More Photos

×

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

    Est payment $8,884/mo
    Get pre-qualified
    Views   4
    Time on Jump  185 day

    AI Summary *

    • Turnkey 6-unit building in a strong rental area ready for investment.
    • Current gross income of $106,540.92 with significant upside potential.
    • Recent capital improvements including new roofing and masonry repairs.
    • Includes 6 parking spaces and potential for future development.
    • Well-maintained exterior and common areas showcasing pride of ownership.




    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 IDX13022406
    Address54 Centennial Boulevard
    CityGlebe - Ottawa East and Area, Ontario
    Price$1,850,000
    Bed / Bath10 / 6 Full
    Style3-Storey, Multiplex
    ConstructionBrick
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features Carpet Free, Separate Hydro MeterOwnership FreeholdBasement ApartmentFoundation ConcreteHeating / Cooling RadiantHeating Fuel GasSewer Sewer

    Parking 7.00
    ASAP

    Sat

    24

    Oct

    Sun

    25

    Oct

    Mon

    26

    Oct

    Tue

    27

    Oct

    Wed

    28

    Oct

    Thu

    29

    Oct

    Fri

    30

    Oct

    Sat

    31

    Oct

    Sun

    1

    Nov

    Mon

    2

    Nov

    Tue

    3

    Nov

    Wed

    4

    Nov

    Thu

    5

    Nov

    Fri

    6

    Nov

    Sat

    7

    Nov

    Sun

    8

    Nov

    Mon

    9

    Nov

    Tue

    10

    Nov

    Wed

    11

    Nov

    Thu

    12

    Nov

    Fri

    13

    Nov

    Sat

    14

    Nov

    Sun

    15

    Nov

    Mon

    16

    Nov

    Tue

    17

    Nov

    Wed

    18

    Nov

    Thu

    19

    Nov

    Fri

    20

    Nov

    Sat

    21

    Nov

    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

    171 Powell Avenue
    Glebe - Ottawa East And Are…
    5 Beds | 4 Baths
    $1,749,900
    204 Clemow Avenue
    Glebe - Ottawa East And Are…
    4 Beds | 3 Baths
    $1,750,000
    26 Melgund Avenue
    Glebe - Ottawa East And Are…
    3 Beds | 4 Baths
    $1,599,000
    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
    318 Clemow Avenue
    Glebe - Ottawa East And Are…
    3 Beds | 3 Baths
    $1,889,000
    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
    Loading...
    54 Centennial Boulevard
    Glebe - Ottawa East and Area , Ontario
    10 6 $1,850,000
    Get more info