Space
Finished area and layout
- Square Feet
- 3,500-5,000 sqft
- Bedrooms
- 8
- Bathrooms
- 4
+17 more
8
Bedrooms
4
Bathrooms
3,500-5,000 sqft
Square Feet
33.3 x 99.2 FT
Lot
3
Parking
Property Snapshot
Key details for this listing
MLS #X13826664
Property
Type, style and structure
- Type
- residential
- Style
- multi-family / Multiplex
- Ownership
- Freehold
- Basement
About This Property
This 8-bedroom, 4-bathroom multi-family in Ottawa offers 3,500-5,000 sqft of square feet on a 33.3 x 99.2 FT lot. 2 storeys. The home features baseboard heaters, electric heating, wall unit, a crawl space basement, a fireplace.
MLS Remarks
**PREMIUM FOURPLEX INVESTMENT IN OTTAWA'S EMBASSY DISTRICT!**A rare opportunity to acquire a **turnkey, income-producing FOURPLEX** in one of Ottawa's most desirable and supply-constrained rental locations. Situated on a quiet dead-end street in the heart of Lower Town, this property offers the ideal combination of **stable cash flow, strong tenant demand, rental upside, and long-term appreciation potential**.The building consists of **four spacious 2-bedroom units**, a highly desirable configuration for professional tenants, couples, government employees and long-term renters. Each suite features a full kitchen, renovated bathroom and **in-suite laundry with five appliances**, helping support strong tenant retention and marketability. Select units also offer added architectural character with **fireplaces and skylights**.From an operational standpoint, the property is well optimized with **separate hydro meters**, reducing landlord expenses and improving overall efficiency. Historically low vacancy and consistent tenant demand provide dependable income, while current rents offer **meaningful future growth potential** as units turn over. The location is exceptional - just minutes from **Global Affairs Canada, the ByWard Market, Ottawa River, downtown, transit, restaurants, shops and major employment hubs**. This is the type of central, established neighbourhood where quality multi-unit properties are increasingly difficult to acquire. Includes **3 parking spaces**.An excellent opportunity for investors seeking a **low-maintenance, long-term hold with reliable income, limited vacancy exposure, rental growth potential and strong underlying land and location value**. (id:60351)
Full Listing Details
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