315-317 Booth Street, Ottawa, photo 1 1 / 24

$1,175,000

315-317 Booth Street

West Centre Town, Ottawa, ON K1R7K1 · MLS® X14139720

  • 8Bedrooms
  • 4Bathrooms
  • 6Parking

About this property

An exceptional investment opportunity in Ottawa's vibrant West Centretown, ideally situated near Little Italy and Chinatown. 315-317 Booth Street is a well-maintained four-unit property offering spacious accommodations, ample parking, on-site storage, and an enviable central location. Comprising four units with a total of four kitchens and eight bedrooms, the property offers versatile living arrangements and strong tenant appeal. Each residence has been thoughtfully maintained, featuring new flooring, updated bathrooms, and functional layouts. Nine-foot ceilings on both the main and second floors enhance the sense of space and openness, complemented by excellent flow throughout. The property features two two-bedroom apartments and two additional two-bedroom units, each offering eat-in areas and kitchens. Established tenancies provide an existing income stream, while two detached single-car garages and additional surface parking for six vehicles add exceptional convenience. A dry basement and evident pride of ownership further enhance this attractive offering. Residents enjoy easy access to Preston Street's renowned restaurants, cafés, and specialty shops, as well as the dining and everyday conveniences of Somerset Street. Nearby amenities include Plant Recreation Centre, Pimisi LRT station, LeBreton Flats, downtown Ottawa, Dow's Lake, the Rideau Canal, and Ottawa River pathways, with convenient access to Highway 417. Combining functional layouts, impressive ceiling heights, substantial parking, and General Mixed Use zoning, this property presents an outstanding opportunity to acquire an established income property in a dynamic, amenity-rich neighbourhood. Please allow 48 hours irrevocable on all offers. Some photos have been virtually staged. (id:65933)

Type
Other
Category
Multi-family
Annual taxes
$9,007
Updated
Nov 2, 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 Coldwell Banker First Ottawa 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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