107 Spadina Avenue
4203 - Hintonburg, West Centre Town, K1Y 2B9
FOR SALE
$799,900
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4
BEDROOMS 2
BATHROOMS 2
KITCHENS 12
ROOMS X13674142
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Property Description
INVESTMENT OPPORTUNITY IN WEST CENTRETOWN! Ideally positioned in one of Ottawa's most sought-after urban neighbourhoods, this well-located duplex offers an excellent opportunity for investors seeking a versatile income property with two separate residential units. Each unit occupies its own level and features two bedrooms, providing attractive layouts for tenants seeking comfortable inner-city living. The upper unit also enjoys a private second-floor balcony, while both units benefit from access to the backyard. Additional features include a detached garage and two rear parking spaces, conveniently accessed from the laneway/street behind Spadina Avenue-an exceptional amenity in this central location. The real value is the location. Situated in West Centretown, residents are surrounded by an outstanding mix of restaurants, cafés, grocery stores, shops, fitness studios, services and entertainment. Bank Street, Somerset Street West and the broader Centretown area offer an abundance of everyday amenities within easy reach. The neighbourhood is highly walkable and well connected by public transit, with convenient access to downtown, the O-Train network, Highway 417 and major employment, education and cultural destinations. (Centretown Ottawa)Enjoy close proximity to Chinatown and Little Italy, the Ottawa River pathways, parks and recreation, and the many attractions of downtown Ottawa. Centretown's established mix of residential, commercial and employment uses continues to make it an attractive choice for tenants seeking an urban lifestyle with convenience at their doorstep. (Centretown Citizens Ottawa Corporation)A fantastic opportunity to add a well-positioned duplex to your portfolio, live in one unit while renting the other, or capitalize on the enduring appeal of central Ottawa living. Minimum 48hrs notice to schedule any and all showings.
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Property Features
None
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Property Details
Address
107 Spadina Avenue
Community
City
Postal Code
K1Y 2B9
Property Type
Duplex, Duplex
Lot Size
25' x 130'
Taxes
$6,111 (2025
Basement
Other
Heat Type
Radiant
Heat Source
Gas
Water
Municipal
Parking Spaces
2
Garage Type
Detached
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Listing contracted with Exp Realty
Turnkey detached brick duplex in the heart of West Centretown, offering strong furnished rental income and extensive recent updates. The spacious main-floor 2-bedroom unit rents furnished for $3,000+/month (with one parking spot), while the upper 2-bedroom unit rents furnished for $2,600+/month, providing gross rental revenue of $67,200+ annually.Both units are bright, spacious and move-in ready, with major improvements including new Scheel windows (2025), ductless heat pump systems on both floors (2025) providing efficient heating and cooling, updated electrical, plumbing updates (2026), new second-floor carpeting (2026), and LED lighting throughout with dimmer switches. The main-floor bathroom has also been refreshed with a new vanity and toilet.Each unit enjoys separate access to a common basement laundry and storage areas and paved parking adds another valuable amenity.An outstanding central location within easy reach of Shops and Restaurants, Preston Street, Bayview LRT, downtown, uOttawa and the Ottawa Hospital. A well-maintained, income-producing property in one of Ottawa's most walkable and consistently rentable neighbourhoods-ideal for investors, an owner-occupier, or buyers looking for flexible multi-generational living. 24-hour irrevocable on all offers.
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This classic 1930s duplex presents a great investment opportunity in the heart of Little Italy, prominently located on Preston Street. Surrounded by ongoing development and long-term growth, this property offers exceptional future potential in one of Ottawa's most vibrant and culturally rich neighbourhoods. With flexible TM zoning, buyers have multiple options to maximize value-whether maintaining and updating the existing duplex or exploring redevelopment possibilities such as a mixed-use commercial space with residential units above.The property features two self-contained units, each with its own hydro meter, and flexible access options allowing entry from the front for both units or a separate rear entrance for the lower unit. Its unbeatable location places you within walking distance of restaurants, cafés, shops, Dows Lake, and Lebreton Flats, with convenient access to the LRT and downtown Ottawa-making it easy to live local and attract strong tenant demand.Owned by the same family for over 40 years, this is a well-established property in a rapidly appreciating area. With steady rental income potential today and significant redevelopment upside for the future, this is a compelling opportunity for investors seeking long-term growth in a prime urban location. Flexible closing available. Book your showing today and explore the possibilities.
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Exceptional investment opportunity in the heart of Centretown! This well-maintained and recently renovated LEGAL duplex offers the perfect combination of strong cash flow, owner-occupancy flexibility, and long-term value in one of Ottawa's most desirable urban neighbourhoods. Featuring two spacious 2-bedroom units, each with its own private entrance, separate hydro meter, and in-unit laundry, this turnkey property is ideal for investors and homeowners alike. Numerous updates include renovated kitchens and bathrooms, updated plumbing and electrical, fire escapes brought up to code, fresh paint throughout, updated flooring, fencing improvements, and countless other upgrades that contribute to the property's excellent condition and tenant appeal. A rare bonus for Centretown, the property includes 3 parking spaces, a highly sought-after feature for both tenants and owners. Investors will appreciate the potential for a return exceeding 7.0%, while owner-occupants can live in one unit and rent the other to significantly offset mortgage costs. Landlord pays heat and water, while tenants pay their own hydro through separate meters. Ideally located steps from Bank Street, Chinatown, Little Italy, public transit, parks, cafés, restaurants, shopping, entertainment, government offices, and some of Ottawa's most vibrant urban amenities. Residents enjoy easy access to Dow's Lake, the Rideau Canal, LeBreton Flats, Carleton University, the University of Ottawa, and downtown employment hubs. With strong rental demand, exceptional walkability, and major updates already completed, this is a rare opportunity to acquire a quality income property in one of Ottawa's most established and sought-after neighbourhoods.
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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 6.6% 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.
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