Jason Ralph

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222 ARGYLE AVENUE, Ottawa, Ontario

$1,899,000

5 Beds
5 Baths

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:25961)

Listing ID: X12577064
Property Type: Multi-family

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Rooms

Level	Type	Dimensions
Bedroom	Second level	3 m x 3 m
Bathroom	Second level	1.8 m x 1.5 m
Living room	Second level	2 m x 2 m
Kitchen	Second level	2.5 m x 2 m
Dining room	Second level	2 m x 2 m
Living room	Third level	2 m x 3 m
Kitchen	Third level	2.5 m x 1.5 m
Bedroom	Third level	4 m x 5 m
Bathroom	Third level	2.5 m x 1.8 m
Living room	Lower level	2 m x 2 m
Kitchen	Lower level	2 m x 2 m
Bedroom	Lower level	2 m x 2.5 m
Bedroom	Lower level	3 m x 3 m
Bathroom	Lower level	1.5 m x 1.5 m
Living room	Main level	3.5 m x 3.5 m
Kitchen	Main level	3 m x 1.5 m
Bedroom	Main level	2.5 m x 2.5 m
Bathroom	Main level	2 m x 1.8 m
Bedroom	Main level	4 m x 4 m
Kitchen	Main level	1 m x 1 m
Bathroom	Main level	1.5 m x 1.2 m

Details

Equipment: Water Heater
Parking Spaces: 1
Rental Equipment: Water Heater
Transaction: For sale
Zoning Description: R5B[854] H(19)

Building

Appliances: Dishwasher, Dryer, Stove, Washer, Refrigerator
BasementType: N/A (Finished)
Basement Development: Finished
Bedrooms Main Level: 3
Bedrooms Lower Level: 2
Cooling: Central air conditioning
Exterior Finish: Brick, Stucco
Fireplace Present: False
Foundation: Stone
Bathrooms (Total): 5
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 2500 - 3000 sqft
Stories Total: 3
Type: Other
Utility Water: Municipal water

Land

Sewer: Sanitary sewer
Size Frontage: 25 ft ,2 in
Size Irregular: 25.2 x 99.9 FT

Listing provided by ROYAL LEPAGE INTEGRITY REALTY
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 222 ARGYLE AVENUE in Ottawa Ontario. It was last modified on November 25th, 2025. Contact Jason Ralph to schedule a viewing or to discover other Ottawa real estate for sale.

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