Size
-
Lot size
4917 sqft
Street frontage
-
Possession
Flexible
Price per sqft
$340 - $485
Taxes
$15,949 (2025)
Parking Type
-
Style
3-Storey
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Description
Incredible investment opportunity in Old Ottawa South! Large multi-unit on expansive 30' x 161' lot newer 3,000 sqft addition containing 3 additional apartments plus main front house. All 4 apartments tenanted. One 3-Bedroom unit, two 2-Bedroom units and one 1 Bedroom unit. The older front of home unit has been updated with hardwood floors, granite countertops and newer cabinetry and updated bathroom - it has it's own Furnace (2020), A/C (2017) and Hot Water Tank (Rental). New addition completed in 2017 with 2 Furnaces and 2 Central Air units. 3 Hydro meters, 3 gas meters and 1 water meter. All units have in-unit laundry. Sump pump 2017, Roof 2017. City of Ottawa has suggested plan of a 5-plex for potential income increase. Building is legal as it stands. Current total gross monthly rental income is $11,349.31. Annual gross income: $131,055.00. Annual expenses: $24,288.30. Annual net income: $106,766.70. Motivated vendor. PROPERTY SOLD AS IS WHERE. Cap rate: 6.3%.
Broker: ROYAL LEPAGE PERFORMANCE REALTY
MLS®#: X12812804
Property details
Parking:
2
Parking type:
-
Property type:
Multiplex
Heating type:
Forced Air
Style:
3-Storey
MLS Size:
3500-5000 sqft
Lot front:
30 Ft
Lot depth:
161 Ft
Listed on:
Feb 23, 2026
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Instant estimate:
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$174,550
lower than listed pricei
High
$1,600,673
Mid
$1,524,450
Low
$1,448,228
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