Listed by Sleepwell Realty Group Ltd.

54 Centennial Boulevard is a Multiplex, 3-Storey and is currently for Sale @ $1,900,000. Taxes in 2025 were $15,678.00.

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Turnkey 6-unit investment opportunity in a strong rental location with significant upside potential. The 3-Storey on 54 Centennial Boulevard has 8 bedrooms, 6 bathrooms, and is located in the community of Ottawa East . 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 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 3) 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.

6 fridge, 6 stove, 2 dishwasher, coin op washer, coin op dryer

The address 54 Centennial Boulevard was listed for sale (MLS# X13022406) on Monday, April 20, 2026.