50 Holland Avenue, Ottawa, Ontario K1Y0X4

Property Description

RARELY AVAILABLE TUNNEY'S PASTURE FOURPLEX. Offered for the first time in approximately 40 years, 50 Holland Avenue presents a compelling investment in the heart of Wellington Village. This two-storey property features four fully furnished residential units, including a 2-bedroom, 1-bedroom and two bachelor-style units, along with four parking spaces, separately metered hydro and shared coin-operated laundry.Two of the four units are currently vacant, giving investors the flexibility to occupy a unit or lease both at current market rents.Adding to its investment potential, a lower-level storage area previously had a kitchen and already features its own bathroom, offering potential for conversion into a fifth bachelor unit, subject to approvals and permits. Recent capital improvements include a new roof and rear decks in 2023, plus an owned tankless hot water system and exterior paint completed in 2025.Location is a major draw, with Tunney's Pasture Station only a 3-minute walk away and Wellington Street West, Hintonburg, restaurants, cafés, shops, parks and everyday amenities all nearby. With multiple rental income streams, value-add potential and excellent access to transit and downtown, 50 Holland Avenue offers investors a rare chance to secure a multi-residential property in one of Ottawa's most connected urban neighbourhoods. Book your private showing today. (id:5764)