Centretown Homes For Sale

Ottawa, Ontario

Development Opportunity. High Density Mixed Use. Zoned R5B[1717] S250 F(3.6). Approx 37,512 sq ft (MPAC) Property being sold in as is where is condition. (id:50982)

Ottawa, Ontario

Spacious and upgraded 2 bedroom, 1.5 bathroom condo in the heart of West Centretown. Unit 203 at 40 Arthur Street offers a rare amount of space for downtown living, featuring refinished parquet hardwood floors (2024), generous room sizes, and excellent storage including large closets at the entrance and in both bedrooms. The expansive living and dining area is filled with natural light and provides flexible space for entertaining, dining, and working from home. Just off the living area is a separate den surrounded by windows, finished with Italian ceramic tile flooring and enclosed with a custom sliding glass door, creating a bright home office or studio space. The U-shaped kitchen offers custom cabinetry with integrated pantry storage, Miele appliances, a Liebherr built-in refrigerator, Grohe faucet, and distinctive Italian ceramic tile flooring. A convenient pass-through opening connects the kitchen to the living space, making the layout functional and open for everyday living. Both bedrooms are well-sized with large closets uncommon in many downtown condos. The primary bedroom features a custom designer wallpaper feature wall. The main bathroom includes Porcelanosa tile flooring, updated cabinetry, and a relaxing bubble massage air bath with marble-style surround, while a separate powder room adds convenience for guests. Approximately $75,000 in upgrades enhance the home with quality European fixtures and finishes throughout. 40 Arthur is a well-established condominium offering amenities including exercise room, sauna, library, and shared outdoor spaces. Located steps from Somerset Street restaurants, Chinatown, Little Italy, cafés, parks, transit, and downtown offices, this highly walkable neighbourhood provides easy access to everything central Ottawa has to offer. A rare opportunity to own a spacious, character-filled condo in one of Ottawa’s most vibrant central neighbourhoods. (id:50982)

Ottawa, Ontario

This four-storey mixed-use building offers a rare opportunity to own your place of business in one of Ottawa’s most walkable neighbourhoods. With up to two full floors of recently updated vacant office space, and two floors leased to national and local tenants, this asset combines stability and flexibility for owner-users or strategic investors. PROPERTY HIGHLIGHTS: 28,996 SF across 4 storeys with elevator access, Occupy 7,000SF to 14,500 SF potential vacancy across 3rd & 4th floors, Income-Producing Ground and Second Floors with Tim Hortons, Henry’s Photo & others, 30 Surface Parking Spaces – extremely rare in Ottawa’s core, Recent Upgrades: Elevator (2020), windows (2012), HVAC, and finishes, Easy access to Bank Street, the Queensway, and multiple transit lines, Prime Corner-lot exposure at Bank & Cooper with tremendous branding potential, Future-Proof – Zoned TM H(19): Supports residential conversion or mixed-use redevelopment. (id:50982)

Ottawa, Ontario

This classic 1930s duplex presents a great investment opportunity in the heart of Little Italy, prominently located on Preston Street. Surrounded by ongoing development and long-term growth, this property offers exceptional future potential in one of Ottawa’s most vibrant and culturally rich neighbourhoods. With flexible TM zoning, buyers have multiple options to maximize value-whether maintaining and updating the existing duplex or exploring redevelopment possibilities such as a mixed-use commercial space with residential units above.The property features two self-contained units, each with its own hydro meter, and flexible access options allowing entry from the front for both units or a separate rear entrance for the lower unit. Its unbeatable location places you within walking distance of restaurants, cafés, shops, Dows Lake, and Lebreton Flats, with convenient access to the LRT and downtown Ottawa-making it easy to live local and attract strong tenant demand.Owned by the same family for over 40 years, this is a well-established property in a rapidly appreciating area. With steady rental income potential today and significant redevelopment upside for the future, this is a compelling opportunity for investors seeking long-term growth in a prime urban location. Flexible closing available. Book your showing today and explore the possibilities. (id:50982)

Ottawa, Ontario

7.5% cap rate. ICONIC building located on a CORNER lot with an existing commercial tenant (restaurant) that’s been operating since 1995 in the ground floor unit. This can be a turn-key investment or for self-use owner-occupied as well. 3 apartments on the upper floor. Each unit is approximately 600-700 sq ft. 6 parking spots on site. Restaurant seats 100 with 25 patio seating as well. Liquor licensed. The restaurant premise is approximately 2000 sq ft. Functional lower level and being used as part of the restaurant for preparation, fridges, freezers, and storage. 2nd floor with 3 two-bedroom apartments, kitchen, living/dining area, full bathroom. Each apartment pays their own hydro. Well-maintained building and turnkey investment. Roof replaced in 2023. Viewings are by appointment only through the listing agent. Please respect the restaurant business that’s in operation. DO NOT APPROACH STAFF WITH QUESTIONS RELATED TO THE SALE. They will NOT answer. (id:50982)

