45 Bell Street N,West Centre Town, ON K1R 7C5
West Centre Town, ON K1R 7C5
Description
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.
Details
| MLS # | X14130934 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Price Change |
| Year | 0 |
| Days On Site | 14 |
| Listing Provided By | TRU REALTY | X14130934 509600 |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.06 |
Interior
| Interior Features | Carpet Free, Separate Hydro Meter, Storage, Sump Pump, Water Heater Owned |
|---|---|
| Lease To Own Equipment | None |
| Cooling | Central Air |
| Heat Source | Gas |
| Fireplace Yes / No | No |
Exterior
| Exterior Features | Porch |
|---|---|
| Roof | Flat |
| Foundation Details | Stone |
| Topography | Flat |
| Construction Materials | Aluminum Siding |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Lane, Private, Tandem |
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 5142 |
|---|---|
| Tax Legal Description | PT LT 128, PL 3459 , E BELL ST, AS IN N557690 ; OTTAWA/NEPEAN |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| County | Ottawa |
| City | West Centre Town |
| Postal Code | K1R 7C5 |
| Area | 4205 West Centre Town |
| Listing VS Median (in K1R 7C5) | |
Price: $649,900 low | high Med: $0 On site: 14 low | high Med: | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Ottawa |
| City | West Centre Town |
| Postal Code | K1R 7C5 |
| Area | 4205 West Centre Town |
| Listing VS Median (in K1R 7C5) | |
Price: $649,900 low | high Med: $0 On site: 14 low | high Med: | |
