270 Arlington Avenue

Situated at 270 Arlington Avenue, Ottawa, this exceptional Multi-Family Home for sale in Ottawa presents a remarkable opportunity for both investors and owner-occupiers alike. Nestled in the vibrant heart of Centretown, this well-maintained multiplex boasts a striking three-storey brick exterior, exemplifying the charm and character that Ottawa is renowned for. With a total of 15 rooms, including five bedrooms and a den, this property is designed to cater to a variety of living arrangements and investment strategies.

The main unit, which is owner-occupied, features two spacious bedrooms and a den, providing ample space for comfortable living. This unit also grants access to a large private deck, perfect for outdoor relaxation or entertaining guests. With potential rental income estimated at approximately £2,400 per month, this main unit is an attractive proposition for those seeking a live-in investment opportunity. The remaining units within this Multi-Family Home for sale in Ottawa further enhance its appeal. The second-floor apartment, comprising two bedrooms, is currently rented at £2,280 per month, while the third-floor unit offers a generous one-bedroom layout, yielding a rental income of £1,880 per month. Additionally, a recently renovated one-bedroom basement apartment is currently rented at £1,640 per month. Each unit is equipped with its own in-unit laundry, adding to the convenience for tenants.

One of the standout features of this property is the availability of six on-site parking spaces, a rare find in such a central location. While there is a detached garage currently utilised as a workshop, this space presents further opportunities for future rental income or the potential for conversion back into a garage, subject to the necessary approvals and buyer due diligence. This flexibility makes the Multi-Family Home for sale in Ottawa an even more enticing prospect.

The property is situated on a generous lot measuring 50 x 99 feet, providing ample outdoor space. Although there is no pool or fireplace, the finished basement apartment adds valuable living space and enhances the overall functionality of the home. The absence of air conditioning and a central vacuum system is noteworthy; however, the radiant heating ensures a comfortable environment during the colder months. Furthermore, the property is connected to municipal water and sewer services, ensuring a reliable supply for all residents.

Located at 270 Arlington Avenue, Ottawa, this Multi-Family Home for sale in Ottawa is ideally positioned close to public transit, shops, restaurants, and a myriad of downtown amenities. The vibrant community surrounding this property offers a rich tapestry of cultural experiences and conveniences, making it an attractive location for potential tenants and owner-occupiers alike.

For those seeking a property that combines strong in-place income with owner-occupier flexibility, this multiplex stands out as a compelling option. The diverse range of units available, coupled with the strategic location, provides an excellent opportunity for investors looking to establish themselves in one of Ottawa's most sought-after neighbourhoods.

In summary, 270 Arlington Avenue, Ottawa, is not just a property; it is a gateway to a thriving community and a sound investment. With its unique features and prime location, this Multi-Family Home for sale in Ottawa is poised to attract interest from a variety of buyers. Whether you are an investor looking to expand your portfolio or a buyer seeking a home with rental income potential, this property warrants your attention. Don't miss the chance to explore the possibilities that await at this remarkable address.

Ottawa Centre, designated as postal code 4103, is a vibrant and diverse geographic area located in the heart of Canada’s capital, Ottawa. This community boasts a rich tapestry of cultural influences, reflected in its eclectic mix of historic architecture and modern developments. Residents enjoy easy access to an array of amenities, including charming cafés, boutique shops, and lush parks, all within a short stroll or bike ride. The area is well-served by public transport, making it convenient for commuting to work or exploring the city's many attractions, such as the Parliament Buildings and the National Gallery of Canada. With its lively atmosphere and strong sense of community, Ottawa Centre offers an inviting environment for those seeking a dynamic urban lifestyle.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an excellent choice for families. The closest school is R.H. Murray Public School, just 0.5 km away, offering grades K to 8 under the Rainbow District School Board. In Ottawa, you will find a variety of schools within a short distance. Glebe Collegiate Institute, a secondary school rated 7.7, is only 0.6 km away, while Mutchmor Public School, an elementary school with a strong rating of 8.4, is 1.0 km from the property. Hopewell Avenue Public School, also an elementary institution, offers grades JK to 8 and boasts an impressive rating of 9, located 1.9 km away. Additionally, St. Anthony School, a Catholic elementary school, is 0.6 km away with a rating of 7.5. For secondary education, Immaculata High School is situated 1.7 km from the property and offers grades 7 to 12, with a rating of 5.8. This diverse selection of schools provides excellent options for various educational needs, ensuring that families can find the right fit for their children within close proximity.