$2,100,000

141 Primrose Avenue

West Centre Town, Ottawa, ON K1R6M4 · MLS® X13770584

  • 12Bedrooms
  • 9Bathrooms
  • 2Parking

About this property

Opportunity awaits! CAP RATE 7.55%. Perfect for visionary investors or ambitious home buyers seeking a revitalization project in the vibrant Lebreton Flats. Three refreshed century townhomes with original charm in a quiet neighbourhood are part of this exceptional real estate opportunity. Built in 1905, each home boasts 4 spacious bedrooms two equipped with 3 full bathrooms and one with 2.5 bathrooms along with partially finished basements. Separate utilities - forced air heating, on-demand tankless hot water, and air conditioning. Set on a generous lot of 56 x 84 feet and just steps away from the exciting new Sens arena development, LRT, and so much more. Severance potential adds further value and flexibility for future development. Don't miss out on this remarkable opportunity to make your mark in a thriving community! (id:65933)

Type
Other
Category
Multi-family
Annual taxes
$10,435
Updated
Sep 11, 2026

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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 Absolute Walker Realty.

Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.

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