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    For Sale - 174 Arthur Street, West Centre Town, Ontario

    Est payment $3,121/mo
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    Views   2
    Time on Jump  109 day

    AI Summary *

    • Three-storey triplex in the heart of Chinatown, perfect for investors.
    • Strong rental potential with gross annual income of $51,924.
    • Vacant two-bedroom unit ideal for owner occupancy or additional income.
    • Spacious backyard and one front parking space for tenant convenience.
    • Zoned R4H in a prime location near schools, transit, and amenities.




    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.
    Listing IDX13508542
    Address174 Arthur Street
    CityWest Centre Town, Ontario
    Price$649,900
    Bed / Bath4 / 3 Full
    Style3-Storey, Triplex
    ConstructionBrick, Other
    TypeMulti-Family
    StatusFor Sale

    Subtype TriplexIndoor Features Water Heater OwnedAmenities Public Transit, ParkOwnership FreeholdBasement Full, FinishedFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

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    Listing Brokerage: RE/MAX HALLMARK REALTY GROUP

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    174 Arthur Street
    West Centre Town , Ontario
    4 3 $649,900
    Get more info