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$2,100,000

Active
141 Primrose Avenue, Ottawa, ON· West Centre Town
12
Bedrooms
9
Bathrooms
3500-5000
Sq Ft
$420–$600
Per Sq Ft
2
None Parking

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About this Property

  • 5 bathrooms along with partially finished basements

Opportunity awaits! CAP RATE 7.55%. Perfect for visionary investors or ambitious home buyers seeking a revitalization project in the vibrant Lebreton Flats. Three refreshed century townhomes with original charm in a quiet neighbourhood are part of this exceptional real estate opportunity. Built in 1905, each home boasts 4 spacious bedrooms two equipped with 3 full bathrooms and one with 2.5 bathrooms along with partially finished basements. Separate utilities - forced air heating, on-demand tankless hot water, and air conditioning. Set on a generous lot of 56 x 84 feet and just steps away from the exciting new Sens arena development, LRT, and so much more. Severance potential adds further value and flexibility for future development. Don't miss out on this remarkable opportunity to make your mark in a thriving community!

Listed by RE/MAX ABSOLUTE WALKER REALTY · MLS# X13770584

About Centretown

Urban Core · Avg $450K

Centretown is Ottawa's most walkable and vibrant urban neighbourhood, offering a lifestyle built around convenience, culture, and community. Bounded roughly by the Queensway to the south, the Rideau Canal to the east, Wellington Street to the north, and Bronson Avenue to the west, Centretown places residents within walking distance of Parliament Hill, the National Arts Centre, major museums, and the city's best dining and nightlife corridors on Bank Street, Elgin Street, and Somerset Street.

Walk Score97
Avg Condo Price$450K
Restaurants200+
Walk to Parliament15 min
View Full Centretown Guide

Features & Details

Property details of 141 Primrose Avenue, Ottawa, ON

Property TypeMultiplex
Style2-Storey
Size3500-5000 sq ft
BasementPartially Finished, Full
Total Parking2

Mortgage Calculator

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%
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Mortgage Payment$10,317/monthly
Principal54%
Interest46%
Principal Amount$1,680,000
Interest$1,415,001
Total Payable$3,095,001
Amortization25 years

* Estimate only. Consult a mortgage broker for accurate figures.

Cash Flow Analysis

Mortgage payment$10,317
Mortgage + Expenses$10,317
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$
$
$
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Monthly Cash Flow-$10,317

* Estimate only. Consult a mortgage broker for accurate figures.

5.0 · 70+ Google reviews
Akash Sharma

Akash Sharma

REALTOR® · Ali Realty Group Inc.

Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.

$2,100,000

141 Primrose Avenue, Ottawa, ON