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$1,399,900
50 Holland Avenue
Ottawa West, Ottawa, ON K1Y0X4 · MLS® X13868724
- 3Bedrooms
- 5Bathrooms
- 4Parking
About this property
RARELY AVAILABLE TUNNEY'S PASTURE FOURPLEX. Offered for the first time in approximately 40 years, 50 Holland Avenue presents a compelling investment in the heart of Wellington Village. This two-storey property features four fully furnished residential units, including a 2-bedroom, 1-bedroom and two bachelor-style units, along with four parking spaces, separately metered hydro and shared coin-operated laundry.Two of the four units are currently vacant, giving investors the flexibility to occupy a unit or lease both at current market rents.Adding to its investment potential, a lower-level storage area previously had a kitchen and already features its own bathroom, offering potential for conversion into a fifth bachelor unit, subject to approvals and permits. Recent capital improvements include a new roof and rear decks in 2023, plus an owned tankless hot water system and exterior paint completed in 2025.Location is a major draw, with Tunney's Pasture Station only a 3-minute walk away and Wellington Street West, Hintonburg, restaurants, cafés, shops, parks and everyday amenities all nearby. With multiple rental income streams, value-add potential and excellent access to transit and downtown, 50 Holland Avenue offers investors a rare chance to secure a multi-residential property in one of Ottawa's most connected urban neighbourhoods. Book your private showing today. (id:65933)
- Type
- Fourplex
- Category
- Multi-family
- Annual taxes
- $6,767
- Updated
- Oct 6, 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 Exp Realty.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.