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 $2,300/monthly (electricity, heat, water included). APT. 2 - Bachelor with convenient balcony access & bathroom -> Rented at $1,350/monthly (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 $1,194/monthly (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!!!
Address
48 Louisa Street
List Price
$899,000
MLS® Status
New
Expiration Date
2026-07-31
Property Type
Residential Freehold
Type of Dwelling
Fourplex
Style of Home
2-Storey
Transaction Type
Sale
Area
West Centre Town
Sub-Area
4205 - West Centre Town
Region
Ottawa
Bedrooms
6
Bedrooms (Total)
6
Rooms Above Grade
10
Rooms Below Grade
10
Bathrooms
4
Floor Area
2500-3000 Sq. Ft.
Lot Depth
91.5
Lot Size Units
Feet
Lot Width
50
Parcel Number
041050049
Occupant Type
Tenant
Cross Street
HW17
Approx. Age
100+ Years
MLS® Number
X12663214
Listing Brokerage
RE/MAX HALLMARK REALTY GROUP
Basement Area
Partially Finished
Postal Code
K1R 6Y8
Posession Details
Flexible
Parking Places (Total)
4
Parking Spaces
4
Tax Amount
$6,532.78
Tax Year
2025
Interior Features
None
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Ottawa Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Vinyl Siding
Direction Faces
North
Fireplace
No
Foundation Details
Stone
Garage
No
Garage Type
None
Kitchens Total
4
Kitchens Above Grade
4
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
LT 8, PL 48 ; OTTAWA/NEPEAN
Waterfront
No
Sewer
Sewer