222 Argyle Avenue
Ottawa (Ottawa Centre), ON K2P 1B9
- 3+2Bedrooms
- 5Bathrooms
- 1Parking
- 2500–3000Sq Ft
- $8,435Tax
- 25×100 ftLot Size
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About 222 Argyle Avenue, Ottawa, Ottawa Centre
Summarized Description
- Exceptional multi-unit income property in Ottawa Centre.
- Fully renovated with strong rental income potential.
- Located in a highly desirable area.
- 98% walk score and 100% bike score.
- Close to amenities and transit options.
- Gross yearly income of $115,764.
- Net income projected at $92,954 for 2024.
- Investment opportunity with long-term growth potential.
Welcome to this exceptional investment opportunity in the heart of Ottawa Centre! This multi-unit income property features 4 + 1 units-one studio, three 1-bedroom apartments and one 2-bedroom apartment. The building underwent a complete gut job, and the roof was done in 2018. The gross yearly income is $115,764 with a net income of $92,954 for 2024. Perfect for investors seeking strong rental income and long-term growth potential in a highly desirable location with 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
- $8,435
- 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
- 25.17 ft
- Lot Depth
- 99.89 ft
Inclusions
- Inclusions
- 1 mini-fridge, 4 Fridges, 4 stoves, 4 dishwashers, 4 washers and 4 dryers.
Exclusions
- Exclusions
- Tenants Belongings
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 1
- Parking Spaces
- 1
- Total Garage And Parking Spaces
- 1
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 3 + 2
- Washrooms
- 5
- Kitchens
- 5
Room sizes
- Living Room—Main level
- Kitchen—Main level
- Bedroom—Main level
- Bathroom—Main level
- Bedroom—Main level
- Kitchen—Main level
- Bathroom—Main level
- Living Room—Second level
- Kitchen—Second level
- Dining Room—Second level
- Bedroom—Second level
- Bathroom—Second level
- Living Room—Third level
- Kitchen—Third level
- Bedroom—Third level
- Bathroom—Third level
- Living Room—Lower level
- Kitchen—Lower level
- Bedroom—Lower level
- Bedroom—Lower level
- Bathroom—Lower level
Washrooms
- 4-piece, Main
- 3-piece, Main
- 4-piece, Second
- 3-piece, Third
- 4-piece, Lower
- Municipality
- Ottawa
- Neighbourhood
- Ottawa Centre
- Main cross streets
- Bank St & Argyle Ave
- Zoning
- R5B[854] H(19)
- Directions
- From Bank Street turn onto Argyle Avenue
- MLS® number
- X12577064
- 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 222 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 222 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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