220 Argyle Avenue
Ottawa (Ottawa Centre), ON K2P 1B9
- 6+1Bedrooms
- 6Bathrooms
- 2Parking
- 2500–3000Sq Ft
- $10,143Tax
- 30×100 ftLot Size
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About 220 Argyle Avenue, Ottawa, Ottawa Centre
Summarized Description
- Exceptional multi-unit income property in Ottawa Centre
- Five 1-bedroom apartments and one studio unit
- Updated kitchens and bathrooms throughout
- Strong rental income potential with $115,260 gross income
- 98% walk score and 100% bike score
- Close to transit and downtown amenities
- Roof replaced in 2018 for added value
- Ideal for investors seeking long-term growth
Welcome to this exceptional investment opportunity in the heart of Ottawa Centre! This multi-unit income property features 5 + 1 units-one studio and five 1-bedroom apartments. The gross yearly income is $115,260 with a net of $92,740 for 2024. All kitchens and bathrooms have been updated, and the roof was completed in 2018.Perfect for investors seeking strong rental income and long-term growth potential in a highly desirable location, this property offers a 98% walk score and a 100% bike score, with a bus stop less than a 2-minute walk away. It is close to all amenities, transit, and downtown conveniences.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $10,143
- Land Transfer Tax Fee
- $32,455
Rental Items
- Rental Equipment
- HWT
- Under Contract
- Hot Water Heater
- Basement Type
- Finished
Interior Features
- Interior Extras
- None
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Multiplex
- Building Style
- 3-Storey
Construction
- Exterior Finish
- Brick, Stucco (Plaster)
- Roof
- Asphalt Shingle
- Foundation Details
- Stone
- Special Designation
- Unknown
Lot
- Lot Front
- 29.77 ft
- Lot Depth
- 99.86 ft
Inclusions
- Inclusions
- 1 mini-fridge, 5 Fridges, 5 stoves, 5 dishwashers, 5 washers and 5 dryers.
Exclusions
- Exclusions
- Tenants belongings.
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 2
- Parking Spaces
- 2
- Total Garage And Parking Spaces
- 2
Heating & Cooling
- Heat Source
- Other
- Heat Type
- Forced Air
- Air Conditioning
- None
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 6 + 1
- Washrooms
- 6
- Kitchens
- 6
Room sizes
- Living Room—Main level
- Kitchen—Main level
- Bathroom—Main level
- Bedroom—Main level
- Bedroom—Main level
- Kitchen—Main level
- Bathroom—Main level
- Living Room—Second level
- Kitchen—Second level
- Bedroom—Second level
- Bathroom—Second level
- Living Room—Second level
- Kitchen—Second level
- Bedroom—Second level
- Bathroom—Second level
- Living Room—Third level
- Dining Room—Third level
- Kitchen—Third level
- Bathroom—Third level
- Bedroom—Third level
- Living Room—Lower level
- Dining Room—Lower level
- Kitchen—Lower level
- Bedroom—Lower level
- Bathroom—Lower level
Washrooms
- 3-piece, Lower
- 3-piece, Main
- 3-piece, Second
- 4-piece, Second
- 3-piece, Third
- Municipality
- Ottawa
- Neighbourhood
- Ottawa Centre
- Main cross streets
- Bank St & Argyle Ave
- Directions
- From Bank Street turn onto Argyle Avenue
- MLS® number
- X12577062
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-04-06
- Listed on
- 2025-11-20
- Days on market
- 137 days
- Possession type
- Immediate
- Co-op commission
- 2%
- Seller
- Listed by
- ROYAL LEPAGE INTEGRITY REALTY
Home Market Value
Current home valuation for 220 Argyle Avenue, Ottawa, Ottawa Centre, Ottawa, ON. Listed for $1,799,000
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 220 Argyle Avenue, Ottawa, Ottawa Centre
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
20% required for homes $1.5M or more
$359,800
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $0 | $0 | $0 | $0 |
=Total mortgage | $1,439,200 | $1,349,250 | $1,259,300 | $1,169,350 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $7,027monthly | $6,588monthly | $6,149monthly | $5,709monthly |
Land Transfer Tax
$32,455
$32,455
Around this home
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