For sale
Fourplex

48 Louisa Street

$989,000
Ottawa, Ontario, K1R 6Y8

Overview

  • Updated On:
  • April 25 2025
  • MLS® Number
  • X12104946
  • 6 Bedrooms
  • 4 Bathrooms

Description

Welcome to 48 Louisa. Investment opportunity; four plex in West Centre town zoned R4T. Located on an oversize lot (49.93ft x 91.84ft) in a thriving neighbourhood perfect for young professionals. Walking distance to Little Italy. Large home that houses 3 units & separate bungalow, four units in total. APT. 1 - Featuring 2 bedrooms, oversized family room, modern bathroom & front yard patio area -> Rented at $2,200/monthly (12 month lease converting month to month Dec. 1st 2025 / electricity, heat, water included). APT. 2 - Bachelor with convenient balcony access & bathroom -> Rented at $1,148/monthly (Rent going up to 1,177 June 1st, 2025 / electricity, heat, water included). APT. 3 - Featuring 1 bedroom + den/office & 1 bathroom -> Rented at $1,486/monthly (Rent going up to $1,523 Jan. 1st, 2025 / electricity, heat, water included). APT. 4 - Featuring 2 bedrooms, 1 bathroom & private exclusive yard -> Rented at $1,164/monthly (Rent going up to $1,193 Nov. 1st, 2025 / hydro paid by tenant). Shared pay per use laundry in the basement adding approx. $800 in yearly income. 5 surface outdoor parking. Great current & future value. BOOK YOUR PRIVATE SHOWING TODAY!!! (id:57887)

Price:
Price Info:
Property Type: Multi-family
Building Type: Fourplex
Storeys: 2
Neighbourhood: Centretown West
Appliances
All
Cooling & Heating
Natural gas
Forced air
ExteriorFinish
Stucco
Stone
$ 5,070.80
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 3,834.55
Bedroom
BedroomsAboveGround: 6
BedroomsTotal: 6
Bathroom
BathroomTotal: 4
Basement
BasementDevelopment: Unfinished
BasementType: N/A (Unfinished)
Size
SizeInterior: 1500 - 2000 sqft
Construction
FoundationType: Concrete, Stone
Utility
UtilityWater: Municipal water
Acreage: No
Sewer: Sanitary Sewer
SizeDepth: 91 Ft ,6 In
SizeFrontage: 50 Ft
SizeIrregular: 50 X 91.5 Ft ; 0
SizeTotalText: 50 X 91.5 Ft ; 0
ZoningDescription: R4t
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