Description

Beautifully restored 11-unit multi-family building in the heart of Ottawa, fully leased and income-producing from day one. New Build Quality Without New-Build Risk: In a central area with limited new supply, this fully modernized, turn-key property delivers near-new-build quality without the cost or risk of new construction. Capital Improvements (2015): New boiler; Roof replacement; Addition of air conditioning; & Installation of common laundry room. A turn-key investment, fully modernized with minimal near-term capital requirements and strong tenant retention. Thoughtfully designed suites featuring durable finishes, blending heritage character with modern functionality for long-term rental appeal. Steps from grocery stores, pharmacies, fitness centres, and everyday essentials. Close proximity to major federal and municipal employers. Immediate access to Highway 417, major arterials, and public transit. High walkability, centrality, and urban density combined with immediate access to Chinatown, Elgin Street, and the ByWard Market reinforces tenant appeal and long-term occupancy. Why This Asset Works: Stable cash flow, desirable unit mix, and enduring location fundamentals.

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