Residentiae.
For Sale · Central Lakes

7 OTTAWA STREET E

Central Lakes · K0L0A7

$429,000

9Bedrooms
4Bathrooms
6Parking
2,000Sq Ft
2Storeys

About this residence

4 Plex currently being used as a rooming house but could easily be converted back to a 4 plex. There are 9 bedrooms and they are all fully rented. Good income. There is a 1-1 bdrm. unit, 1-2 bdrm. unit, 1-3 bdrm. unit downstairs and a 1-4 bdrm. unit upstairs. Newer furnace. Commercial zoning with residential use. (id:61366)

Property details

Property type
Multi-family
Style
Other
Bedrooms
9 (9 above)
Bathrooms
4
Storeys
2
Living area
2,000–2,500 sq ft
Lot size
66 x 121 FT
Frontage
66 feet
Parking
6 spaces
Annual tax
$3,509
MLS®
X10432390
Board
Central Lakes
Status
Inactive
Listed
Nov 20, 2024
Updated
Oct 28, 2025

Room dimensions

RoomLevelDimensions
KitchenMain level3.048 × 3.048 m

Features & finishes

Appliances

  • Refrigerator
  • Stove
  • Water Heater

Heating

  • Forced air
  • Natural gas

Basement

  • Partially finished

Exterior

  • Vinyl siding

Foundation

  • Stone

Sewer & Utilities

  • Sanitary sewer
  • Cable
  • Electricity
  • Sewer

Financing

Mortgage calculator

Estimated monthly payment

$2,006/mo

Amortization

Loan amount

$343,200

Down payment

$85,800

Estimate only. Rates and terms vary by lender and qualification.

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Location & area

Central Lakes

About the area

Census · K0L
78,142
Population
54
Median age
$79,000
Median income
$500,000
Median home value
88%
Home ownership
31 min
Avg. commute

Age distribution

0–14
13%
15–24
8%
25–44
19%
45–64
31%
65+
29%

Tenure

88% owners12% renters

Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.

Powered by Neighbourly.io
Good to know

Frequently asked questions

What is the asking price for 7 OTTAWA STREET E?

7 OTTAWA STREET E is listed for $429,000, in Central Lakes.

How many bedrooms and bathrooms does 7 OTTAWA STREET E have?

It offers 9 bedrooms and 4 bathrooms.

What type of home is 7 OTTAWA STREET E?

7 OTTAWA STREET E is a Multi-family, Other set over 2 storeys.

How large is 7 OTTAWA STREET E?

The home offers approximately 2,000–2,500 sq ft of living space on a lot measuring 66 x 121 FT.

What would the monthly mortgage payment be?

With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $2,006. Use the mortgage calculator above to model your own scenario.

What are the annual property taxes?

Property taxes are approximately $3,509 per year.

Is there parking?

Yes — 7 OTTAWA STREET E includes 6 parking spaces.

What is the Central Lakes area like?

Central Lakes has a population of about 78,142, a median age of 54, a 88% home-ownership rate, with an average commute of about 31 minutes.

What is the average home value in Central Lakes?

The median dwelling value in this area is approximately $500,000, based on census data via Neighbourly.

What is the median household income in Central Lakes?

The median household income in this area is approximately $79,000.

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