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$899,000
176 ARLINGTON AVENUE
Ottawa, Ontario, Ontario, K1R5S7
MLS® Number: X12199278
Property description
An exceptional investment opportunity in the heart of Centretown, 176 Arlington Avenue is a spacious duplex with two well-appointed units, each with their own individual laundry, ideally situated two blocks from Bank St. Unit A is a 2 + 1 bed apartment built over the main and lower levels, featuring a private entrance, character-rich finishes, and an efficient layout. The living area boasts a large picture window, and the eat-in kitchen includes extended cabinetry, plenty of counter space, and a full stainless steel sink. 2 bright bedrooms, one with private exterior access, offer flexibility for families, home offices, or additional living spaces. A full bathroom on the main level and a basement with laundry, a powder room, and storage complete this inviting and functional unit. Unit B, spanning the second and 3rd levels offers a unique and thoughtfully separated layout. The first level of the unit includes 3 bedrooms, one with a built-in desk nook and another with direct access to a front-facing balcony. The living space with wide-plank vinyl flooring is found just off the modern kitchen with wood cabinetry, a hex tile backsplash, and ample prep space. Before heading up to the top level, you'll pass a stylish 3-piece bath with a walk-in shower. On the top floor of the property, 2 more cozy bedrooms feature sloped ceilings, parquet-style flooring, and generous closet space, while a second 4-piece bath provides added convenience. The property sits on a deep lot with mature greenery, and each unit benefits from private entrances and defined spaces - ideal for multi-tenant configurations or live-in owners seeking supplemental income. Steps to transit, cafes, parks, and the upcoming redevelopment of the old Greyhound station. This is an investment in an area with intense densification planned, poised for long-term growth in one of Ottawa's most dynamic neighbourhoods. Total monthly rental income: $4,750 & NOI of $3,462.83/mo (utilities & taxes). HUGE UPSIDE IN RENTS!
Building information
Type
*****
Appliances
*****
Basement Development
*****
Basement Type
*****
Exterior Finish
*****
Foundation Type
*****
Half Bath Total
*****
Heating Fuel
*****
Heating Type
*****
Size Interior
*****
Stories Total
*****
Utility Water
*****
Land information
Amenities
*****
Sewer
*****
Size Depth
*****
Size Frontage
*****
Size Irregular
*****
Size Total
*****
Rooms
Main level
Utility room
*****
Bathroom
*****
Bedroom 3
*****
Bathroom
*****
Bedroom 2
*****
Primary Bedroom
*****
Bedroom
*****
Bedroom
*****
Lower level
Foyer
*****
Second level
Bedroom
*****
Primary Bedroom
*****
Bathroom
*****
Kitchen
*****
Living room
*****
Foyer
*****
Bedroom
*****
Living room
*****
Kitchen
*****
Bathroom
*****
Main level
Utility room
*****
Bathroom
*****
Bedroom 3
*****
Bathroom
*****
Bedroom 2
*****
Primary Bedroom
*****
Bedroom
*****
Bedroom
*****
Lower level
Foyer
*****
Second level
Bedroom
*****
Primary Bedroom
*****
Bathroom
*****
Kitchen
*****
Living room
*****
Foyer
*****
Bedroom
*****
Living room
*****
Kitchen
*****
Bathroom
*****
Courtesy of ENGEL & VOLKERS OTTAWA
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