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$1.90M · 8+2 bed Multiplex · 4405 - Ottawa East, Glebe - Ottawa East and Area | MyPropertyScout

$1,900,000

54 Centennial Boulevard

8+26TenantOccupied

Map

$1,900,000

A●●○○○

54 Centennial Boulevard

Glebe - Ottawa East and Area · Ontario K1S 0M9

MLS® X13022406 · 4405 - Ottawa East · K1S 0M9

8+26TenantOccupied3500-5000 ft²Multiplex1-car Detached$447/ft²$15,678 tax/yr

18% below market · regional est.

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

About this home

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 $102,316.92 and NOI of $73,429.92. Recent capital improvements include a full roofing system replacement in 2025, extensive masonry repairs in 2025 including brick replacement, repointing and structural crack remediation, and front entrance landscaping and concrete work completed…

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Property details

MLS#: X13022406
Status: Buy Now
Beds: 8+2
Baths: 6 full, 0 half
Size: 3500-5000
Style: 3-Storey
Type: Multiplex
Year built: —

Roof: Flat
Foundation: Concrete

Garage: 1-car Detached
Garage spaces: 1
Parking: 7 total
Heating: Radiant
Heating fuel: Gas
Cooling: None
Fireplaces: —
Pool: No
Waterfront: No
Exterior: Brick
Fronting on: South
Cross street: Centennial & Rideau Garden
Basement: Apartment
Stories: —
Utilities: —
Laundry: —
Interior: Carpet Free, Separate Hydro Meter
Parking features: Available, Reserved/Assigned

Rooms

Room dimensions are not available for this listing.

Property history

Sales History

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Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: SLEEPWELL REALTY GROUP LTD

Source: TRREB/PROPTX · MLS® X13022406

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$1.90M

54 Centennial Boulevard · Bryon Bertrim

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Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $1,900,000✓ $15,678 tax✓ Gas✓ 3500-5000 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$14,082/mo

incl. closing costs (yr 1)

Annual total

$168,979

year 1

Mortgage only

$7,208/mo

principal + interest

Beyond mortgage

$3,542/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$380,000

20%+ required — no CMHC insurance on $1.5M+ homes

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$1,307/mo

Utilities

Hydro / electricity$298/mo

≈ $0.07/ft² × ~4,250 ft² · ON avg ~$298/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$19,000/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$34,475

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)51% $86,496/yr

Property taxes30% $50,153/yr

Utilities4% $6,630/yr

Insurance & security1% $1,600/yr

Maintenance11% $19,000/yr

Closing costs3% $5,100/yr

Mortgage is 51% of your true cost of ownership. The other 49% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$86,496	$7,208/mo
Government & taxes
Property tax	$15,678	$1,307/mo
Land transfer tax(closing)	$34,475	$2,873/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$3,570	$298/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$19,000	$1,583/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$168,979	$14,082/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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54 Centennial Boulevard

About this home

MyStreetValue™ Analysis

Property details

Rooms

Sales History

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Annual costs