342 Frank Street, Ottawa Centre, ON
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Property Highlights
Welcome to this remarkable 3-Storey multiplex located in the coveted neighborhood of Ottawa Centre. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,450,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 20 Bedrooms and 7 Bathrooms with 7 functional kitchens
- Generous living space spanning 5000 + sqft on a premium 59.66 x 66 ft lot
- Features a apartment basement, adding superb versatility for recreation, a home gym, or extra storage
- 0.0 total parking spaces available
- Notable attributes: Separate Hydro Meter, Water Heater Owned
- Efficient forced air heating via gas
Description
Rarely available purpose built multi unit investment property in prime Centretown location. 196K Gross income. Fully rented. Six 3-bedroom unit+one 2-bedroom unit . 3 Storey brick building. Large, well-maintained units. Easy walking to Bank street, Elgin and Parliament hill. New boiler2025
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Key Features
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Additional Details
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Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Public Transit
Interior Features
- Separate Hydro Meter
- Water Heater Owned
Security Features
None listed
Community Features
None listed
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Frequently Asked Questions about 342 Frank Street, Ottawa Centre, ON
Q.What is the asking price for 342 Frank Street, Ottawa Centre, ON ?
The current listing price for 342 Frank Street, Ottawa Centre, ON in Ottawa Centre, Ottawa Centre is $2,450,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 20 bedrooms and 7 bathrooms across approximately 5000 + sqft.
Q.What property type and architectural style is 342 Frank Street, Ottawa Centre, ON ?
342 Frank Street, Ottawa Centre, ON is a Multiplex (3-Storey) featuring a Apartment basement.
Q.What key property features does 342 Frank Street, Ottawa Centre, ON offer?
Key property features include: Public Transit.
Q.What interior features are included in this home?
Interior highlights include: Separate Hydro Meter, Water Heater Owned.
Q.Is parking available at this property?
Yes, this property offers parking space for 0.0 vehicle (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via None.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Ottawa Centre, Ottawa Centre
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
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Property History
No historical data available for this property.
This could be the first listing for this address.
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Pricing & Value Insights
Data-driven valuation for 342 Frank Street, Ottawa Centre, ON K2P 0Y1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Ottawa Centre, ON
For a property listed at $2,450,000 in Ottawa Centre, the legal minimum down payment is $490,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $47,725 for this transaction. As this listing is in Ottawa Centre (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $47,725.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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