48 photos
$814,900
ActiveAbout this Property
Welcome to 58-60 Louisa Street. A classic red brick triplex in the heart of the city. Just steps from restaurants on Preston Street, picturesque walks along Dow's Lake, and the LRT, this property offers the best of urban convenience and lifestyle. This three-storey investment property features generously sized principal rooms, individual hydro meters, new exterior patios off of all three units, recently updated roof and windows, parking for 4 cars, large detached garage, and a healthy income with lots of room to grow. Unit 1 is a large one bedroom plus den with formal living and dining room. Owner occupied and estimated $1900/month+hydro, parking included. Unit 2 is a spacious one bedroom plus den $1420/month+hydro, parking included. Unit 3 is a bright open concept studio $830/month+hydro, parking included. Heat: $1,201, Water: $1,108, Insurance: $1,724, Hydro: $830. That's a CAP rate of 4.88%!!! Perfect for an owner to occupy or as a fully tenanted rental investment. Discover the opportunity for yourself. Book your private showing today!
Listed by RE/MAX HALLMARK REALTY GROUP · MLS# X13052090
About Centretown
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.
Features & Details
Property details of 58-60 Louisa Street, Ottawa, ON
Market Insights for Triplex in Ottawa
Based on 27 sales in the last 90 days · Showing city-wide data
Buyer’s Market
Properties are sitting longer (avg 46 days). Buyers have more negotiating power and time to decide.
New Listings
27
Avg Days on Market
46 days
Avg Price/Sq Ft
$470
Location
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Cash Flow Analysis
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Akash Sharma
REALTOR® · Ali Realty Group Inc.
Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.
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