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2 Bed Residential Freehold – 57 Spadina Avenue, West Centre Town, ON

$879,900 CAD

2
Bedrooms
2
Bathrooms

Property Description

Located in the heart of Ottawa’s vibrant West Centretown/Hintonburg area, 57 Spadina Avenue offers an incredible investment opportunity in one of the city’s most sought-after rental pockets. This duplex features two 1-bedroom apartments, with one unit currently vacant – ideal for owner occupancy, setting your own rent, or completing updates before leasing. This property offers strong income potential and plenty of upside for investors or handy buyers looking to add value. While the building could benefit from some updating and TLC, the unbeatable location makes this an opportunity you won’t want to miss. You will love being steps to Wellington Street West, trendy cafés, restaurants, local shops, grocery stores, parks, and everyday amenities. Walking distance to Tunney’s Pasture, the LRT, major transit routes, bike paths, and just minutes to downtown, Little Italy, and Civic Hospital. A fantastic chance to invest in a thriving urban neighbourhood with continued growth and demand. Great potential, exceptional location, and endless possibilities at 57 Spadina Avenue. Minimum 24-48 hrs. notice, upper unit vacant

Property Details

Type

Residential Freehold

Parking

2 spaces

All Photos

Location

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57 Spadina Avenue, West Centre Town, ON

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned and administered by The Canadian Real Estate Association (CREA). The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Used under license. Listing data is provided by PropTx LLC via the Amplify Syndication RESO Web API and is sourced from the MLS® System of the Toronto Regional Real Estate Board (TRREB) and other participating member boards.

Lease Cost Summary

Estimated occupancy costs based on the listed rate.

Listed Rate

$879,900 / mo

Monthly Cost

$879,900

Annual Cost

$10,558,800

* TMI (taxes, maintenance, insurance) and utilities may be additional. Talk to Maneesh for full lease terms.

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