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222 Argyle Avenue Ottawa, Ontario K2P 1B9

5 Bedroom 5 Bathroom 2500 - 3000 sqft
Central Air Conditioning Forced Air

$1,799,000

Welcome to this exceptional investment opportunity in the heart of Ottawa Centre! This multi-unit income property features 4 + 1 units-one studio, three 1-bedroom apartments and one 2-bedroom apartment. The building underwent a complete gut job, and the roof was done in 2018. The gross yearly income is $115,764 with a net income of $92,954 for 2024. Perfect for investors seeking strong rental income and long-term growth potential in a highly desirable location with a 98% walk score and a 100% bike score, with a bus stop less than a 2-minute walk away. It is close to all amenities, transit and downtown conveniences. (id:59524)

Property Details

MLS® Number X12577064
Property Type Multi-family
Neigbourhood Centretown
Community Name 4103 - Ottawa Centre
EquipmentType Water Heater
ParkingSpaceTotal 1
RentalEquipmentType Water Heater

Building

BathroomTotal 5
BedroomsAboveGround 3
BedroomsBelowGround 2
BedroomsTotal 5
Appliances Dishwasher, Dryer, Stove, Washer, Refrigerator
BasementDevelopment Finished
BasementType N/a (finished)
CoolingType Central Air Conditioning
ExteriorFinish Brick, Stucco
FoundationType Stone
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 3
SizeInterior 2500 - 3000 Sqft
Type Other
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 99 Ft ,10 In
SizeFrontage 25 Ft ,2 In
SizeIrregular 25.2 X 99.9 Ft
SizeTotalText 25.2 X 99.9 Ft
ZoningDescription R5b[854] H(19)

Rooms

Level Type Dimensions
Second Level Bedroom 3 m x 3 m
Second Level Bathroom 1.8 m x 1.5 m
Second Level Living Room 2 m x 2 m
Second Level Kitchen 2.5 m x 2 m
Second Level Dining Room 2 m x 2 m
Third Level Living Room 2 m x 3 m
Third Level Kitchen 2.5 m x 1.5 m
Third Level Bedroom 4 m x 5 m
Third Level Bathroom 2.5 m x 1.8 m
Lower Level Living Room 2 m x 2 m
Lower Level Kitchen 2 m x 2 m
Lower Level Bedroom 2 m x 2.5 m
Lower Level Bedroom 3 m x 3 m
Lower Level Bathroom 1.5 m x 1.5 m
Main Level Living Room 3.5 m x 3.5 m
Main Level Kitchen 3 m x 1.5 m
Main Level Bedroom 2.5 m x 2.5 m
Main Level Bathroom 2 m x 1.8 m
Main Level Bedroom 4 m x 4 m
Main Level Kitchen 1 m x 1 m
Main Level Bathroom 1.5 m x 1.2 m

https://www.realtor.ca/real-estate/29137267/222-argyle-avenue-ottawa-4103-ottawa-centre

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