$299,000
304 - 138 Somerset Street W
Ottawa Centre/Golden Triangle, Ottawa
- 1 bd
- 1 ba
- Condo apartment
1 / 24
$600,000
Ottawa Centre/Golden Triangle, Ottawa, ON K2P1B3 · MLS® X14031768
Unit 101 at 45 Argyle Ave, a charming ground-floor opportunity tucked just off Elgin Street, steps from the canal, top restaurants, and everyday conveniences. The inviting living room centers around a cozy wood-burning fireplace, perfect for Ottawa winters. The kitchen features stainless steel appliances, a bar-stool eating area, plus a bright breakfast nook tucked into a bay window; a lovely spot for morning coffee. A proper dining area comfortably fits a full-size table, ideal for hosting. The primary bedroom enjoys its own bay window as well, and benefits from an ensuite that is also accessible from the hallway. A 2-piece powder room off the entrance adds extra convenience for guests, rounding out a layout that's as functional as it is comfortable. The ground-level terrace is an easy, private outdoor space, plus enjoy the building's shared rooftop terrace for those wider skyline views. This unit also includes one underground parking space with a storage locker located right behind it, making everyday errands that much easier. A wonderful opportunity for first-time buyers or those looking to downsize without compromise, all in one of Ottawa's most walkable, vibrant neighbourhoods. (id:65933)
A quick investor's view. Change any figure; we'll do the full analysis with you.
Mortgage / mo–
Property tax / mo–
Net operating income / yr–
Cash flow / mo–
Cap rate–
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 Engel & Volkers Ottawa.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.