulous 3500 Sq Ft home custom built by prominent Ottawa builder Mr. Allan Bateman and designed by award-winning architect Mr. Barry Hobin. Homes of this caliber and architectural integrity are seldom available, this exceptional design features a striking three-storey open riser staircase, 3 bedrooms, four bathrooms and a main floor Den/Office or 4th bedroom with expansive living room with floor to ceiling fireplace and dining space anchored by a truly spectacular chef's kitchen. A private home office, easily accessed from both the kitchen and second floor hallway, offers a quiet retreat, while the integrated elevator provides seamless accessibility across all levels. The home's design embraces a minimalist aesthetic rooted in strength, simplicity, and functionality. Clean lines, open spaces, and a refined material palette-featuring stone, metal and wood create a timeless, modern presence. Wide plank oak flooring runs throughout, adding warmth and continuity, while a neutral palette of charcoal and deep browns is elevated by subtle metallic accents. Expansive windows and carefully considered lighting maximize natural light and highlight the architectural form. Thoughtfully designed for both luxury and function, the lower level is perfectly suited for a home theatre or entertainment space. Practical elements have been equally considered, with a spacious mudroom connected to the oversized 20' x 20' double-car garage, and a well-appointed laundry room discreetly located on the bedroom level. A rare offering where design, craftsmanship, and location converge. A new home is currently being built at 8 McLeod Street (refer to the survey and photos).

112 Queen Elizabeth Drive, Ottawa Centre
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