169 Florence Street, Ottawa Centre, ON
Property Highlights
Welcome to this remarkable 2-Storey duplex located in the coveted neighborhood of 4103 - Ottawa Centre. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,098,800 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.
- 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 24.95 x 108.78 ft lot
- Features a unfinished, separate entrance, walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Carpet Free, Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 169 Florence Street where you will find this beautiful and totally remodelled duplex in the heart of centretown located on a super quiet street! Approx $300k has been invested by the same family which has owned the property for over 50 years! Absolute high quality materials and craftsmanship is evident from the moment you enter with features such as new steel exterior & interior doors,remodelled kitchens featuring quartz countertops and stainless appliances, fully remodelled bathrooms w/quartz topped vanities, new insulation in attic & main level, updated electrical,new drywall,plumbing/heating piping,recessed LED lighting,luxury vinyl flooring, new appliances including new washer/dryers for both apts, painted steel stairs at rear of bldg for upper unit for fire escape, high efficiency gas furnace'15, new A/C unit '24, windows replaced approx.2000, updated front balcony area w/new soffits. New (up to code) smoke detectors installed throughout, new stucco installed at rear 2022. Property consists of 2 units- main level apt#1- (2 bedrooms) rented to excellent tenants $2500.00/month on a month to month basis and upper level apt#2 (2 bedroom + den) leased until April 30th 2027 also rented to great tenants at $2550.00/mo.for a total of $60,600.00/year. (both apt. tenants pay their own hydro).The spacious basement area has dry,concrete floors and is approx 5' in height and features an as-is bathrm plus direct access to outside. 1 electric hwt (owned) for upper level unit and 1 gas hwt (rented) for main level unit. 2 separate hydro meters. Attic space may also offer additional living space potential! Parking at rear can accommodate up to 3 cars!! Don't miss this opportunity to own this lovingly maintained, turn-key duplex in a fantastic location so close to countless amenities,bus routes and queensway. 24 hr irrevocable for offers.
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Carpet Free, Primary Bedroom - Main Floor
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Pricing & Value Insights
Data-driven valuation for 169 Florence Street, Ottawa Centre, ON K1R 5N8
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About Purchasing a Home in Ottawa Centre, ON
For a property listed at $1,098,800 in Ottawa Centre, the legal minimum down payment is $219,760 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 $18,451 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 $18,451.
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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.