Home Multi-family Old Ottawa East

54 Centennial Boulevard

Ottawa, Ontario K1S0M9
Multi-family Old Ottawa East For sale
$1,900,000
For sale
Est. mortgage (20% down, 4%, 25 yrs)
Calculating… View details
Home Multi-family Old Ottawa East

54 Centennial Boulevard

Ottawa, Ontario K1S0M9
Multi-family Old Ottawa East For sale
$1,900,000
For sale
Est. mortgage (20% down, 4%, 25 yrs)
Calculating… View details
Léo Trudel REALTOR®

Léo Trudel

Sales Representative

Direct: 613-808-6549
Office: 613-744-5000

Brokerage:
Sabrina Lafleur

Sabrina Lafleur

Rental Agent

Direct: 613-808-6549
Office: 613-744-5000

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$1,900,000
Property overview
🏠 Building Type
Other
📍 Property Type
Multi-family
🛏️ Bedrooms
10
🛁 Bathrooms
6
📅 Year Built
🏙️ Neighbourhood
4405 - Ottawa East
📋 Status
For sale
Highlights
4405 - Ottawa East Other For sale
Listing description

Discover this Multi-family

54 Centennial Boulevard, Ottawa
Turnkey 6-unit investment opportunity in a strong rental location with significant upside potential. This well-maintained building features 2 two-bed, 2 two-bed + den, and 2 one-bed units with a current gross income of $106,530.92 and NOI of $77,653.92. Recent capital improvements include a full roofing system replacement in 2025, extensive masonry repairs in 2025 including brick replacement, repointing and structural crack remediation, and front entrance landscaping and concrete work completed in 2024. The pride of ownership is evident throughout with meticulously maintained exterior, common areas and landscaping. Unit mix offers strong rental growth potential, with the most recent lease (Unit 5) achieving $2,000/month, highlighting upside on remaining two-bedroom units. The property includes 6 parking spaces and a garage currently used by the owner. A 2010 survey indicates potential for future development, with a large frontage and irregular lot allowing for reconfiguration of parking to unlock additional density. Additional value-add potential exists in the basement with storage and hydro meter rooms adjacent to Unit 1, offering the possibility of consolidation to enhance unit size or functionality. A rare opportunity to acquire a well-cared-for asset with both immediate income and long-term development potential. (id:64373)
📅
Upcoming viewings
45.4024969
-75.6709942
54 Centennial Boulevard, Ottawa, Ontario, K1S0M9
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Property Address
54 Centennial Boulevard, Ottawa, Ontario K1S0M9
Community
4405 - Ottawa East
Neighbourhood
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Location is approximate. Please confirm exact details with your HomeFind.ca REALTOR®.
Listing Details
Last updated: 2026-06-29
Key facts
Price
$1,900,000
Property type
Multi-family
Bedrooms
10
Bathrooms
6
Stories
3
Interior size
3500 - 5000 sqft
Parking options
Detached Garage, Garage
Total spaces
7
Interior & features
Cooling
None
Heating
Radiant heat
Heating fuel
Natural gas
Basement
N/A
Appliances
Dishwasher, Dryer, Stove, Washer, Refrigerator
Fireplace
False
Exterior finish
Brick
Key features
Irregular lot size, Carpet Free
Lot, amenities & extras
Lot size
176.3 FT
Water
Municipal water
Sewer
Sanitary sewer

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Léo Trudel REALTOR®

Léo Trudel

Sales Representative

Direct: 613-808-6549
Office: 613-744-5000

Brokerage:
Sabrina Lafleur

Sabrina Lafleur

Rental Agent

Direct: 613-808-6549
Office: 613-744-5000

Powered by:

This field is for validation purposes and should be left unchanged.

Comparables

Property Image
For sale
4405 - Ottawa East
$1,900,000

54 Centennial Boulevard, Ottawa, Ontario

Multi-Family in 4405 - Ottawa East

Beds

Baths
5200 sqft
Sq Ft
View Details
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Duplex in 4402 - Glebe
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Other in 4403 - Old Ottawa South
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View Details

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