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$1,600,000
Est. payment /mo
6,512 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 6,512 sqft
Price per Sqft $245
Subdivision 4408 - Ottawa East
MLS Listing ID X12067049
Annual Tax Amount $11,084
Tax Year 2024
Property Sub-Type Investment
Property Description
Welcome to a standout investment opportunity in the heart of downtown Ottawa! Located in a quiet, highly desirable neighborhood, this meticulously maintained multi-unit residential property offers the perfect blend of stability and future upside. Comprised of 6 fully rented units, it also features a finished, vacant 7th unit offering the potential to legalize and create additional rental income. With 7 total parking spots and strong tenant demand, this property is well-positioned for long-term growth. Recent upgrades include a newer boiler (2022), fire retrofit completed (2025), and separate hydro meters for all units ensuring simple, transparent management for both landlord and tenants. Rarely do you find an income property of this age in such exceptional condition. Whether you're a seasoned investor or just getting started, this is a prime opportunity to acquire a turn-key asset in one of Ottawa's most sought-after locations.
Location
Province ON
County Ottawa
Community 4408 - Ottawa East
Area Ottawa
Zoning R4UD
Interior
Cooling No
Exterior
Utilities Available Available
Lot Frontage 66.05
Lot Depth 98.82
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Listed by CENTURY 21 SYNERGY REALTY INC