$1,850,000
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54 Centennial Boulevard, Ottawa, ON K1S0M9

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- Beds
0 Baths
5,200 Sq Ft

Turnkey 6-unit investment opportunity in a strong rental location with significant upside potential. This well-maintained building features 2 two-bed, 2 two-bed + den, and 2 one-bed units with a current gross income of $106, 540.92 and NOI of $77, 653.92. Recent capital improvements include a full roofing system replacement in 2025, extensive masonry repairs in 2025 including brick replacement/repointing, and front entrance landscaping and concrete work completed in 2024. The pride of ownership is evident throughout with meticulously maintained exterior, common areas and landscaping. Unit mix offers strong rental growth potential, with the most recent lease (Unit 5) achieving $2, 000/month, highlighting upside on remaining two-bedroom units. The property includes 6 parking spaces and a garage currently used by the owner. A 2010 survey indicates potential for future development, with a large frontage and irregular lot allowing for reconfiguration of parking to unlock additional density. Additional value-add potential exists in the basement with storage and hydro meter rooms adjacent to Unit 1, offering the possibility of consolidation to enhance unit size or functionality. A rare opportunity to acquire a well-cared-for asset with both immediate income and long-term development potential. (id:58753)

Listing By: Adam Pearce - SLEEPWELL REALTY GROUP LTD
Source: CREA #X13022410 Listing provided courtesy of Canadian Real Estate Association
  • MLS® X13022410
  • Date Listed04/20/2026
  • Days on Realty 162 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size -
  • Property Type Multi Family
  • Water Public
  • Square Feet 5,200 sq. ft
  • Price Per Sq. Ft $355.77

Interior Features

  • Appliances Washer, Dishwasher, Dryer
  • Cooling None
  • Heating Hot water radiator heat, Natural gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Directions

Cross Streets: Centennial & Rideau Garden. ** Directions: From Main St, Turn onto Centennial Blvd.

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for K1S0M9

Discover key demographics, population statistics, and environmental insights for the Ottawa, ON area.

Walkability in ON / K1S0M9

Source: Walk Score

30/100

Car-Dependent

Walk Score ®

70/100

Excellent Transit

Transit Score ®

80/100

Very Bikeable

Bike Score ®

Overview

Most errands require a car. Transit is convenient for most trips. Biking is convenient for most trips.

Transit Summary

38 nearby routes: 38 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 65/100, Transit Score: 58/100, Bike Score: 79/100.

Points of Interest near 54 CENTENNIAL BOULEVARD, Ottawa, ON K1S0M9

Frequently Asked Questions for 54 CENTENNIAL BOULEVARD

Source: Realty.com

54 CENTENNIAL BOULEVARD, Ottawa, ON K1S0M9 in Ottawa, ON K1S0M9 is a multi family listed at $1,850,000. Highlights include 5,200 sq. ft., $356 per sq. ft.. Realty.ca has 38 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 38 photos of 54 CENTENNIAL BOULEVARD.

The full address for this home is 54 CENTENNIAL BOULEVARD, Ottawa, ON K1S0M9.

54 CENTENNIAL BOULEVARD has been listed on Realty.com since Mon April 20, 2026

Most errands require a car. Transit is convenient for most trips. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 65/100, Transit Score: 58/100, Bike Score: 79/100.

This content last refreshed on 2026-09-29 14:51:57. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.