$ 899,000
-
$899,000
Price -
8
Bed -
4
Bath -
2,000
SqFt
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About the Listing 487800 -
An exceptional investment opportunity in the heart of Centretown, 176 Arlington Avenue is a spacious duplex with two well-appointed units, each with their own individual laundry, ideally situated two blocks from Bank St. Unit A is a 2 + 1 bed apartment built over the main and lower levels, featuring a private entrance, character-rich finishes, and an efficient layout. The living area boasts a large picture window, and the eat-in kitchen includes extended cabinetry, plenty of counter space, and a full stainless steel sink. 2 bright bedrooms, one with private exterior access, offer flexibility for families, home offices, or additional living spaces. A full bathroom on the main level and a basement with laundry, a powder room, and storage complete this inviting and functional unit. Unit B, spanning the second and 3rd levels offers a unique and thoughtfully separated layout. The first level of the unit includes 3 bedrooms, one with a built-in desk nook and another with direct access to a front-facing balcony. The living space with wide-plank vinyl flooring is found just off the modern kitchen with wood cabinetry, a hex tile backsplash, and ample prep space. Before heading up to the top level, you'll pass a stylish 3-piece bath with a walk-in shower. On the top floor of the property, 2 more cozy bedrooms feature sloped ceilings, parquet-style flooring, and generous closet space, while a second 4-piece bath provides added convenience. The property sits on a deep lot with mature greenery, and each unit benefits from private entrances and defined spaces - ideal for multi-tenant configurations or live-in owners seeking supplemental income. Steps to transit, cafes, parks, and the upcoming redevelopment of the old Greyhound station. This is an investment in an area with intense densification planned, poised for long-term growth in one of Ottawa's most dynamic neighbourhoods. Total monthly rental income: $4,750 & NOI of $3,462.83/mo (utilities & taxes). HUGE UPSIDE IN RENTS!
Listing Highlights for 176 Arlington Ave
Status
Active
Days on Site
97
Property Type
Multi-Family
MLS ®
X12199278
Year Built
Total Square Footage
2,000
Lot/Acreage
2277
Interior Details
- Bedrooms: 8
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Finished,Full
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof: Asphalt Shingle
- Others:
- Sewer: Sewer
- Parking Features: Lane
Financial Details
- Tax Amount: $7,946
- Taxes w/Assessments: N/A
- Tax/Property ID: 041220428
- Tax Year: 2024
Payment Calculator
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Listing Location
Questions About..
176 Arlington Ave Ottawa Centre, ON K1R 5S7
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