Multi-unit
$1,175,000
315-317 Booth Street
West Centre Town, Ottawa
- 8 bd
- 4 ba
- Fourplex
1 / 24
$799,000
West Centre Town, Ottawa, ON K1R7G4 · MLS® X13631628
This exceptional duplex property features three distinct units, offering a fantastic opportunity for investors or owner-occupants. You can live in the largest unit and rent the other two as the spacious 2-bedroom end unit at 27 Perkins is vacant as of Nov 1. This unit also features central A/C and a dedicated front parking spot. The middle building at 25 Perkins includes two 1-bedroom units, both currently tenanted with occupants who wish to stay. All 3 units generate over $46,000 in net annual income. The property is situated on a quiet dead-end street next to Lebreton Flats, the site of the annual Bluesfest and the future home of the Ottawa Senators stadium. It offers incredible accessibility, located just a 6-minute walk from the Pimisi LRT station, minutes from the Gatineau bridge, and just over 2km from both the University of Ottawa and Elgin Street, with Little Italy and Chinatown nearby. A detailed PDF of expenses, income, and the Lebreton Flats Master Concept Plan is available upon request. (id:65933)
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Estimate only, not financial advice. Rent is reduced by vacancy, then management is taken on the rent collected; net operating income = that, less property tax and other costs; cap rate = net operating income ÷ price; cash flow also subtracts the mortgage (semi-annual compounding, as Canadian mortgages use). Vacancy default: CMHC Rental Market Report, Ottawa, October 2025.
Listed by Re/Max Delta Realty Team.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.