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342 Frank Street

342 Frank Street

Ottawa Centre, ON

  • 20 bed
  • 7 bath
  • approx. 5000 + sqft
  • Multiplex
  • 63 days on market
$2,395,000

Rarely available 6-unit with accessory 7th unit in prime Centretown location. 196K Gross income. Fully rented. Six 3-bedroom units + one 2-bedroom unit . 3 Storey brick building. Large, well-maintained units. Easy walking to Bank street, Elgin and Parliament hill. New boiler 2025

Listing Details

Taxes (2026)
$21,051
Listed
July 6, 2026

Price History

Listing history

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Property

Style
3-Storey
Construction
Brick
Roof
Flat
Foundation
Stone
Interior
Separate Hydro Meter, Water Heater Owned
Lot Size
59.66 x 66 Feet

Parking

Garage
None
Covered Spaces
0
Total Parking
0

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
O'Connor
Zoning
CM1
Parcel Number
041190183
Possession
Flexible
Occupancy
Tenant

Included

Inclusions
7 Fridges, 7 stoves, 1 coin-operated washer and dryer
Exclusions
Tenant's possessions

Schools

Elementary

  • Glashan Public School0.4 km

    Public · Ottawa-Carleton DSB · 315 students

  • Elgin Street Public School0.4 km

    Public · Ottawa-Carleton DSB · 370 students

    Grade 3 reading: 88% met the provincial standard · Grade 6 math: 84% met the provincial standard

  • First Avenue Public School0.9 km

    Public · Ottawa-Carleton DSB · 175 students

    Grade 3 reading: 100% met the provincial standard · Grade 6 math: 67% met the provincial standard

Secondary

  • Richard Pfaff Secondary Alternate Site0.9 km

    Public · Ottawa-Carleton DSB · 225 students

  • Lisgar Collegiate Institute0.9 km

    Public · Ottawa-Carleton DSB · 960 students

    Grade 10 literacy: 91% met the provincial standard

  • Immaculata High School1 km

    Catholic · Ottawa CSB · 855 students

    Grade 10 literacy: 87% met the provincial standard

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 K2P

Population
18,825
Private dwellings
14,113
Median age
34.4
Average household size
1.5
Median household income
$66,500

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 Ottawa Centre · last 12 months

Median sold price
$450,000
Homes sold
373
Median days on market
32
Sale-to-list price
97.1%

Based on 373 recorded sales of residential freehold properties in Ottawa Centre over the last 12 months.

Listed by

ROYAL LEPAGE PERFORMANCE REALTY

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$479,000

Estimated Monthly Payment

$11,766

Land transfer tax

Estimated land transfer tax$46,350

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: $11,766/mo (20% down, 5.5%)

Taxes: $1,754/mo · Insurance: $599/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions Fully rented.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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