Mirna Botros
613-600-262654 Centennial Boulevard - $1,900,000
54 Centennial Boulevard - $1,900,000
54 Centennial Boulevard
$1,900,000
4405 - Ottawa East
Ottawa, OntarioK1S0M9
10 beds
6 baths
7 parking
MLS#: X13022406Listed: about 4 hours agoUpdated:about 3 hours ago
Description
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 $102,316.92 and NOI of $73,429.92. 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 3) 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. (id:58075)Details
Details for 54 Centennial Boulevard, Ottawa, Ontario- Property Type
- Multi Family
- Building Type
- Other
- Storeys
- 3
- Neighborhood
- 4405 - Ottawa East
- Land Size
- 176.3 FT
- Year Built
- -
- Annual Property Taxes
- $15,678
- Parking Type
- Detached Garage, Garage
Inside
- Appliances
- Washer, Refrigerator, Dishwasher, Stove, Dryer
- Rooms
- -
- Bedrooms
- 10
- Bathrooms
- 6
- Fireplace
- -
- Fireplace Total
- -
- Basement
- Apartment in basement, N/A
Building
- Architecture Style
- -
- Direction
- Cross Streets: Centennial & Rideau Garden. ** Directions: From Main St, travel East on Centennial Blvd.
- Type of Dwelling
- other
- Roof
- -
- Exterior
- Brick
- Foundation
- Concrete
- Flooring
- -
Land
- Sewer
- Sanitary sewer
- Lot Size
- 176.3 FT
- Zoning
- -
- Zoning Description
- -
Parking
- Features
- Detached Garage, Garage
- Total Parking
- 7
Utilities
- Cooling
- None
- Heating
- Radiant heat, Not known, Natural gas
- Water
- Municipal water
Feature Highlights
- Community
- -
- Lot Features
- Irregular lot size, Carpet Free
- Security
- -
- Pool
- -
- Waterfront
- -
Rooms
Rooms for 54 Centennial Boulevard, Ottawa, OntarioMap
Mirna Botros RealtorCopyright 2026