Ottawa, Ontario

7.5% cap rate. ICONIC building located on a CORNER lot with existing commercial tenant (restaurant) that’s been operating since 1995 in the ground floor unit. This can be a turnkey investment or for self-use owner-occupied as well. 3 apartments on the upper floor. Each unit is approximately 600-700 sq ft. 6 Parking spots on site. The restaurant seats 100 with 25 patio seats as well. Liquor licensed. The restaurant premise is approximately 2000 sq ft. Functional lower level being used as part of the restaurant for preparation, fridges, freezers, and storage. 2nd floor with 3 two-bedroom apartments, kitchen, living/dining area, and full bathroom. Each apartment pays their own hydro. Well-maintained building and turnkey investment. Roof replaced in 2023. Viewings are by appointment only through the listing agent. Please respect the restaurant business that’s in operation. DO NOT APPROACH STAFF WITH QUESTIONS RELATED TO THE SALE. They will NOT answer. (id:50982)

Ottawa, Ontario

7.5% cap rate. ICONIC building located on a CORNER lot with an existing commercial tenant (restaurant) that’s been operating since 1995 in the ground floor unit. This can be a turnkey investment or for self-use owner-occupied as well. 3 apartments on the upper floor. Each unit is approximately 600-700 sq ft. 6 parking spots on site. The restaurant seats 100 with 25 patio seats as well. Liquor licensed. The restaurant premise is approximately 2000 sq ft. Functional lower level being used as part of the restaurant for preparation, fridges, freezers, and storage. 2nd floor with 3 two-bedroom apartments, kitchen, living/dining area, and full bathroom. Each apartment pays their own hydro. Well-maintained building and turnkey investment. Roof replaced in 2023. Viewings are by appointment only through the listing agent. Please respect the restaurant business that’s in operation. DO NOT APPROACH STAFF WITH QUESTIONS RELATED TO THE SALE. They will NOT answer. (id:50982)

Ottawa, Ontario

Welcome Home to SoHo Champagne! This well-maintained 1 bedroom unit on the 19th floor with heated parking spot and storage locker located in the heart of Little Italy! Luxurious upgrades throughout! Floor-to-ceiling (9ft) and wall-to-wall windows with custom up/down blinds to let in natural light while providing privacy. Premium hardwood floors throughout, beautifully upgraded gourmet kitchen with high-end European stainless appliances and granite countertops. Gorgeous bathroom with glass shower doors and rain shower head! The open-concept (620sf plus 78sf) Balcony layout flows out onto the spacious private balcony offering breath-taking southeast views; take in the serenity of Dow’s Lake or look north towards downtown and the Gatineau hills (catch the fireworks in August). Enjoy the 5-star hotel style amenities with over 15,000 sqft of luxury space including full-service concierge and 24-hour security, pool, party room, private theatre, fitness room, rooftop terrace with BBQs and hot tub! Walking distance to Dow’s Lake, Tulip Festival, Rideau Canal bike path to Parliament Hill, CIVIC Hospital park and ride, restaurants and recreational trails. Steps from the O-Train station to downtown, Carleton University and South Keys Mall. Condo fees include heat and water. Don’t miss out! (id:50982)

Ottawa, Ontario

Turnkey newly built fourplex offering bright, spacious studio-style units with premium finishes throughout. Each unit features hardwood floors, quartz countertops, stainless steel appliances, in-suite laundry, plus independently metered utilities and separate furnaces with central A/C. Shared beautiful backyard. Tenants pay all utilities. Excellent location close to LeBreton Flats LRT, Dow’s Lake, and Little Italy. Strong rents, solid tenants, and low-maintenance construction make this an outstanding investment opportunity. (id:50982)

Ottawa, Ontario

Welcome to Little Italy, an iconic neighborhood in the heart of the city, where a sleek and modern 4plex awaits you. This newly constructed legal 4plex exudes sophistication and style, with each unit featuring spacious layouts, high-end finishes, and an abundance of natural light. The property is fully rented with great tenants, ensuring a steady stream of rental income for the savvy investor. Little Italy is a prime location known for its lively atmosphere and vibrant community, making it an ideal spot for real estate investment. With low maintenance costs and high demand, this 4plex presents a lucrative opportunity for those looking to capitalize on the dynamic real estate market in Little Italy. Gross Rent $82,200 projected 2026. Explosive Air BNB potential. Close to O-Train, Lebreton Flats, Dow’s Lake, many specialty shops , restaurants and vibrant festivals. 24hrs notice for showings & 24hrs irrevocable on all offers, as per form 244. (id:50982)

Ottawa, Ontario

Welcome to 455/457 Somerset Street West a rare opportunity to acquire a turnkey 6-unit building in one of Ottawa’s most vibrant and in-demand rental locations. This well-maintained property generates a strong NOI of $125,496.90, with a 5.60% cap rate, and bonus immediate upside: 1 purposely positioned vacant unit is ready for renovation, allowing the next owner to quickly increase rental income and unlock further value. Each of the six units offers a spacious, thoughtfully designed layout that promotes long-term tenant satisfaction. With a tenant profile geared toward young professionals and transient renters, there is considerable potential to elevate rents to market levels with minimal capital investment. Situated in the heart of Centretown, steps to shops, restaurants, universities, and transit, this asset benefits from both premium location and consistent rental demand. Investors will appreciate the mix of stability and opportunity ideal for portfolio growth or as a high-performing entry into Ottawa’s multi-residential market. Feature sheet available which breaks down all unit sizes and lease information. Vacant unit rent assumed in listed NOI. (id:50982)