Address
174 Arthur Street, West Centre Town, ON
Price
$ 649,900

Your Agent

Jacquie MacDonald

Sales Representative

613-706-6710


Listing provided by Jacquie MacDonald, Sales Representative, REMAX Hallmark Realty Group

Property Attributes
  • ID#X13508542
  • TypeMulti-Family
  • Listing Status Price Change
  • CityWest Centre Town
  • Area4205 - West Centre Town
  • Neighbourhood4205 - West Centre Town
  • Postal CodeK1R 7C4
  • Style3-Storey
  • Taxes$ 5156
  • Price$ 649,900
  • Bedrooms4
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage1100-1500
Data Source:
Toronto Real Estate Board (TRREB)
Property Description

INVESTMENT OPPORTUNITY for under $675,000! Three Storey semi detached TRIPLEX in the heart of Chinatown. Zoned R4H and Ideally located with a school directly across the street and just minutes to Downtown, Little Italy, public transit, shopping, restaurants, parks, and all amenities. This centrally located income property offers an excellent opportunity for investors looking to expand their portfolio or those seeking a property with strong rental potential. Situated on an 18.18' x 71.19' lot, the property includes one front parking space and a spacious backyard for tenants to enjoy. Offering an attractive CAP RATE of 6.12% and Gross Annual rental income of $51,924 this is a turnkey investment with immediate cash flow. Rented on an All Inclusive basis. Unit 1: currently Vacant and a great option for an Owner Occupied unit, it's a two bedroom, one bathroom unit on the main floor with access to the finished basement, providing additional living space and a dedicated laundry area. The kitchen and several interior finishes were updated in 2022, along with newer floors in 2026. Unit 2: One bedroom, one bathroom apartment on the second floor with its own washing machine. Unit 3 is a one bedroom, one bathroom unit that provides additional rental income. The property is heated by natural gas forced air and serviced by one hydro meter. All appliances are included! Located in one of Ottawa's most desirable rental areas with consistent tenant demand, this property offers excellent long term investment potential and the opportunity to generate reliable income from day one. A fantastic opportunity to own an affordable multi unit property in a prime central location. Book your private showing today! 24 hour irrevocable required on all offers.

Price History
7/1/2026 Listed $674,900
9/3/2026 4$649,900

General Features

Sewer Sewer
Cooling None
Roof Asphalt Shingle
Architectural Style 3-Storey
Pool Features None
Construction Materials Brick,Other
Heater Type Forced Air
Parking Spaces 1
Property Subtype Triplex
Tax Year 2026
Lot Depth 71.19
PropertyFeatures Public Transit,Park
County Ottawa
New Construction No
Property Type Residential Freehold
Attached Garage No
Facing Direction West
Garage Y/N No
Status Price Change
City West Centre Town
Senior Community Y/N No
Lot Size Units Feet
Property Attached Y/N No
Tax Annual Amount 5156.78
Standard Status Active
Occupancy Type Tenant
Legal Description PT LT 168,PL 3459,W ARTHUR ST AS IN N697706,T/W AS IN N697706 ; OTTAWA/NEPEAN

Interior Features

Interior Amenities Water Heater Owned
Basement Full,Finished
Heat Source Gas
Basement (Y/N) No
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N No
Total Bedrooms 4
Elevator? No
Total Baths 3
Bedrooms 4
Living Area Range 1100-1500

Exterior Features

Total Parking 1.0
Garage Type None
Foundation Details Concrete
Spa No
Frontage Length 5.54
Waterfront Y/N No
Covered Spaces 0.0

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in K1R 7C4

Price
AVG $650K
$650K
Visits
AVG 6
104
Data Provided by Inside Real Estate®

Your Agent

Jacquie MacDonald

Sales Representative

613-706-6710


Listing provided by Jacquie MacDonald, Sales Representative, REMAX Hallmark Realty Group

Listed By
RE/MAX HALLMARK REALTY GROUP

Areas We Cover