5 Beds 4 Bath

270 Arlington Avenue, Ottawa Centre, ON K1R 5T2

Ottawa Centre K1R 5T2 Ontario

MLS: X12659770

$1,588,000

Added 18 hours ago | For Sale

Listed by: ONE PERCENT REALTY LTD.

About Property

Located in the heart of Centretown, this very well-maintained fourplex offers a rare combination of strong in-place income and owner-occupier flexibility. The owner-occupied main unit features 2 bedrooms plus a den, access to a large private deck, and offers potential rental income of approximately $2,400/month, making it ideal for an investor or buyer seeking a live-in investment opportunity. The remaining units include a 2-bedroom second-floor apartment currently rented at $2,280/month, a spacious one-bedroom third-floor unit rented at $1,880/month, and a recently renovated one-bedroom basement apartment rented at $1,640/month. Each unit includes the convenience of its own in-unit laundry. A standout feature of this property is the rare six on-site parking spaces, along with a garage currently used as a workshop, offering additional flexibility. The space may present an opportunity for future rental income or conversion back to a garage, subject to buyer due diligence and any required approvals. Ideally located close to transit, shops, restaurants, and downtown amenities, this property represents a compelling opportunity for investors or owner-occupiers looking to establish themselves in one of Ottawa's most sought-after central neighbourhoods.

Features

  • House Style:Fourplex
  • Bathrooms:4
  • Land Size: 50 X 99
  • Water:Municipal
  • Garage Spaces: /Detached
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Arlington Ave & Percy St
  • Basement:Finished,Apartment , Finished,Apartment
  • Possession Date:TBD
  • Annual Property taxes: $9880.77
  • Bedrooms:5 +1
  • Total Parking Spaces:6
  • Parking Places:6
  • Heating Type:Radiant
  • Pool Type:None
  • Exterior:
  • Direction Facing:South
  • Front Footage:
  • Listing ID:X12659770

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