Room 1
Level not provided
54 Centennial Blvd
Ottawa East, Ottawa, Ontario K1S 0M9
Description
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.
01 / Property recordListing detailsFacts, history, rooms and location
Key Facts
- MLS® #
- X13022406
- Board
- TRREB MLS®
- Days on market
- Tax
- $15,678
- Size
- 3500-5000 sqft
- Parking
- 1 Detached, 7 Parking
Listing History
Buy/Sell history for 54 Centennial Blvd, Ottawa, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $1,850,000 | N/A | Pc | X13022406 |
Estimated Market Value
Estimated value requires sign in
AI market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
Property Details
Property
- Property Type
- Multiplex
- Style
- 3-Storey
- Community
- Ottawa East
- Municipality
- Ottawa
Inside
- Bedrooms
- 8+2
- Bathrooms
- 6
- Bathroom Detail
- 4, 4pc, Upper
- Bathroom Detail
- 2, 4pc, Lower
- Basement Type
- Apartment
- Kitchens
- 4
Utilities
- Water
- Municipal
- Cooling
- None
- Heating Type
- Radiant
Building
- Size
- 3500-5000 sqft
- Construction
- Brick
Parking
- Driveway
- Available, Reserved/Assigned
- Garage Type
- Detached
- Garage
- 1
- Add. Parking
- 6
- Total Parking
- 7
Land
- Sewer
- Sewers
- Lot Size Code
- Feet
Additional
- Foundation
- Concrete
- Roof
- Flat
- Fireplace
- N
- Pool
- None
- Den
- N
- Family room
- N
- Extras
- 6 fridge, 6 stove, 2 dishwasher, coin op washer, coin op dryer
Rooms (12)
Room 2
Level not provided
Room 3
Level not provided
Room 4
Level not provided
Room 5
Level not provided
Room 6
Level not provided
Room 7
Level not provided
Room 8
Level not provided
Room 9
Level not provided
Room 10
Level not provided
Room 11
Level not provided
Room 12
Level not provided
Location
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
16 records read 8 on record nearby 8 checked, none on recordRead 2026-11-03
Water and conservation
- Not in Rideau Valley Conservation Authority’s mapped regulated area
- Not in the municipality’s mapped flood area
- No mapped wetland within 120 m
- No water-supply well recorded within 250 m8 test or monitoring holes also recorded.
Rideau Valley Conservation Authority · Municipal flood mapping · Province of Ontario open data
Planning and building activity
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
- Nearest airport: 6.3 km
Province of Ontario open data
Around the home
- Nearest rail line: 500 m
- Transit stop within 400 mFrom the transit agency’s published stop map; the nearest is 330 m away. Routes and stops change; check the agency’s schedule.
- A trail on the Ontario trail network within 1 km
Province of Ontario open data · Municipal transit open data
Environmental records
- No licensed pit or quarry within 2 km
- No recorded oil, gas or salt well within 250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is TransAlta Cogeneration L.P. — Ottawa Health Sciences Centre (OHSC) Cogeneration Facility, 1.3 km away. Only facilities above the inventory’s reporting thresholds are listed.
- 8 federal contaminated sites within 1 km4 still active or suspected; the rest are closed. The federal inventory covers federal land only, not provincial or private sites.
Province of Ontario open data · Government of Canada open data
Power and internet
- Electricity is distributed here by Hydro Ottawa Limited
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Netsolid, OmniTEC Wireless, Rogers, Storm Internet, Xplore. Mobile: Bell, Rogers, Telus, Vidéotron. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – City of Ottawa. Contains information licensed under the Open Government Licence – Ontario.
Comparable Sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
02 / Plan your numbersToolsMortgage and cash-flow planning
Mortgage Tools
Mortgage calculator
20%
Monthly Payment
$8,481
- Down payment$370,000
- Mortgage amount$1,480,000
- Total interest$1,064,300
- Total cost$2,914,300
Cash flow analysis
$8,481
Total monthly payment
$9,788
Break-even down payment
100%
Cash flow-$9,788
03 / Community profileNeighbourhood demographicsPeople, homes and household context
Expand Neighbourhood demographics to load Statistics Canada census charts.
04 / Local performanceMarket detailsNeighbourhood price and activity trends
Expand Market details to load neighbourhood price and activity trends.
$1,850,000
$1,850,000
CAD
Estimated market value
Similar active listings
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.