222 Argyle Avenue Ottawa, Ontario K2P 1B9
$1,899,000
Welcome to this exceptional investment opportunity in the heart of Ottawa Centre! This multi-unit income property features 4 + 1 units-one studio, three 1-bedroom apartments and one 2-bedroom apartment. The building underwent a complete gut job, and the roof was done in 2018. The gross yearly income is $115,764 with a net income of $92,954 for 2024. Perfect for investors seeking strong rental income and long-term growth potential in a highly desirable location with a 98% walk score and a 100% bike score, with a bus stop less than a 2-minute walk away. It is close to all amenities, transit and downtown conveniences. (id:37684)
Property Details
| MLS® Number | X12577064 |
| Property Type | Multi-family |
| Community Name | 4103 - Ottawa Centre |
| Equipment Type | Water Heater |
| Parking Space Total | 1 |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 5 |
| Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 5 |
| Appliances | Dishwasher, Dryer, Stove, Washer, Refrigerator |
| Basement Development | Finished |
| Basement Type | N/a (finished) |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick, Stucco |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Size Interior | 2,500 - 3,000 Ft2 |
| Type | Other |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 99 Ft ,10 In |
| Size Frontage | 25 Ft ,2 In |
| Size Irregular | 25.2 X 99.9 Ft |
| Size Total Text | 25.2 X 99.9 Ft |
| Zoning Description | R5b[854] H(19) |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom | 3 m | 3 m | 3 m x 3 m |
| Second Level | Bathroom | 1.8 m | 1.5 m | 1.8 m x 1.5 m |
| Second Level | Living Room | 2 m | 2 m | 2 m x 2 m |
| Second Level | Kitchen | 2.5 m | 2 m | 2.5 m x 2 m |
| Second Level | Dining Room | 2 m | 2 m | 2 m x 2 m |
| Third Level | Living Room | 2 m | 3 m | 2 m x 3 m |
| Third Level | Kitchen | 2.5 m | 1.5 m | 2.5 m x 1.5 m |
| Third Level | Bedroom | 4 m | 5 m | 4 m x 5 m |
| Third Level | Bathroom | 2.5 m | 1.8 m | 2.5 m x 1.8 m |
| Lower Level | Living Room | 2 m | 2 m | 2 m x 2 m |
| Lower Level | Kitchen | 2 m | 2 m | 2 m x 2 m |
| Lower Level | Bedroom | 2 m | 2.5 m | 2 m x 2.5 m |
| Lower Level | Bedroom | 3 m | 3 m | 3 m x 3 m |
| Lower Level | Bathroom | 1.5 m | 1.5 m | 1.5 m x 1.5 m |
| Main Level | Living Room | 3.5 m | 3.5 m | 3.5 m x 3.5 m |
| Main Level | Kitchen | 3 m | 1.5 m | 3 m x 1.5 m |
| Main Level | Bedroom | 2.5 m | 2.5 m | 2.5 m x 2.5 m |
| Main Level | Bathroom | 2 m | 1.8 m | 2 m x 1.8 m |
| Main Level | Bedroom | 4 m | 4 m | 4 m x 4 m |
| Main Level | Kitchen | 1 m | 1 m | 1 m x 1 m |
| Main Level | Bathroom | 1.5 m | 1.2 m | 1.5 m x 1.2 m |
Similar Listings — Multi-family • Ottawa • For sale
https://www.realtor.ca/real-estate/29137267/222-argyle-avenue-ottawa-4103-ottawa-centre
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January 23 2026 05:53:15
Ottawa Real Estate Board
Royal LePage Integrity Realty