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! (id:53622)
| MLS® Number | X12199278 |
| Property Type | Multi-family |
| Neigbourhood | Centretown |
| Community Name | 4103 - Ottawa Centre |
| Amenities Near By | Park, Public Transit, Schools |
| Community Features | Community Centre, School Bus |
| Features | Lane |
| Parking Space Total | 4 |
| Bathroom Total | 4 |
| Bedrooms Above Ground | 7 |
| Bedrooms Below Ground | 1 |
| Bedrooms Total | 8 |
| Appliances | Dishwasher, Dryer, Microwave, Storage Shed, Two Stoves, Two Washers, Refrigerator |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Exterior Finish | Brick |
| Foundation Type | Stone |
| Half Bath Total | 1 |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Size Interior | 2,000 - 2,500 Ft2 |
| Type | Duplex |
| Utility Water | Municipal Water |
| Garage |
| Acreage | No |
| Land Amenities | Park, Public Transit, Schools |
| Sewer | Sanitary Sewer |
| Size Depth | 66 Ft |
| Size Frontage | 34 Ft ,6 In |
| Size Irregular | 34.5 X 66 Ft |
| Size Total Text | 34.5 X 66 Ft |
https://www.realtor.ca/real-estate/28422592/176-arlington-avenue-ottawa-4103-ottawa-centre
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Real Estate Data supplied by CREA®’s MLS® System. CREA® is the owner of the copyright in its MLS® System. Data deemed reliable but not guaranteed accurate by CREA®. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
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