All Listings
54 Centennial Boulevard, Ottawa, ON — photo 1
54 Centennial Boulevard, Ottawa, ON — photo 2
54 Centennial Boulevard, Ottawa, ON — photo 3
54 Centennial Boulevard, Ottawa, ON — photo 4
54 Centennial Boulevard, Ottawa, ON — photo 5
54 Centennial Boulevard, Ottawa, ON — photo 6
54 Centennial Boulevard, Ottawa, ON — photo 7
54 Centennial Boulevard, Ottawa, ON — photo 8
54 Centennial Boulevard, Ottawa, ON — photo 9
54 Centennial Boulevard, Ottawa, ON — photo 10
54 Centennial Boulevard, Ottawa, ON — photo 11
54 Centennial Boulevard, Ottawa, ON — photo 12
54 Centennial Boulevard, Ottawa, ON — photo 13
54 Centennial Boulevard, Ottawa, ON — photo 14
54 Centennial Boulevard, Ottawa, ON — photo 15
54 Centennial Boulevard, Ottawa, ON — photo 16
54 Centennial Boulevard, Ottawa, ON — photo 17
54 Centennial Boulevard, Ottawa, ON — photo 18
54 Centennial Boulevard, Ottawa, ON — photo 19
54 Centennial Boulevard, Ottawa, ON — photo 20
54 Centennial Boulevard, Ottawa, ON — photo 21
54 Centennial Boulevard, Ottawa, ON — photo 22
54 Centennial Boulevard, Ottawa, ON — photo 23
54 Centennial Boulevard, Ottawa, ON — photo 24
54 Centennial Boulevard, Ottawa, ON — photo 25
54 Centennial Boulevard, Ottawa, ON — photo 26
54 Centennial Boulevard, Ottawa, ON — photo 27
54 Centennial Boulevard, Ottawa, ON — photo 28
54 Centennial Boulevard, Ottawa, ON — photo 29
54 Centennial Boulevard, Ottawa, ON — photo 30
54 Centennial Boulevard, Ottawa, ON — photo 31
54 Centennial Boulevard, Ottawa, ON — photo 32
54 Centennial Boulevard, Ottawa, ON — photo 33
54 Centennial Boulevard, Ottawa, ON — photo 34
54 Centennial Boulevard, Ottawa, ON — photo 35
54 Centennial Boulevard, Ottawa, ON — photo 36
54 Centennial Boulevard, Ottawa, ON — photo 37
54 Centennial Boulevard, Ottawa, ON — photo 38
1 / 38

$1,850,000

Active
54 Centennial Boulevard, Ottawa, ON· Ottawa East
8+2
Bedrooms
6
Bathrooms
3500-5000
Sq Ft
$370–$529
Per Sq Ft
7
Detached Parking

Get alerts for new listings in Ottawa East

Be the first to know when a new home hits the market here.

Set up alerts

About this Property

  • The property includes 6 parking spaces and a garage currently used by the owner

Turnkey 6-unit investment opportunity in a strong rental location with significant upside potential. This well-maintained building features 2 two-bed, 2 two-bed + den, and 2 one-bed units with a current gross income of $106,530.92 and NOI of $77,653.92. Recent capital improvements include a full roofing system replacement in 2025, extensive masonry repairs in 2025 including brick replacement, repointing and structural crack remediation, and front entrance landscaping and concrete work completed in 2024. The pride of ownership is evident throughout with meticulously maintained exterior, common areas and landscaping. Unit mix offers strong rental growth potential, with the most recent lease (Unit 5) achieving $2,000/month, highlighting upside on remaining two-bedroom units. The property includes 6 parking spaces and a garage currently used by the owner. A 2010 survey indicates potential for future development, with a large frontage and irregular lot allowing for reconfiguration of parking to unlock additional density. Additional value-add potential exists in the basement with storage and hydro meter rooms adjacent to Unit 1, offering the possibility of consolidation to enhance unit size or functionality. A rare opportunity to acquire a well-cared-for asset with both immediate income and long-term development potential.

Listed by SLEEPWELL REALTY GROUP LTD · MLS# X13022406

Features & Details

Property details of 54 Centennial Boulevard, Ottawa, ON

Property TypeMultiplex
Style3-Storey
Size3500-5000 sq ft
BasementApartment
Total Parking7

Mortgage Calculator

$
%
$
Mortgage Payment$9,088/monthly
Principal54%
Interest46%
Principal Amount$1,480,000
Interest$1,246,548
Total Payable$2,726,548
Amortization25 years

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

Cash Flow Analysis

Mortgage payment$9,088
Mortgage + Expenses$9,088
$
$
$
$
$
Monthly Cash Flow-$9,088

* 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.

$1,850,000

54 Centennial Boulevard, Ottawa, ON