Space
Finished area and layout
- Building Area
- 1,850 sqft
- Bedrooms
- 6
- Bathrooms
- 4
+33 more
6
Bedrooms
4
Bathrooms
1,850 sqft
Building Area
36.7 x 75.6 ft
Lot
4
Parking
Property Snapshot
Key details for this listing
MLS #X13539778
Property
Type, style and structure
- Type
- commercial
- Style
- business / Business
- Ownership
- Freehold
- Stories
About This Property
This 6-bedroom, 4-bathroom business in Ottawa offers 1,850 sqft of building area on a 36.7 x 75.6 ft lot. 3 storeys. The property has lot dimensions of Bldg=37 x 75.75 FT. The home features forced air, natural gas heating, fully air conditioned. Highlights include a 4-car garage.
MLS Remarks
Exceptional income-producing investment opportunity in the heart of Ottawa. This turnkey asset offers multiple revenue streams and strong cash flow in one of the city's most desirable rental markets, just minutes from the University of Ottawa, downtown, Highway 417, public transit, the Rideau River, and an abundance of amenities.The property consists of a four-level main building configured with six rentable bedrooms, four full bathrooms, shared common areas, and lower-level laundry, complemented by a fully legal coach house completed in 2023. The flexible rooming configuration appeals to a strong and consistent tenant pool while providing the option for owner occupancy or alternative rental strategies.Current rental income includes six furnished rooms, the legal coach house, and parking revenue, with additional upside through laundry services and future rent optimization. The property's flexible occupancy arrangements allow for a smooth transition to new ownership while offering the option of vacant possession if desired.Significant capital improvements have already been completed, including the legal coach house conversion (2023), renovated kitchen and bathrooms (2022), new driveway (2024), roof (2017), and gas furnace (2015), minimizing near-term capital expenditures.With diverse income sources, strong rental demand, and future appreciation potential, this is a rare opportunity to acquire a high-performing investment property in a prime central Ottawa location. An ideal addition to any real estate portfolio, offering immediate cash flow with long-term growth potential. (id:60351)
Full Listing Details
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