Space
Finished area and layout
- Living Area
- 10,539 sqft
+13 more
10,539 sqft
Living Area
79.9 x 131.93 ft
Lot
8
Parking
Property Snapshot
Key details for this listing
MLS #X13206444
Property
Type, style and structure
- Type
- residential
- Style
- multi-family / Multiplex
- Ownership
- Freehold
Lot
Land, frontage and setting
- Lot
- 79.9 x 131.93 ft - 79.9 x 131.93 FT ; 0
About This Property
This multi-family in Ottawa offers 10,539 sqft of living area on a 79.9 x 131.93 ft lot. The property has lot dimensions of 79.9 x 131.93 FT ; 0. The home features baseboard heaters heating. Highlights include a 8-car garage.
MLS Remarks
Outstanding Multi-Family Investment with Income & Future Potential. Located in Ottawas east end, this well-maintained 6-unit apartment building offers both stable rental income and exciting long-term growth opportunities. Sitting on a generously sized 0.24-acre lot (~80 ft frontage x ~132 ft depth), the property combines strong cash flow with excellent redevelopment potential. Currently fully occupied, the building generates over $10,031 in monthly rental income (~$120,372 annual), making it an attractive turnkey investment from day one. The unit mix is highly rentable and diverse: three 2-bedroom units, two 1-bedroom units, and one bachelor apartment. Recent improvements include a new 50-year roof installed in 2018 and modern renovations in several units, reducing future maintenance concerns and enhancing tenant appeal. The property is zoned R1WW[637], unlocking possibilities for future development while maintaining immediate income stability. The location is a major asset- just minutes from Highway 417, Blair and Cyrville LRT stations, shopping centres, restaurants, and everyday conveniences. Tenants benefit from excellent connectivity, while investors gain peace of mind knowing the property is situated in a desirable and growing area. Whether you are looking to expand your multi-family portfolio, secure a reliable cash-flowing property, or position yourself for redevelopment in the future, this building checks all the boxes. A rare opportunity to invest in a strong-performing asset with both present income and future upside. (id:60351)
Full Listing Details
Address1549 MAXIME STREET
MLS#X13206444
Listing StatusActive
Property TypeResidential
Sub-TypeMulti-family
TransactionSale
List DateMay 26, 2026
Days on Market153
Common InterestFreehold
Annual Tax$10,329
Parking8 (8 garage)
Possession DetailsTBD
Structure TypeMulti-Family
AttachedAttached
StyleMultiplex
Living Area10,539 sqft
CityOttawa
Neighbourhood2204 - Pineview
ProvinceOntario
Postal CodeK1B3K9
Lot Dimensions79.9 x 131.93 FT ; 0
Frontage79.9 ft
Lot Depth131.93 ft
Zoning DetailsR1WW[637]
Total Parking8
Garage Spaces8
HeatingBaseboard heaters
Water SourceMunicipal water
Annual Tax$10,329
Business TypeApts - 6 To 12 Units
Cross Streets: Maxime and Cyrville Road. ** Directions: 1549 Maxime Street.
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