342 Frank Street, Ottawa Centre, ON K2P 0Y1
4103 - Ottawa Centre, Ottawa Centre · Near O'Connor · View map
About this home
Rarely available 6-unit with accessory 7th unit investment property in prime Centretown location. 200K Gross income. Fully rented. Six 3-bedroom units + one 2-bedroom unit . 3 Storey brick building. Large, well-maintained units. Easy walking to Bank street, Elgin and Parliament hill. New boiler 2025.
The home
- Type
- Investment
- Square footage
- 9000 sq ft
- Lot size
- 59.7 x 66 ft
- Approximate age
- 100+ years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Closed
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $21,051/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- O'Connor
- Neighbourhood
- 4103 - Ottawa Centre
More
- MLS® number
- X13527146
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
342 Frank Street, Ottawa Centre, ON K2P 0Y1
4103 - Ottawa Centre, Ottawa Centre · Near O'Connor
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Listing history for 342 Frank Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 342 Frank Street
Answers come straight from this home’s MLS® listing.
How much is 342 Frank Street listed for, and what would it cost each month?
342 Frank Street is listed for $2,395,000. With 20% down ($479,000), the mortgage payment would be roughly $9,661 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $11,415 a month, all in. That figure is an illustration, not a quote.
Is 342 Frank Street freehold or a condo, and is there a monthly fee?
342 Frank Street is a investment in 4103 - Ottawa Centre, Ottawa Centre. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 342 Frank Street have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 342 Frank Street?
342 Frank Street is an investment. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 342 Frank Street, and what is the lot size?
The lot is listed as 59.7 x 66 ft.
How is 342 Frank Street heated and cooled?
Heating is gas forced air closed. The listing does not show air conditioning.
What are the property taxes for 342 Frank Street?
Property taxes are $21,051 a year (2026), or about $1,754 a month.
Where is 342 Frank Street?
342 Frank Street is in the 4103 - Ottawa Centre community of Ottawa Centre. The nearest main intersection is O'Connor. The postal code is K2P 0Y1.
Is 342 Frank Street still for sale?
Yes. It is an active listing (MLS® X13527146). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 342 Frank Street asking?
Similar properties for sale nearby right now include 342 Frank Street at $2,395,000 (20 bed), 330 Kent Street at $2,495,000 and 475 MacLaren Street at $1,696,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 342 Frank Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 342 Frank Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near 4103 - Ottawa Centre, picked by style, size and price.
Multiplex$2,395,000342 Frank Street, Ottawa Centre20 bed · 7 bath · 4103 - Ottawa CentreCourtesy of: ROYAL LEPAGE PERFORMANCE REALTYView home →
Commercial retail$2,495,000330 Kent Street, Ottawa Centre4103 - Ottawa CentreCourtesy of: AVISON YOUNG COMMERCIAL REAL ESTATE SERVICESView home →
Investment$1,696,000475 MacLaren Street, Ottawa Centre4103 - Ottawa CentreCourtesy of: LPT REALTYView home →Courtesy of: ROYAL LEPAGE PERFORMANCE REALTY
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.