InvestmentOn market 185 daysPrice drop · $50,000 off (-2.6%)
54 Centennial Blvd, Glebe - Ottawa East and Area
Glebe - Ottawa East and Area, ON · · MLS® X13022410Updated
$1,850,000
Type Investment
What you should know
54 Centennial Blvd is an investment in Glebe - Ottawa East and Area, listed for $1,850,000.
1Turnkey 6-unit investment opportunity in a strong rental location with significant upside potential.
2The property includes 6 parking spaces and a garage currently used by the owner.
3A 2010 survey indicates potential for future development, with a large frontage and irregular lot allowing for reconfiguration of parking to unlock additional density.
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Commercial Property in Glebe - Ottawa East and Area
About 54 Centennial Boulevard
Turnkey 6-unit investment opportunity in a strong rental location with significant upside potential. This well-maintained building features 2 two-bed, 2 two-bed + den, and 2 one-bed units with a current gross income of $106,540.92 and NOI of $77,653.92. Recent capital improvements include a full roofing system replacement in 2025, extensive masonry repairs in 2025 including brick replacement/repointing, and front entrance landscaping and concrete work completed in 2024. The pride of ownership is evident throughout with meticulously maintained exterior, common areas and landscaping. Unit mix offers strong rental growth potential, with the most recent lease (Unit 5) achieving $2,000/month, highlighting upside on remaining two-bedroom units. The property includes 6 parking spaces and a garage currently used by the owner. A 2010 survey indicates potential for future development, with a large frontage and irregular lot allowing for reconfiguration of parking to unlock additional density. Additional value-add potential exists in the basement with storage and hydro meter rooms adjacent to Unit 1, offering the possibility of consolidation to enhance unit size or functionality. A rare opportunity to acquire a well-cared-for asset with both immediate income and long-term development potential.
Glebe - Ottawa East and Area investment priced at $1,850,000 — book a tour to see if it fits your search.
Inside 54 Centennial Blvd
Every detail from the listing, in one place.
Type
Investment
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Investment
54 Centennial Blvd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works
Glebe - Ottawa East and Area market, last 90 days
Median sold price
$1,090,000
Average sold price
$1,233,459
Average days on market
22
Homes sold
127
Closed sales on the TRREB MLS®.
Living in Glebe - Ottawa East and Area: Location & Amenities
Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
How long is your commute?
From 54 Centennial Blvd. Typical times without traffic delays; transit times aren't available yet.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Glebe - Ottawa East and Area
Other homes for sale in Glebe - Ottawa East and Area around $1.9M.
Average days on market22Homes sold in about 22 days on average.
Sale-to-list ratio100.1%On average, homes sold at or above asking.
Active listings111Homes for sale here right now.
Median vs prior 90 days+7.7%Compared with Apr 25 – Jul 24, 2026: prices up.
Based on 127 sales from Jul 24 – Oct 22, 2026 (72 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
54 Centennial Blvd is listed at $1,850,000 (MLS® X13022410). Summitly updates the price as soon as the MLS® record changes.
Has the price of 54 Centennial Blvd changed?
Yes — it was first listed at $1,900,000 and is now $1,850,000, a drop of $50,000 (2.6%).
How many bedrooms and bathrooms does 54 Centennial Blvd have?
The listing for 54 Centennial Blvd doesn't publish its bedroom and bathroom count. It is a commercial property in Glebe - Ottawa East and Area.
Is 54 Centennial Blvd close to transit?
The nearest rapid-transit station is Hurdman Station (O-Train Line 1), about 1.2 km (about a 15-minute walk) in a straight line. Lees Station is about 1.5 km (about a 19-minute walk), and Tremblay Station is about 2.1 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 54 Centennial Blvd compare with other homes in Glebe - Ottawa East and Area?
Its asking price of $1,850,000 is about 70% above the median sold price in Glebe - Ottawa East and Area over the last 90 days, $1,090,000, across 127 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 54 Centennial Blvd been sold before?
Summitly has no earlier MLS® sale or lease of 54 Centennial Blvd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 54 Centennial Blvd?
54 Centennial Blvd is in Glebe - Ottawa East and Area, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 54 Centennial Blvd been on the market?
185 days — 54 Centennial Blvd was listed on April 20, 2026.
What is the land transfer tax on 54 Centennial Blvd?
About $33,475 in Ontario land transfer tax at the asking price of $1,850,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 54 Centennial Blvd or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 54 Centennial Blvd?
The listing for 54 Centennial Blvd doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Glebe - Ottawa East and Area.
When was 54 Centennial Blvd built?
The listing for 54 Centennial Blvd doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
