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Home ON Ottawa - Gatineau Ottawa Centretown
222 ARGYLE AVENUE
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222 ARGYLE AVENUE $1,599,000
$1,599,000
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222 ARGYLE AVENUE
Ottawa, Ontario K2P1B9

MLS® Number: X12577064
3 + 2
Bedrooms
5
Bathrooms
2500 - 3000
Square Feet

Listing Description

Welcome to this exceptional investment opportunity in the heart of Ottawa Centre! This multi-unit income property features 4 + 1 units. One studio, three 1-bedroom apartments and one 2-bedroom apartment. The gross yearly income is $115,764 with a net income of $92,954 for 2024. Perfect for investors seeking strong rental income and long-term growth potential in a highly desirable location with a 98% walk-score and a 100% bike score, with a bus stop less than a 2-minute walk away. It is close to all amenities, transit and downtown conveniences. (41714331)

Location Description

Cross Streets: Bank St & Argyle Ave. ** Directions: From Bank Street turn onto Argyle Avenue.

Property Summary

Property Type
Multi-family
Building Type
Other
Storeys
3
Square Footage
2500 - 3000 sqft
Community Name
4103 - Ottawa Centre
Land Size
25.2 x 99.9 FT
Annual Property Taxes
$8,435
Parking Type
No Garage
Time on REALTOR.ca
19 days

Building

Bedrooms
Above Grade
3
Below Grade
2
Bathrooms
Total
5
Interior Features
Appliances Included
Dishwasher, Dryer, Stove, Washer, Refrigerator
Basement Type
Finished
Building Features
Foundation Type
Stone
Rental Equipment
Water Heater
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Stucco
Parking
Parking Type
No Garage
Total Parking Spaces
1

Measurements

Square Footage
2500 - 3000 sqft

Rooms

MetricImperial
Main level
Living room
Kitchen
Bedroom
Bathroom
Bedroom
Kitchen
Bathroom
Second level
Bedroom
Bathroom
Living room
Kitchen
Dining room
Third level
Living room
Kitchen
Bedroom
Bathroom
Lower level
Living room
Kitchen
Bedroom
Bedroom
Bathroom

Land

Lot Features
Frontage
25 ft ,2 in
Land Depth
99 ft ,10 in
Other Property Information
Zoning Description
R5B[854] H(19)
Data provided by: Ottawa Real Estate Board
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