Salehian.com 647-325-5000

174 Arthur Street

4205 - West Centre Town, West Centre Town, K1R 7C4

$649,900

Reduced $25,000 from $674,900

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  • 4 bedrooms
  • 3 bathrooms
  • 1 parking
  • 1100-1500 sq ft

Listed 111 days ago · MLS® X13508542

About this home

INVESTMENT OPPORTUNITY for under $675,000! Three Storey semi detached TRIPLEX in the heart of Chinatown. Zoned R4H and Ideally located with a school directly across the street and just minutes to Downtown, Little Italy, public transit, shopping, restaurants, parks, and all amenities. This centrally located income property offers an excellent opportunity for investors looking to expand their portfolio or those seeking a property with strong rental potential. Situated on an 18.18' x 71.19' lot, the property includes one front parking space and a spacious backyard for tenants to enjoy. Offering an attractive CAP RATE of 6.12% and Gross Annual rental income of $51,924 this is a turnkey investment with immediate cash flow. Rented on an All Inclusive basis. Unit 1: currently Vacant and a great option for an Owner Occupied unit, it's a two bedroom, one bathroom unit on the main floor with access to the finished basement, providing additional living space and a dedicated laundry area. The kitchen and several interior finishes were updated in 2022, along with newer floors in 2026. Unit 2: One bedroom, one bathroom apartment on the second floor with its own washing machine. Unit 3 is a one bedroom, one bathroom unit that provides additional rental income. The property is heated by natural gas forced air and serviced by one hydro meter. All appliances are included! Located in one of Ottawa's most desirable rental areas with consistent tenant demand, this property offers excellent long term investment potential and the opportunity to generate reliable income from day one. A fantastic opportunity to own an affordable multi unit property in a prime central location. Book your private showing today! 24 hour irrevocable required on all offers.

Details

Type
Triplex
Style
3-Storey
Size
1100-1500 sq ft
Lot
18.18 × 71.19 ft
Basement
Full, Finished
Garage
None
Kitchens
0
Property tax
$5,157 (2026)
Neighbourhood
4205 - West Centre Town
Municipality
West Centre Town

Interior

Bedrooms
4 above ground
Bathrooms
1 × 4-piece (main), 1 × 4-piece (second), 1 × 4-piece (third)
Family room or den
Yes
Fireplace
No
Features
Water Heater Owned

Heating, cooling and services

Heating
Forced Air, Gas
Water and sewer
Sewer

Building and exterior

Style
3-Storey
Exterior
Brick
Roof
Asphalt Shingle
Foundation
Concrete
Faces
West

Parking

Total parking
1

Lot

Size
18.18 × 71.19 ft

More

Possession
TBD
Nearby
Public Transit, Park
Cross street
Heading West on Gladstone Ave, Turn Right on Arthur St, Property is on the Left

History of this address

4 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 Pimisi LRT12 min walk
  • 🚇 Corso Italia LRT12 min walk

Within a 10-minute walk: 4 grocery stores, 124 cafés and restaurants, 12 parks, 9 pharmacies. Nearest grocery: Kowloon Supermarket (250 m). Nearest park: McNabb Park (300 m).

Schools nearby

Elementary

  • Cambridge St Community Public School
    EQAO: Gr 6 reading 77%, math 23%    2 min walk
  • St. Anthony School Catholic
    EQAO: Gr 6 reading 70%    4 min walk
  • Centennial Public School
    EQAO: Gr 6 reading 79%, math 32%    11 min walk

Secondary

  • First Place Alternate Program5 min walk
  • Richard Pfaff Secondary Alternate Program5 min walk
  • Reality Check5 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area K1R

Owners / renters
31% / 69%
Median household income
$74,000
Average age
40
Children under 15
8%
Homes
6% detached, 49% high-rise
Commute by transit
18%
Population
20,343

Languages spoken most at home besides English: Yue (Cantonese) 1.6%, Vietnamese 1.4%, Mandarin 1.2%, Arabic 1%.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario).

Living here

Commute

To downtown Ottawa: 2 km. Transit times · Driving times

Noise 1 source nearby

  • 🛣️ Highway 417500 m

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence (whole home or part of it), with a City host permit. Rural cottage rentals have a separate permit.

City rules

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by RE/MAX HALLMARK REALTY GROUP.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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