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Ali Aliasgari

Broker
iCloud Realty Ltd., Brokerage Independently owned and operated. 55 City Centre Drive unit 503, Mississauga, Ontario L5B1M3 Cell: 416-904-9571Office: 905-268-1000

$1,099,000
Available - For Sale
Listing ID: X13530468
453 Catherine Street North , Ottawa Centre, K1R 5T7, Ottawa


Exceptional commercial/residential investment opportunity in a prime Ottawa Centre location. This well-maintained property offers strong existing tenancy, excellent income potential, and future flexibility for investors, entrepreneurs, or owner-occupiers. Located in a highly visible commercial hub with excellent exposure, convenient access to Highway 417, and proximity to Dow's Lake, Lansdowne, and Ottawa's downtown core, this property offers outstanding accessibility and long-term potential. Situated on a generous lot of approximately 33 ft x 99 ft, the property features rear parking for up to 6 vehicles and a versatile layout with multiple income streams. This property includes approximately 1,100 sq. ft. per side, plus basement space. One office space is currently owner-occupied and could potentially be rented for approximately $3,000/month. Additional income includes Unit 453, a spacious 3-bedroom, 1-bathroom unit with in-unit laundry plus parking, currently rented for $1,850/month. Unit 451 is a second-floor 3-bedroom, 1-bathroom unit with kitchen and parking, currently rented for $1,450/month, with potential for future rent increase. The property also benefits from stable tenancy and strong rental demand. Ideal for investors looking to expand their portfolio or buyers seeking a live-work/business opportunity with additional revenue. A rare find with excellent parking, strong income, visibility, and future business potential. Book your showing today and explore all the possibilities this unique property has to offer. Separate utilities: Roof replaced (2023), Furnace (2016). Great opportunity to secure a property that offers both immediate revenue and long-term growth. Book your showing today!
Price $1,099,000
Taxes: $8637.72
Assessment Year: 2025
Occupancy: Tenant
Address: 453 Catherine Street North , Ottawa Centre, K1R 5T7, Ottawa
Directions/Cross Streets: Catherine Street
Rooms: 9
Bedrooms: 6
Bedrooms +: 0
Family Room: T
Basement: Full, Partially Fi
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1
Washroom Type No. of Pieces Level
Washroom Type 1 3 Second
Washroom Type 2 2 Main
Washroom Type 3 3 Second
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Property Type: Triplex
Style: 2-Storey
Exterior: Brick
Garage Type: None
Drive Parking Spaces: 6
Pool: None
Approximatly Square Footage: 2000-2500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX HALLMARK REALTY GROUP
Personal Picture
Ali Aliasgari
Broker
Dir:
416-904-9571
Bus:
905-268-1000
 
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At a Glance:
Type: Freehold - Triplex
Area: Ottawa
Municipality: Ottawa Centre
Neighbourhood: 4103 - Ottawa Centre
Style: 2-Storey
Lot Size: x 99.00(Feet)
Approximate Age:
Tax: $8,637.72
Maintenance Fee: $0
Beds: 6
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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