Salehian.com 647-325-5000

45 Bell Street N

4205 - West Centre Town, West Centre Town, K1R 7C5

$679,990

Reduced $39,910 from $719,900

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  • 4 bedrooms
  • 2 bathrooms
  • 3 parking
  • 2000-2500 sq ft

Listed 92 days ago · MLS® X13583114

About this home

Exceptional investment opportunity in the heart of Centretown! This well-maintained and recently renovated LEGAL duplex offers the perfect combination of strong cash flow, owner-occupancy flexibility, and long-term value in one of Ottawa's most desirable urban neighbourhoods. Featuring two spacious 2-bedroom units, each with its own private entrance, separate hydro meter, and in-unit laundry, this turnkey property is ideal for investors and homeowners alike. Numerous updates include renovated kitchens and bathrooms, updated plumbing and electrical, fire escapes brought up to code, fresh paint throughout, updated flooring, fencing improvements, and countless other upgrades that contribute to the property's excellent condition and tenant appeal. A rare bonus for Centretown, the property includes 3 parking spaces, a highly sought-after feature for both tenants and owners. Investors will appreciate the potential for a return exceeding 7.0%, while owner-occupants can live in one unit and rent the other to significantly offset mortgage costs. Landlord pays heat and water, while tenants pay their own hydro through separate meters. Ideally located steps from Bank Street, Chinatown, Little Italy, public transit, parks, cafés, restaurants, shopping, entertainment, government offices, and some of Ottawa's most vibrant urban amenities. Residents enjoy easy access to Dow's Lake, the Rideau Canal, LeBreton Flats, Carleton University, the University of Ottawa, and downtown employment hubs. With strong rental demand, exceptional walkability, and major updates already completed, this is a rare opportunity to acquire a quality income property in one of Ottawa's most established and sought-after neighbourhoods.

Details

Type
Duplex
Style
2-Storey
Size
2000-2500 sq ft
Lot
33 × 75 ft
Basement
Unfinished, Partial Basement, Exposed Rock
Garage
None
Kitchens
2
Property tax
$5,142 (2025)
Neighbourhood
4205 - West Centre Town
Municipality
West Centre Town

Interior

Bedrooms
4 above ground
Bathrooms
1 × 3-piece (ground), 1 × 3-piece (second)
Rooms
13 above ground
Family room or den
No
Fireplace
No
Features
Separate Heating Controls

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air
Water and sewer
Sewer

Building and exterior

Style
2-Storey
Exterior
Vinyl Siding
Roof
Flat
Foundation
Stone
Faces
East

Parking

Total parking
3
Driveway and parking
Lane

Lot

Size
33 × 75 ft

More

Possession
Flexible
Cross street
Eccles St and Bell Street N

History of this address

2 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 LRT11 min walk
  • 🚇 Corso Italia LRT13 min walk

Within a 10-minute walk: 4 grocery stores, 119 cafés and restaurants, 14 parks, 10 pharmacies. Nearest grocery: Kowloon Supermarket (150 m). Nearest park: McNabb Park (350 m).

Schools nearby

Elementary

  • Cambridge St Community Public School
    EQAO: Gr 6 reading 77%, math 23%    3 min walk
  • St. Anthony School Catholic
    EQAO: Gr 6 reading 70%    5 min walk
  • Centennial Public School
    EQAO: Gr 6 reading 79%, math 32%    10 min walk

Secondary

  • Saint-Jean-Baptiste Catholic Secondary Campus Catholic5 min walk
  • First Place Alternate Program6 min walk
  • Richard Pfaff Secondary Alternate Program6 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 Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

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 TRU REALTY.

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

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