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:47824)
MLS® Number | X12104946 |
Property Type | Multi-family |
Neigbourhood | Centretown West |
Community Name | 4205 - West Centre Town |
Parking Space Total | 5 |
Bathroom Total | 4 |
Bedrooms Above Ground | 6 |
Bedrooms Total | 6 |
Appliances | All |
Basement Development | Unfinished |
Basement Type | N/a (unfinished) |
Exterior Finish | Stucco, Stone |
Foundation Type | Concrete, Stone |
Heating Fuel | Natural Gas |
Heating Type | Forced Air |
Stories Total | 2 |
Size Interior | 1500 - 2000 Sqft |
Type | Fourplex |
Utility Water | Municipal Water |
No Garage |
Acreage | No |
Sewer | Sanitary Sewer |
Size Depth | 91 Ft ,6 In |
Size Frontage | 50 Ft |
Size Irregular | 50 X 91.5 Ft ; 0 |
Size Total Text | 50 X 91.5 Ft ; 0 |
Zoning Description | R4t |
https://www.realtor.ca/real-estate/28217418/48-louisa-street-ottawa-4205-west-centre-town
Contact us for more information
Yanick Dagenais
Salesperson