Listed for:Listed Jul 6, 2026
$2,395,000

342 Frank Street

Ottawa (Ottawa Centre), ON K2P 0Y1

Multiplex For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
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Sale & Price History for 342 Frank Street, Ottawa, Ottawa Centre

No listing history available

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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 342 Frank Street, Ottawa, Ottawa Centre

Summarized Description

  • Rarely available 6-unit property in Centretown.
  • Accessory 7th unit included for extra income.
  • Fully rented with a gross income of 196K.
  • Large, well-maintained 3-bedroom and 2-bedroom units.
  • Prime location with easy access to local amenities.
  • New boiler installed in 2025 for efficiency.

Rarely available 6-unit with accessory 7th unit in prime Centretown location. 200K Gross income. Fully rented. Six 3-bedroom units + one 2-bedroom unit. 3 Storey brick building. Large, well-maintained units. Easy walking to Bank street, Elgin and Parliament hill. New boiler 2025

Key Facts & Features

Property Costs

Annual Property Tax Amount
$21,051
Land Transfer Tax Fee
$46,350

Basement Type
Apartment

Interior Features

Laundry Level
Lower Level
Interior Extras
Separate Hydro Meter, Water Heater Owned
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None
Property Features
Public Transit

Building

Building Type
Multiplex
Building Style
3-Storey

Construction

Exterior Finish
Brick
Roof
Flat
Foundation Details
Stone
Special Designation
Unknown

Lot

Lot Front
59.66 ft
Lot Depth
66.00 ft
Lot Size
4015

Inclusions

Inclusions
7 Fridges, 7 stoves, 1 coin-operated washer and dryer

Exclusions

Exclusions
Tenant's possessions

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
0
Total Garage And Parking Spaces
0

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
None
Water
Municipal
Sewers
Sewer

Bedrooms
20
Washrooms
7
Kitchens
7

Washrooms

  • 4-piece

Municipality
Ottawa
Neighbourhood
Ottawa Centre
Main cross streets
O'Connor
Zoning
CM1
Directions
Corner of Frank & O'Connor
Waterfront
None

MLS® number
X13527154
Data source
Toronto Regional Real Estate Board
Listed on
2026-07-06
Updated on
2026-09-14
Days on market
107 days
Possession type
Flexible
Co-op commission
2%
Seller
Listed by
ROYAL LEPAGE PERFORMANCE REALTY

Home Market Value

Current home valuation for 342 Frank Street, Ottawa, Ottawa Centre, Ottawa, ON. Listed for $2,395,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 342 Frank Street, 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

$
Ottawa, ON
Minimum Down Payment Required:20.0%

20% required for homes $1.5M or more

Minimum down payment

$479,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$0$0$0$0
=Total mortgage
$1,916,000$1,796,250$1,676,500$1,556,750
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$9,355monthly$8,770monthly$8,186monthly$7,601monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$46,350

Total Land Transfer Tax

$46,350

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10/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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