$899,900
176 ARLINGTON AVENUE
Beds
6
Baths
4 full + 1 half
Sqft
—
Year
—
Type
Multi-family
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Ottawa. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
A prime investment opportunity in Centretown, 176 Arlington Avenue is a spacious duplex featuring two well-designed units, each with its own laundry. Unit A is tenanted, and Unit B will be vacant as of June 1st (N9 received). COMBINED RENT PROJECTED AT $6500/m. Located just two blocks from Bank St., Unit A is fully renovated 2-bedroom apartment spanning the main and lower floors, offering a private entrance, charming finishes, and an efficient layout. The living room includes a large picture window, and the eat-in kitchen is equipped with extended cabinets, ample counter space, and a stainless steel sink. Two bright bedrooms, one with private outdoor access, provide versatility for families, work-from-home setups, or additional living space. A full bathroom on the main level, along with a basement that has laundry, a powder room, and storage, completes this inviting unit. Unit B occupies the second and third floors, and features a uniquely separated, thoughtful layout. The first floor includes two bedrooms + a den, one bed with a built-in desk nook and another with direct access to a front balcony. The living area, with wide-plank vinyl flooring, adjoins a modern kitchen with wood cabinets, a hex tile backsplash, and plenty of prep space. Before ascending to the top level, you'll find a stylish 3-piece bathroom with a walk-in shower. The top floor has two cozy bedrooms with sloped ceilings, parquet-style flooring, and generous closet space, along with a second 4-piece bath for added convenience. The property sits on a deep lot with mature trees and greenery. Each unit has private entrances and well-defined spaces, making it ideal for multi-tenant rentals or live-in owners seeking extra income. Located close to transit, cafes, parks, and the upcoming redevelopment of the old Greyhound station, this property represents a solid investment in a rapidly densifying area poised for long-term growth in one of Ottawa's most vibrant neighbourhoods. (id:65958)
- Subtype
- Multi-family
- Structure
- Duplex
- Community
- 4103 - Ottawa Centre
- Lot dimensions
- 34.5 x 66 FT
- Bedrooms
- 6 above grade
- Parking
- 4 total
- Stories
- 2.5
- On market
- Mar 13, 2026
- Status changed
- Apr 24, 2026
- Annual tax
- $7,946.79
- Photos
- 30
- MLS#
- X12881804
- Area
- OTTAWA
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Foundation
Lot
Community
Cash on cash
-6.60%
Cap rate
3.54%
GRM
16.7
Break-even rent
$5,542
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.