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$649,900

Active
174 Arthur Street, Ottawa, ON· West Centre Town
4
Bedrooms
3
Bathrooms
1100-1500
Sq Ft
$433–$591
Per Sq Ft
1
None Parking

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About this Property

  • The kitchen and several interior finishes were updated in 2022, along with newer floors in 2026

INVESTMENT OPPORTUNITY for under $675,000! Three Storey semi detached TRIPLEX in the heart of Chinatown. Zoned R4H and Ideally located with a school directly across the street and just minutes to Downtown, Little Italy, public transit, shopping, restaurants, parks, and all amenities. This centrally located income property offers an excellent opportunity for investors looking to expand their portfolio or those seeking a property with strong rental potential. Situated on an 18.18' x 71.19' lot, the property includes one front parking space and a spacious backyard for tenants to enjoy. Offering an attractive CAP RATE of 6.6% and Gross Annual rental income of $51,924 this is a turnkey investment with immediate cash flow. Rented on an All Inclusive basis. Unit 1: currently Vacant and a great option for an Owner Occupied unit, it's a two bedroom, one bathroom unit on the main floor with access to the finished basement, providing additional living space and a dedicated laundry area. The kitchen and several interior finishes were updated in 2022, along with newer floors in 2026. Unit 2: One bedroom, one bathroom apartment on the second floor with its own washing machine. Unit 3 is a one bedroom, one bathroom unit that provides additional rental income. The property is heated by natural gas forced air and serviced by one hydro meter. All appliances are included! Located in one of Ottawa's most desirable rental areas with consistent tenant demand, this property offers excellent long term investment potential and the opportunity to generate reliable income from day one. A fantastic opportunity to own an affordable multi unit property in a prime central location. Book your private showing today! 24 hour irrevocable required on all offers.

Listed by RE/MAX HALLMARK REALTY GROUP · MLS# X13508542

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 174 Arthur Street, Ottawa, ON

Property TypeTriplex
Style3-Storey
Size1100-1500 sq ft
BasementFull, Finished
Total Parking1

Mortgage Calculator

$
%
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Mortgage Payment$3,193/monthly
Principal54%
Interest46%
Principal Amount$519,920
Interest$437,909
Total Payable$957,829
Amortization25 years

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

Cash Flow Analysis

Mortgage payment$3,193
Mortgage + Expenses$3,193
$
$
$
$
$
Monthly Cash Flow-$3,193

* 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.

$649,900

174 Arthur Street, Ottawa, ON