117 Percy Street, Ottawa, photo 1 1 / 24

$699,900

117 Percy Street

Ottawa Centre, Ottawa, ON K1R6C6 · MLS® X14140998

  • 3Bedrooms
  • 2Bathrooms
  • 4Parking

About this property

Exceptional investment opportunity in the heart of downtown Ottawa, just steps from Somerset Street and within walking distance of shops, restaurants, transit, and everyday amenities. This unique property features two houses on one lot, offering two fully self-contained units, each with separate entrances and two levels of living space.The larger unit features 2 bedrooms, 1 bathroom, an updated kitchen, vaulted ceilings, and a spacious, functional layout. The second unit offers 1 bedroom, 1 bathroom, vaulted ceilings, and its own comfortable living space. Both units enjoy access to two shared decks, offering excellent outdoor living space with the potential to designate separate areas for each unit. Ample parking adds further convenience in this sought-after central location.An ideal opportunity for investors looking to generate rental income or for owner-occupants seeking to offset their mortgage by living in one unit while renting out the other. Enjoy the flexibility of having a property that works for you, whether you're building your investment portfolio, looking for additional income, or seeking a versatile downtown residence. A rare opportunity to own a unique multi-unit property in the heart of Ottawa! (id:65933)

Type
Duplex
Category
Multi-family
Annual taxes
$6,144
Updated
Nov 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 Remax Boardwalk 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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