222 Argyle Avenue, Ottawa, ON

$1,799,000.00



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Description

Property Attributes
  • ID#X12577064
  • Listing Status: Active
  • City: Ottawa
  • Neighbourhood: 4103 – Ottawa Centre
  • Postal Code: K2P 1B9
  • Price: $ 1,799,000
  • Bedrooms: 3+2
  • Bathrooms: 05
  • Sqr Footage: 2500 – 3000
    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.