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4204 - West Centre Town, West Centre Town
$988,000
Presenting 20 Primrose Avenue, a legal duplex in one of Ottawa's most sought-after neighbourhoods, offering both immediate rental income and enduring investment value through two thoughtfully configured self-contained units. The main-level residence spans two floors and comprises three bedrooms and a full bathroom, while the lower-level suite features two bedrooms and one full bathroom. -Each unit with separate entrances and independently metered utilities, including two hydro meters, one gas meter, and three water meters for effortless tenant billing. Recent capital improvements provide exceptional peace of mind, including a metal roof installed in 2016, a brand-new boiler system commissioned in 2025, and energy-efficient windows replaced within the last fifteen years. A single-car garage adds further convenience, while the property's prime location places residents moments from the scenic Ottawa River, and foot steps to Le Breton flats, Saint Vincent hospital, little Italy and Chinatown! Complete with an occupancy permit and survey on file, and with the main floor currently leased for reliable cash flow, this impeccably maintained duplex represents a rare opportunity for the discerning investor seeking both stability and refinement. The home is heated by a boiler installed in 2025, which serves both the upstairs and downstairs units. The upstairs also benefits from a heat pump installed in 2024, while the downstairs is equipped with a heat pump installed in 2025 as well as baseboard heating. Hot water is supplied by two 40-gallon water heaters, both purchased and installed in 2026.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 16-30 |
| Size | 2000-2500 sq. ft. |
| Property Tax | $7,098 |
| Lot Size | 100 ft x 19.7 ft |
| mls© Number | X13595602 |
| Listed By | COLDWELL BANKER FIRST OTTAWA REALTY |
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%
- $5,057
- Property tax
- $592
- Heat allowance
- $150
- Housing costs
- $5,799 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$178,000
gross annual household income
- Payment at 4%
- $4,158 / mo
- Cash down
- $197,600
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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