174 Arthur Street
West Centre Town, ON
- 4 bed
- 3 bath
- approx. 1100-1500 sqft
- Triplex
INVESTMENT OPPORTUNITY for under $675,000! Three Storey semi detached TRIPLEX in the heart of Chinatown. Zoned R4H and Ideally located with a school directly across the street and just minutes to Downtown, Little Italy, public transit, shopping, restaurants, parks, and all amenities. This centrally located income property offers an excellent opportunity for investors looking to expand their portfolio or those seeking a property with strong rental potential. Situated on an 18.18' x 71.19' lot, the property includes one front parking space and a spacious backyard for tenants to enjoy. Offering an attractive CAP RATE of 6.12% and Gross Annual rental income of $51,924 this is a turnkey investment with immediate cash flow. Rented on an All Inclusive basis. Unit 1: currently Vacant and a great option for an Owner Occupied unit, it's a two bedroom, one bathroom unit on the main floor with access to the finished basement, providing additional living space and a dedicated laundry area. The kitchen and several interior finishes were updated in 2022, along with newer floors in 2026. Unit 2: One bedroom, one bathroom apartment on the second floor with its own washing machine. Unit 3 is a one bedroom, one bathroom unit that provides additional rental income. The property is heated by natural gas forced air and serviced by one hydro meter. All appliances are included! Located in one of Ottawa's most desirable rental areas with consistent tenant demand, this property offers excellent long term investment potential and the opportunity to generate reliable income from day one. A fantastic opportunity to own an affordable multi unit property in a prime central location. Book your private showing today! 24 hour irrevocable required on all offers.
Listing Details
- Taxes (2026)
- $5,157
- Originally Listed
- $674,900
- Listed
- July 1, 2026
Price History
Property
- Style
- 3-Storey
- Construction
- Brick, Other
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Interior
- Water Heater Owned
- Lot Size
- 18.18 x 71.19 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 1
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Heading West on Gladstone Ave, Turn Right on Arthur St, Property is on the Left
- Zoning
- R4H
- Parcel Number
- 041090135
- Possession
- Flexible
- Occupancy
- Tenant
Included
- Inclusions
- 3 Fridges, 3 Stoves, 1 Dryer (Unit 1), 2 Washers (Unit 1 & 2), 1 Water Tank
- Rental Items
- None
Schools
Elementary
- Cambridge Street Community Public School0.1 km
Public · Ottawa-Carleton DSB · 95 students
Grade 6 math: 23% met the provincial standard
- St Anthony Elementary School0.3 km
Catholic · Ottawa CSB · 105 students
Grade 3 reading: 100% met the provincial standard
- Richard Pfaff Intermediate School0.4 km
Public · Ottawa-Carleton DSB
Secondary
- Richard Pfaff Secondary Alternate Site0.4 km
Public · Ottawa-Carleton DSB · 225 students
- École secondaire catholique Saint-Jean-Baptiste0.4 km
French Catholic · CSDC du Centre-Est de l'Ontario
- Adult High School0.5 km
Public · Ottawa-Carleton DSB · 1010 students
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area K1R
- Population
- 20,343
- Private dwellings
- 12,836
- Median age
- 36
- Average household size
- 1.7
- Median household income
- $74,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in West Centre Town · last 12 months
- Median sold price
- $666,000
- Homes sold
- 176
- Median days on market
- 20
- Sale-to-list price
- 98.0%
Based on 176 recorded sales of residential freehold properties in West Centre Town over the last 12 months.
Listed by
RE/MAX HALLMARK REALTY GROUP
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$129,980
Estimated Monthly Payment
$3,193
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,193/mo (20% down, 5.5%)
Taxes: $430/mo · Insurance: $162/mo
Estimates only. Consult a financial advisor.
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