222 Argyle Avenue Ottawa, Ontario K2P 1B9
$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 | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom | 3 m | 3 m | 3 m x 3 m |
| Second Level | Bathroom | 1.8 m | 1.5 m | 1.8 m x 1.5 m |
| Second Level | Living Room | 2 m | 2 m | 2 m x 2 m |
| Second Level | Kitchen | 2.5 m | 2 m | 2.5 m x 2 m |
| Second Level | Dining Room | 2 m | 2 m | 2 m x 2 m |
| Third Level | Living Room | 2 m | 3 m | 2 m x 3 m |
| Third Level | Kitchen | 2.5 m | 1.5 m | 2.5 m x 1.5 m |
| Third Level | Bedroom | 4 m | 5 m | 4 m x 5 m |
| Third Level | Bathroom | 2.5 m | 1.8 m | 2.5 m x 1.8 m |
| Lower Level | Living Room | 2 m | 2 m | 2 m x 2 m |
| Lower Level | Kitchen | 2 m | 2 m | 2 m x 2 m |
| Lower Level | Bedroom | 2 m | 2.5 m | 2 m x 2.5 m |
| Lower Level | Bedroom | 3 m | 3 m | 3 m x 3 m |
| Lower Level | Bathroom | 1.5 m | 1.5 m | 1.5 m x 1.5 m |
| Main Level | Living Room | 3.5 m | 3.5 m | 3.5 m x 3.5 m |
| Main Level | Kitchen | 3 m | 1.5 m | 3 m x 1.5 m |
| Main Level | Bedroom | 2.5 m | 2.5 m | 2.5 m x 2.5 m |
| Main Level | Bathroom | 2 m | 1.8 m | 2 m x 1.8 m |
| Main Level | Bedroom | 4 m | 4 m | 4 m x 4 m |
| Main Level | Kitchen | 1 m | 1 m | 1 m x 1 m |
| Main Level | Bathroom | 1.5 m | 1.2 m | 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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