More Photos

×

    For Sale - 54 Centennial Boulevard, Glebe - Ottawa East and Area, Ontario

    Est payment $8,884/mo
    Get pre-qualified
    Views   2
    Time on Jump  164 day

    AI Summary *

    • Turnkey six-unit property ready for immediate income generation.
    • Diverse unit mix with strong rental growth potential.
    • Recent improvements include new roof and masonry work for longevity.
    • Ample parking spaces plus garage for owner use.
    • Opportunity for future development and unit enhancements in basement.




    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 $106,540. 92 and noi of $77,653. 92. Recent capital improvements include a full roofing system replacement in 2025, extensive masonry repairs in 2025 including brick replacement/repointing, 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 5) 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.
    Listing IDX13022410
    Address54 Centennial Boulevard
    CityGlebe - Ottawa East and Area, Ontario
    Price$1,850,000
    StyleInvestment
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentHeating / Cooling Gas Hot Water

    ASAP

    Sat

    3

    Oct

    Sun

    4

    Oct

    Mon

    5

    Oct

    Tue

    6

    Oct

    Wed

    7

    Oct

    Thu

    8

    Oct

    Fri

    9

    Oct

    Sat

    10

    Oct

    Sun

    11

    Oct

    Mon

    12

    Oct

    Tue

    13

    Oct

    Wed

    14

    Oct

    Thu

    15

    Oct

    Fri

    16

    Oct

    Sat

    17

    Oct

    Sun

    18

    Oct

    Mon

    19

    Oct

    Tue

    20

    Oct

    Wed

    21

    Oct

    Thu

    22

    Oct

    Fri

    23

    Oct

    Sat

    24

    Oct

    Sun

    25

    Oct

    Mon

    26

    Oct

    Tue

    27

    Oct

    Wed

    28

    Oct

    Thu

    29

    Oct

    Fri

    30

    Oct

    Sat

    31

    Oct

    By clicking “Get pre-qualified” and/or 'Submit' you are expressly consenting, in writing, to receive telemarketing and other messages, including artificial or prerecorded voices, via automated calls or texts from jumprealty.ca and up.mortgages at the number you provided above. This consent is not required to purchase any good or service. Message and data rates may apply, frequency varies. Text HELP for help or STOP to cancel. More details in Terms of Use and Privacy Policy.

    Listing Brokerage: SLEEPWELL REALTY GROUP LTD

    * 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.

    Hospital
    Parks
    Schools
    Place of Worship
    Please select an amenity above to view a list.

    Recommended Properties

    134 Broadway Avenue
    Glebe - Ottawa East And Are…
    4 Beds | 4 Baths
    $1,850,000
    22 Ralph Street
    Glebe - Ottawa East And Are…
    5 Beds | 4 Baths
    $1,625,000
    26 Melgund Avenue
    Glebe - Ottawa East And Are…
    3 Beds | 4 Baths
    $1,800,000
    318 Clemow Avenue
    Glebe - Ottawa East And Are…
    3 Beds | 3 Baths
    $1,889,000
    171 Powell Avenue
    Glebe - Ottawa East And Are…
    5 Beds | 4 Baths
    $1,799,999
    229 Glebe Avenue
    Glebe - Ottawa East And Are…
    4 Beds | 2 Baths
    $1,799,000
    309 Deschatelets Avenue
    Glebe - Ottawa East And Are…
    3 Beds | 4 Baths
    $1,726,265
    41 Second Avenue
    Glebe - Ottawa East And Are…
    3 Beds | 5 Baths
    $2,099,000
    Loading...
    54 Centennial Boulevard
    Glebe - Ottawa East and Area , Ontario
    $1,850,000
    Get more info