Home › Multi-family › Old Ottawa East

54 Centennial Boulevard

Ottawa, Ontario K1S0M9
Multi-family Old Ottawa East For sale
$1,850,000
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
$1,850,000
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

Powered by:

This field is for validation purposes and should be left unchanged.
$1,850,000
Property overview
🏠 Building Type
Multi-Family
📍 Property Type
Multi-family
🛏️ Bedrooms
🛁 Bathrooms
📅 Year Built
🏙️ Neighbourhood
4405 - Ottawa East
📋 Status
For sale
⭐ Highlights
4405 - Ottawa East Multi-Family 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 $106,540.92 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 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
See on Google Maps
Location is approximate. Please confirm exact details with your HomeFind.ca REALTOR®.
Listing Details
Last updated: 2026-09-27
Key facts
Price
$1,850,000
Property type
Multi-family
Interior size
5200 sqft
Parking options
Interior & features
Cooling
None
Heating
Hot water radiator heat
Heating fuel
Natural gas
Appliances
Dishwasher, Dryer, Washer
Fireplace
False
Lot, amenities & extras
Lot size
Bldg=176.3 FT
Water
Municipal water

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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.
Sabrina Lafleur

Sabrina Lafleur

Rental Agent

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

Powered by:

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