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. (id:25961)
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Rooms
| Level | Type | Dimensions |
|---|
Details
- Features: Lane
- Parking Spaces: 3
- Transaction: For sale
- Zoning Description: R4H, Unassigned
Building
- Amenities: Separate Heating Controls
- BasementType: N/A (Unfinished), Partial
- Basement Development: Unfinished
- Bedrooms Main Level: 4
- Cooling: Central air conditioning
- Exterior Finish: Vinyl siding
- Fireplace Present: False
- Foundation: Stone
- Bathrooms (Total): 2
- Heating: Forced air
- Heating Fuel: Natural gas
- Size Interior: 2000 - 2500 sqft
- Stories Total: 2
- Type: Duplex
- Utility Water: Municipal water
Land
- Sewer: Sanitary sewer
- Size Frontage: 33 ft
- Size Irregular: 33 x 75 FT
Listing provided by TRU REALTY
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 45 BELL STREET N in Ottawa Ontario. It was last modified on July 20th, 2026. Contact Biju George to schedule a viewing or to discover other Ottawa homes for sale.














































