7 hours on Market

420 Bronson Ave, Ottawa, Ontario K1R 6J6

Townhouse
5
5
~2000-2500 sqft
$1,300,000
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Townhouse
5
5
~2000-2500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$585/sqft

Est. Mortgage$5,583/mo

Tax Amount (2024)$5,878/yr

Days On Market7 hours


Description

Prime 5-unit turnkey investment in the heart of Ottawa! Looking to grow your real estate portfolio with a high-performing asset? Look no further. This exceptional 5-unit income property, located in one of Ottawa's most sought-after corridors, is a rare find that delivers on every front. The property generates an impressive $82,092 per year in gross income, with a solid net operating income of approximately $64,012 before debt service. Whether you're a seasoned investor or buying your first income property, this is a great opportunity offering both stability and growth potential. Just steps from Downtown Ottawa, vibrant Chinatown, and only minutes from the LRT station, this central and high-demand location ensures excellent tenant appeal and long-term value. Recent upgrades include a brand new driveway and hot water tank (2024), new eavestroughs and ice block grids (2023), full unit renovations between 2017 and 2020, and attic insulation with modern siding (20192020).The property also features five surface parking spots, easy access to OC Transpo, and is close to many walkable amenities, making it even more attractive to potential tenants and owners. This is a smart, strategic investment with modern updates, strong cash flow, and a prime location. Don't miss out properties like this don't last long!


Property Details

StyleOther
View-
Age of property100+
SqFt~2000-2500 SqFt
Lot Size3,019 SqFt(99 x 30.5)
Parking Spaces5
MLS ®NumberX12139312
Community NameWest Centertown
Data SourceTRREB
Listing byRIGHT AT HOME REALTY

Features

Heating: Water

Features

Lot size: 3,019 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Property History

May 10, 2025
ListedActive
$1,300,000
7 hours on market
history photo preview25
Listing by trreb®
Property listed by RIGHT AT HOME REALTY, Brokerage

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Market Data - West Centertown

Geo Zone Map ThumbnailWest Centertown

Balanced Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

27 days

Compared to

2024

24 days

2023

6 days

2022

16 days

New Listings

Past 30 days

5 listings

Compared to

2024

9 listings

2023

3 listings

2022

4 listings

Units sold

Past 30 days

4 units

Compared to

2024

5 units

2023

3 units

2022

3 units

Median Sold Price

Past 30 days

$695,000

Compared to

2024

$690,000

2023

$655,000

2022

$825,000


Population and Demographics

Overview

Total population 11252
Average household income $134,175

Age (%)

20 to 34
33%
35 to 49
21%
50 to 64
17%
65 and plus
15%
0 to 19
14%

Household composition (%)

Single person
50%
Single family
41%
Multi person
9%
Multi family
0%

Mother tongue (%)

English
72%
French
10%
English and French
3%
Yue (Cantonese)
3%
Mandarin
2%
Vietnamese
2%
Spanish
2%
Arabic
2%
Italian
2%
Others
0%

House tenancy (%)

Renters
67%
Owners
33%

Schools and amenities

Estimated Budget