342 Frank Street

4103 - Ottawa Centre, Ottawa Centre, K2P 0Y1

$2,395,000

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Listed 105 days ago · MLS® X13527146

About this home

Rarely available 6-unit with accessory 7th unit investment property in prime Centretown location. 200K Gross income. Fully rented. Six 3-bedroom units + one 2-bedroom unit . 3 Storey brick building. Large, well-maintained units. Easy walking to Bank street, Elgin and Parliament hill. New boiler 2025.

Details

Type
Investment
Age
100+ years
Lot
59.66 × 66 ft
Garage
None
Property tax
$21,051 (2026)
Neighbourhood
4103 - Ottawa Centre
Municipality
Ottawa Centre

Heating, cooling and services

Heating
Gas Forced Air Closed
Utilities
Available

Building and exterior

Age
100+
Building area
9,000 Square Feet

More

Possession
Flexible
Cross street
O'Connor
Business type
Apts - 6 To 12 Units

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

  • 🚇 Parliament LRT16 min walk
  • 🚇 uOttawa LRT17 min walk

Within a 10-minute walk: 7 grocery stores, 158 cafés and restaurants, 16 parks, 13 pharmacies. Nearest grocery: Herb & Spice (250 m). Nearest park: Jack Purcell Park (300 m).

Schools nearby

Elementary

  • Elgin Street Public School
    EQAO: Gr 6 reading 96%, math 84%
    5 min walk
  • First Avenue Public School
    EQAO: Gr 6 reading 93%, math 67%
    14 min walk
  • Nouvelle école élémentaire catholique au coeur d'Ottawa French
    EQAO: Gr 6 reading 100%, math 100%
    15 min walk
  • Centennial Public School
    EQAO: Gr 6 reading 79%, math 32%
    16 min walk

Secondary

  • Glashan Public School7 min walk
  • St. Patrick's Adult School Catholic12 min walk
  • Lisgar Collegiate Institute
    EQAO: Gr 9 math 73%, literacy test 91%
    14 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 K2P

Owners / renters
19% / 81%
Median household income
$66,500
Average age
40
Children under 15
5%
Homes
2% detached, 71% high-rise
Commute by transit
15%
Population
18,825

Languages spoken most at home besides English: Mandarin 1.2%, Spanish 1%, Arabic 0.9%, Yue (Cantonese) 0.4%.

Safety

Crime Severity Index for Ottawa police: 52 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

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

Living here

Commute

To downtown Ottawa: 1 km. Transit times · Driving times

Noise 1 source nearby

  • 🛣️ Highway 417400 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.

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

Listed by ROYAL LEPAGE PERFORMANCE REALTY.

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

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