159 Frank Street

159 Frank Street
159 Frank Street
159 Frank Street
+47
11
 bed
7
 bath
7
 parking
5000 - 65535
 sqft
Multiplex
$2,600,000
For Sale
7 days
 on site
$2,600,000
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Size
-
Lot size
4392 sqft
Street frontage
-
Possession
2025-09-01
Price per sqft
$40 - $520
Taxes
$17,016.49 (2025)
Parking Type
-
Style
3-Storey
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Description
Absolutely pristine investment property 7-unit building with top-dollar rents and an unbeatable location. Over $1.3 million in renovations completed in 2011, including all-new electrical, heating systems, kitchens, bathrooms, windows, and flooring top-to-bottom transformation. Situated in the prestigious Golden Triangle, just two blocks from the Rideau Canal and Elgin Street's vibrant cafes, restaurants, shops, and transit. This immaculate building features large, spacious units, soaring 10-foot ceilings, hardwood floors, and abundant natural light through large windows. Kitchens boast granite countertops, quality appliances, and ample storage. Professionally managed with excellent tenants and zero vacancies a true turnkey opportunity. Includes 7 outdoor parking spaces offering added rental income potential. Residents enjoy nearby parks, tennis courts, bike paths, and easy access to the NAC and downtown core. With a net operating income (NOI) of over $128,700 and priced at $2,600,000, this is a rare opportunity to own a beautifully renovated, fully leased investment property in one of Ottawa's most desirable neighborhoods.
Broker: ROYAL LEPAGE TEAM REALTY
MLS®#: X12306932
Property details
Parking:
7
Parking type:
-
Property type:
Multiplex
Heating type:
Water
Style:
3-Storey
MLS Size:
5000-65535 sqft
Lot front:
49 Ft
Lot depth:
89 Ft
Listed on:
Jul 25, 2025
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Instant estimate:
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$52,653
lower than listed price
i
High
$2,674,714
Mid
$2,547,347
Low
$2,419,980
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69 DONALD Street
1/50
$2,770,000
66 days
69 DONALD Street
11BD
9BA
7 Parking
5,000-65,535 sqft
MLS#: X12176876
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About 159 Frank Street

Located at 159 Frank Street, this Ottawa multiplex is available for sale. It was listed at $2600000 in July 2025 and has 11 beds and 7 bathrooms. Situated in Ottawa's Centre Town neighbourhood, Downtown Ottawa, Sandy Hill, Old Ottawa East and The Glebe are nearby neighbourhoods.

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this multiplex.

If you are reliant on transit, don't fear, there is a Bus Stop (ELGIN / ARGYLE) a 3-minute walk.