$979,000
Ottawa
27 Argyle Avenue, Ottawa, Ontario, K2P1B3
This multi-family property in Ottawa is for sale offering roughly 2,250 sq ft of space. It has been on the market 6 days, fresher than the Ottawa average of 62 days.
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 (id:66096)
Features and services as supplied by the listing brokerage.
Just listed: 6 days on market, against an average age of 62 days across the listings currently for sale in this city
This 4-bed multi-family in Ottawa has been listed for 6 days, which is 56 days fresher than the city average of 62. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $979,000, about 14.7× the local median household income of $66,500.
Carrying it typically needs a household income of about $191,233 (20% down, 25-yr amortization, stress-tested) — roughly 188% above the area median.
Source: Statistics Canada, 2021 Census (FSA K2P)
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.