Rarely available purpose built multi unit investment property in prime Centretown location. 194K Gross income. Fully rented. Six 3-bedroom unit + one 2-bedroom unit . 3 Storey brick building. Large, well-maintained units. Easy walking to Bank street, Elgin and Parliament hill. (id:2493)More details
This building mixes modern finishings and classic charm. Each unit is renovated and showcases stunning hardwood floors, ensuring not only a sophisticated look but also ease of maintenance. Recent updates are well documented and include a brand-new boiler system, and comprehensive improvements to the entire building, including electrical and fixtures, ensuring efficiency and minimizing maintenance costs. Multiple ESA, plumbing, and fire inspections have been completed. Comprising two spacious 2-bedroom units and one generous two-story, 4-bedroom unit. Currently, all units are occupied by great tenants. With its tasteful renovations, efficient systems, and fantastic location, the triplex works for investors starting to build their real estate portfolio or adding to it. Hydro and Water are estimates and dependent on usage. Current NOI $82,600/annual (id:2493)More details
Attention savvy investors! Welcome to #522/524 Bay Street, an incredible opportunity to own a well-maintained fourplex in the heart of Centretown! Ideally located on a quiet cul-de-sac just steps from Bank Street, the Glebe and the downtown core. This low-maintenance building offers two bright and airy 2-bed units plus two generous 1-bed units, each with access to sprawling unfinished basement space and excellent storage. Tenants enjoy in-suite laundry, private outdoor spaces, and exceptional walkability to shops, restaurants, transit, and amenities. Uniquely versatile, this rare offering provides option to maintain the current 4-unit layout, owner occupy unit 1-524 as a pied-de terre, set your own rent with a future tenant or explore the option to sever the property into two parcels (each half of the building has its own water supply and sewer line). With stable tenants and minimal groundskeeping, this established income property is a healthy addition to any portfolio with a strong cap rate. Invest confidently in one of Ottawas most sought-after rental locations. Some photos virtually staged. 24 hours irrevocable on all offers. (id:2493)More details
Welcome to 277 Powell Avenue in sought-after Glebe. This bright, sun-filled 2-bed + Den, 1-bath unit boasts approximately 885 square feet of urban living and occupies the second and third level of the duplex. Step inside through the private front entrance and ascend the staircase to discover the open concept second level. Hardwood floors flow throughout the whole second level, featuring the kitchen, living/dining room, linen closet with built-in shelves, in-suite laundry closet, and 2 moderately sized bedrooms, one of which has a walk-out to the massive balcony (13'10" x 10'6"), which can also be accessed through the stairs leading to the parking lot on Bronson Avenue. The bathroom is currently being renovated, set for completion on June 1. Bathroom will be a 3-piece with a stand-alone shower. Ascend the second staircase to the third level carpeted loft. This versatile space offers a skylight, 2 decently-sized storage spaces, and can be transformed to an at-home office, guest suite, yoga room, reading nook, and more! This rental unit is in an unbeatable location, close to Little Italy, Dow's Lake, Carleton University, transit (LRT & bus service), shopping, restaurants, cafes, and easy access to the 417. You don't want to miss this! 1 private parking space included. Rental fee includes ALL utilities (heat, water, hydro). (id:2493)More details
Data was last updated May 22, 2025 at 02:15 PM (UTC)
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