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Builder and developer opportunity in the heart of West Centretown. 141 Percy St is a CM1-zoned brick duplex on a 272 sq m (50x58 ft) lot offering many permitted mixed-use/commercial uses, steps from Somerset West, Little Italy, and the Gladstone commercial corridor. Existing property (1,476 sq ft above grade / 4 bed / 2 bath / 2 kitchens across two self-contained units) generates holding income while you plan: market rents support $1,900-2,100/unit plus $170+/space/month on 4 private drive spaces ($8,160+/yr parking). Offered by the Estate at $869,900 - as-is, where-is, vacant possession, probate complete, flexible closing. 24-hour irrevocable on all offers.
Inclusions
2x Stove, 2x Fridge, washer, dryer, all curtains (excl. LR curtains), all curtain rods, furniture remaining at closing may be included
Exclusions
Sectional sofa + table lamp (main floor LR), soft stage decorations, basement and shed contents, living room curtains, personal belongings
Broker
ROYAL LEPAGE INTEGRITY REALTY
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Investment
141 Percy Street Ottawa
Ottawa Centre
Type
Investment
Parking
None
Property Tax
~$6,894/yr
Heating
Gas Forced Air Open
Buying Essentials
Square Feet
1476 sqft
Parking
None
Finances
List Price
$849,900
Price per SQFT
$576/sqft
Property Tax
~$6,894/yr
Property Specs
Property Type
Investment
MLS Size
1476 sqft
Living & Amenities
Heating Type
Gas Forced Air Open
Policies & Utilities
Neighbourhood
Ottawa Centre
Listed On
Aug 6, 2026
Public Transit
Days on Market
Current: 93 days
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