Was listed for:Expired Nov 4, 2025
$895,000

209 Loretta Avenue

Ottawa (West Centre Town), ON K1S 4P6

Multiplex ExpiredNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

This listing has ended. It is no longer available.

Property not available for sale or for rent.

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Sale & Price History for 209 Loretta Avenue, Ottawa, West Centre Town

2025-09-05
2025-11-04
Expired
Price
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MLS#
x12382987
2025-03-05
2025-09-04
Terminated
Price
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2024-08-19
2024-12-20
Terminated
Price
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 209 Loretta Avenue, Ottawa, West Centre Town

Hot Investment Opportunity Little Italy Fourplex! Dont miss this fully upgraded fourplex in the heart of Little Italy, offering strong income potential and excellent value. All four units are occupied by reliable tenants, providing immediate cash flow with rents still below current market rates, offering room to increase returns. Each unit has been updated, attracting quality tenants and ensuring long-term stability. Adding to the appeal, the upcoming development at Lebreton Flats is expected to further increase property values in the area, giving investors potential future appreciation on top of current income. Properties like this move fast. With its prime location, upside rental potential, and future growth prospects, serious investors need to act quickly to secure this standout opportunity in one of the citys most vibrant neighborhoods.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$6,687
Land Transfer Tax Fee
$14,375

Rental Items

Rental Equipment
HWT

Basement Type
Unfinished, Exposed Rock

Interior Features

Interior Extras
Separate Hydro Meter, Water Heater
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Multiplex
Building Style
3-Storey

Construction

Exterior Finish
Aluminum Siding, Brick
Roof
Asphalt Shingle
Foundation Details
Block
Special Designation
Unknown

Lot

Lot Front
27.00 ft
Lot Depth
69.00 ft
Lot Size
1863

Parking & Garages

Garage Type
None
Garage Spaces
3
Parking Spaces
3
Total Garage And Parking Spaces
3

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
None
Water
Municipal
Sewers
Sewer
Natural Gas
Yes
Hydro
Yes
Cable
Yes
Telephone
Available

Bedrooms
4
Washrooms
4
Kitchens
4

Washrooms

  • 3-piece

Municipality
Ottawa
Neighbourhood
West Centre Town
Main cross streets
Preston and Gladstone
Directions
From Preston, go west on Beech to Loretta. Right on Loretta to subject property. From Carling Ave, go north on Champagne to Beech. Left on Beech to Loretta. Right on Loretta to subject property.

MLS® number
X12382987
Data source
Toronto Regional Real Estate Board
Status change
2025-11-04
Listed on
2025-09-05
Days on market
60 days
Possession date
2025-09-30
Possession type
Flexible
Co-op commission
2%
Seller
Listed by
HOMEFLUENT REALTY INC.

Home Market Value

Current home valuation for 209 Loretta Avenue, Ottawa, West Centre Town, Ottawa, ON. Listed for $895,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 209 Loretta Avenue, Ottawa, West Centre Town

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

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Ottawa, ON
Minimum Down Payment Required:7.2%

5% on first $500K + 10% on $395,000 over $500K

Minimum down payment

$64,500

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
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+CMHC insurance
$33,187$24,971$21,301$0
=Total mortgage
$862,852$830,471$782,051$716,000
Amortization
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Payment frequency
=Mortgage payment
$4,213monthly$4,055monthly$3,818monthly$3,496monthly
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Land Transfer Tax

Provincial

$14,375

Total Land Transfer Tax

$14,375

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