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
0 beds
0 baths
null parking
MLS#: X13022410Listed: about 4 hours agoUpdated:about 2 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
- Multi Family
- Storeys
- -
- Neighborhood
- 4405 - Ottawa East
- Land Size
- Bldg=176.3 FT
- Year Built
- -
- Annual Property Taxes
- $15,678
- Parking Type
- -
Inside
- Appliances
- Washer, Dishwasher, Dryer
- Rooms
- -
- Bedrooms
- -
- Bathrooms
- 0
- Fireplace
- -
- Fireplace Total
- -
- Basement
- -
Building
- Architecture Style
- -
- Direction
- Cross Streets: Centennial & Rideau Garden. ** Directions: From Main St, Turn onto Centennial Blvd.
- Type of Dwelling
- multi_family
- Roof
- -
- Exterior
- -
- Foundation
- -
- Flooring
- -
Land
- Sewer
- -
- Lot Size
- Bldg=176.3 FT
- Zoning
- -
- Zoning Description
- R1MM
Parking
- Features
- -
- Total Parking
- -
Utilities
- Cooling
- None
- Heating
- Hot water radiator heat, Natural gas
- Water
- Municipal water
Feature Highlights
- Community
- -
- Lot Features
- -
- Security
- -
- Pool
- -
- Waterfront
- -
Rooms
Rooms for 54 Centennial Boulevard, Ottawa, OntarioMap
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