For Sale: 45 Bell Street N, Ottawa, ON - REW
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$719,900
4 bd • 2 ba • 2000 - 2499 sf • Multifamily
45 Bell Street N
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$719,900
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45 Bell Street NOttawa, ON, K1R 7C5

West Centretown
  • 4 Bed
  • 2 Bath
  • 2000 - 2499 Sqft
  • Multifamily

About this home

Exceptional investment opportunity in the heart of Centretown! This well-maintained and recently renovated LEGAL duplex offers the perfect combination of strong cash flow, owner-occupancy flexibility, and long-term value in one of Ottawa's most desirable urban neighbourhoods. Featuring two spacious 2-bedroom units, each with its own private entrance, separate hydro meter, and in-unit laundry, this turnkey property is ideal for investors and homeowners alike. Numerous updates include renovated kitchens and bathrooms, updated plumbing and electrical, fire escapes brought up to code, fresh paint throughout, updated flooring, fencing improvements, and countless other upgrades that contribute to the property's excellent condition and tenant appeal. A rare bonus for Centretown, the property includes 3 parking spaces, a highly sought-after feature for both tenants and owners. Investors will appreciate the potential for a return exceeding 7.0%, while owner-occupants can live in one unit and rent the other to significantly offset mortgage costs. Landlord pays heat and water, while tenants pay their own hydro through separate meters. Ideally located steps from Bank Street, Chinatown, Little Italy, public transit, parks, cafés, restaurants, shopping, entertainment, government offices, and some of Ottawa's most vibrant urban amenities. Residents enjoy easy access to Dow's Lake, the Rideau Canal, LeBreton Flats, Carleton University, the University of Ottawa, and downtown employment hubs. With strong rental demand, exceptional walkability, and major updates already completed, this is a rare opportunity to acquire a quality income property in one of Ottawa's most established and sought-after neighbourhoods. (id:63626)
Listed by: Itai Olej, Salesperson, TRU REALTY

Home facts and features

Price details
List Price
$719,900
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Gross Taxes for 2025
$5,142
Home facts
Bedrooms
4
Full Bathrooms
2
Parking Spaces
3
Parking Details
No Garage
Property Type
Multifamily
Depth
75 feet
Frontage
33.0 feet
Exterior Finish
Vinyl siding
Heating Type
Forced air, Natural gas
Cooling
Central air conditioning
Basement Details
Unfinished, Partial,
Features
Lane, Separate Heating Controls
Community
Agent details
Primary Agent
Itai Olej
Primary Broker
TRU REALTY
Listing details
Days on REW
1 Day
MLS® Number
X13583114
Source
Canadian Real Estate Association
Board
Ottawa Real Estate Board
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Cambridge Street Community Public School
  • Public
  • JK - 6
St Anthony Elementary School
  • Catholic
  • JK - 6
Centennial Public School
  • Public
  • JK - 8
Devonshire Community Public School
  • Public
  • JK - 6
Glashan Public School
  • Public
  • 7 - 8
Glebe Collegiate Institute
  • Public
  • 9 - 12
É Élém C Saint-François-d'Assise
  • Catholic
  • JK - 6
Corpus Christi Catholic Elementary School
  • Catholic
  • JK - 6
Elgin Street Public School
  • Public
  • JK - 6
Mutchmor Public School
  • Public
  • JK - 6
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
Itai Olej
Phone:
(613) 601-5925
Office:
343-300-6200
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This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.