54 Centennial BLVD, Glebe - Ottawa East And Area, ON K1S 0M9
See all 38 photos
54 Centennial BLVD, Glebe - Ottawa East And Area, ON K1S 0M9
54 Centennial BLVD, Glebe - Ottawa East And Area, ON K1S 0M9
54 Centennial BLVD, Glebe - Ottawa East And Area, ON K1S 0M9
54 Centennial BLVD, Glebe - Ottawa East And Area, ON K1S 0M9
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 1,900,000
Est. payment /mo
Save
Active

54 Centennial BLVD Glebe - Ottawa East And Area, ON K1S 0M9

5,200 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 5,200 sqft

Price per Sqft $365

Subdivision 4405 - Ottawa East

MLS Listing ID X13022410

Annual Tax Amount $15,678

Tax Year 2025

Property Sub-Type Investment

Lot Front 176.3

Property 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 structural crack remediation, 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.

Location

Province ON

County Ottawa

Area Ottawa

Interior

Cooling No

Exterior

Utilities Available Yes

Lot Frontage 176.3

Others

ParcelsYN No

Listed by SLEEPWELL REALTY GROUP LTD

NEARBY SCHOOLS & PROPERTIES

Jethro Seymour

Jethro Seymour

Broker

+1(416) 712-0767

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from The Seymour Team, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

54 Centennial BLVD

TORONTO NEIGHBOURHOODS
There are 30 quick searches