277 Arlington Avenue, Ottawa - Multi-family for Sale
277 Arlington Avenue, Ottawa, Ontario, K1R5T1
6 beds4 baths3 parking2,250 ft²31 × 99 ft (3,069 sq ft) lot sizeListed 49 days ago
Overview
This multi-family property in Ottawa is for sale offering roughly 2,250 sq ft of space. It has been on the market 49 days, fresher than the Ottawa average of 62 days.
Situated in Ottawa's sought-after Centretown West community, this character filled triplex blends historic charm w/ modern functionality, ideal for investors seeking strong income potential. Built in 1910 & set on a 31' x 99' lot, this R4S-zoned property has undergone many updates incl. 2nd Level Unit (Renovated 23'), 2nd & 3rd lvl wall unit AC installed in (23'), furnace (21'), Main Level with Basement unit (Fully Renovated 21') & roof (08'). Each unit has been well-maintained, feat. vinyl or laminate flooring, upgraded kitchens + bathrooms & in-unit laundry. The spacious main lvl unit (3 bed, 2 bath) spans two levels, fully renovated in 21' & w/ a renovated main level separate shower (Nov 25'), is a stunning unit to see & offers access to the sunroom & backyard. Rented for $2,505 + 1 parking spot. The second level unit (2 bed, 1 bath) was fully renovated in 23' & showcases a quartz kitchen, covered balcony & modern finishes + 1 parking spot- currently vacant, projected market rent of $2450. The top lvl unit (1 bed, 1 bath,) offers an open layout, large bedroom & access to a fire escape. Rented for $1,470 (no parking included). Motion lighting for staircase to 2nd & 3rd Lvl. Exterior highlights incl. a detached garage (currently storage), landscaped yard & 2 legal parking spots ( w/ potential for 3 more spaces with roof modifications). Monthly rental income: $6,425. Yearly: $77,100. Upswing potential still & shows very well. Located steps to Bank St., Chinatown, Little Italy & the Glebe, enjoy the best of urban Ottawa w/ so many unique stores & restaurants in the immediate area & beyond. Just steps away to local faves like Arlington Five, Red Apron & Flora Hall Brewing or enjoy nearby recreation at McNabb Park, Lansdowne & the Rideau Canal. Quick transit (#14 & #85) or easy access to Hwy 417 make commuting a breeze. A prime opportunity to own a turn-key triplex in one of Ottawa's most vibrant neighbourhoods, great for any lifestyle & an amazing opportunity. (id:66096)
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
49d
Ottawa listings, avg age
62d
Price / ft²
$515
List price
$1.16M
Long Listed: 49 days on market, against an average age of 62 days across the listings currently for sale in this city
Market timing · days on market0 → 62d avg age of current listings
Long Listed · day 49
Haho
This 6-bed multi-family in Ottawa has been listed for 49 days, which is 13 days fresher than the city average of 62. Act while there is still low competition.
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Living room
2.07 x 2.62 meters
Third level
Living room
4.78 x 4.44 meters
Kitchen
3.05 x 1.99 meters
Bedroom
4.13 x 4.61 meters
Bathroom
1.72 x 2.32 meters
Basement
Bedroom
3.69 x 4.76 meters
Bedroom
3.69 x 2.92 meters
Utility room
5.94 x 3.82 meters
Bathroom
2.14 x 2.85 meters
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
