Property
Type, style and structure
- Type
- residential
- Style
- multi-family / Multiplex
- Ownership
- Freehold
+45 more
33 x 165.66 ft
Lot
Property Snapshot
Key details for this listing
MLS #X12851986
Lot
Land, frontage and setting
- Lot
- 33 x 165.66 ft - 33 x 165.66 FT
- Frontage
- 33 ft
- Depth
- 165.66 ft
- Neighbourhood
About This Property
This multi-family in Ottawa offers a 33 x 165.66 ft lot. The property has lot dimensions of 33 x 165.66 FT. The home features baseboard heaters, forced air heating, fully air conditioned.
MLS Remarks
This is a rare opportunity to acquire two neighboring, income-producing multi-family buildings on **one title** in Ottawa's historic Lowertown. Comprising 14 residential units (7 per building), this stabilized investment is ideally located just minutes from the ByWard Market, Rideau Centre, the University of Ottawa, and major government employment hubs. The majority of suites are in excellent condition, with only a few offering value-add potential through light cosmetic updates and rental optimization. Major capital improvements-including roofs, windows, electrical upgrades, and efficient electric heat pumps-have already been completed, helping minimize near-term capital expenditures. Positioned in one of Ottawa's most desirable urban rental markets, the property benefits from strong demand driven by students, young professionals, and government employees. An assumable CMHC-insured mortgage is available, and the property is held in a standalone corporation, presenting a compelling opportunity for investors seeking stable cash flow with long-term upside. (id:60351)
Inclusions
all appliances in the building
Listing History
MLS# X12851986| Date | Event | MLS# | Price | Change |
|---|---|---|---|---|
| Jul 29, 2026 | Price Changed | X12851986 | $3,999,000 | -11.1% |
| Mar 5, 2026 | Listed For Sale | X12851986 | $4,500,000 | — |
| Mar 5, 2026 | Listed For Sale | X12851986 | $4,250,000 | — |
MLS data tracked by our system. Earlier records or land registry transfers may not be shown.
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