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Listed 17 days ago

33 Argyle Avenue

4104 - Ottawa Centre/Golden Triangle, Ottawa Centre

$1,479,900

Detached|3-Storey
4 | 4 | 2
About this home

33 Argyle Street offers more than a multi-unit property: it combines real estate, income and flexibility in the heart of Ottawa's Golden Triangle. This classic three-storey red brick triplex sits on a 33' x 99' lot with multiple parking spaces, a private backyard and an additional 4th bachelor suite in the lower level. Over nearly a decade, the owners have carefully maintained and improved the property to the tune of nearly $200,000, in addition to an extensive remodel carried out in approx 2013. All while building a fully licensed short-term rental operation with an established five-star Airbnb track record generating more than six figures in annual revenue. The main level suite features a 1-bedroom suite with additional Murphy-bed sleeping capacity. The second floor suite offers a flexible 2-bedroom layout, while the third level includes a bright 1-bedroom apartment with ductless A/C and a well-equipped kitchen. The basement, newly finished in recent years, offers a 4th separate bachelor suite. Continue the existing short-term rental model, transition to conventional tenancies, or explore an owner-occupied approach great for house-hacking or multi-generational living. Just steps from Elgin Street, the Rideau Canal, the Museum of Nature, downtown and Parliament Hill.

Extras

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Contact Ephy directly.

agent
Ephy Bookbinder
(416) 838-4804
TypeDetached
Style3-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$10,584
Lot Size33 ft x 99 ft
mls© NumberX13865042
Listed ByREAL BROKER ONTARIO LTD.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$7,575
Property tax
$882
Heat allowance
$150
Housing costs
$8,607 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $295,980
25-yr amortization

Income needed

$265,000

gross annual household income

Payment at 4%
$6,228 / mo
Cash down
$295,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Values and trends

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