Description
Incredible investment opportunity in Old Ottawa South! Large multi-unit on expansive 30' x 161' lot newer 3,000 sqft addition containing 3 additional apartments plus main front house. All 4 apartments tenanted. One 3-Bedroom unit, two 2-Bedroom units and one 1 Bedroom unit. The older front of home unit has been updated with hardwood floors, granite countertops and newer cabinetry and updated bathroom - it has it's own Furnace (2020), A/C (2017) and Hot Water Tank (Rental). New addition completed in 2017 with 2 Furnaces and 2 Central Air units. 3 Hydro meters, 3 gas meters and 1 water meter. All units have in-unit laundry. Sump pump 2017, Roof 2017. City of Ottawa has suggested plan of a 5-plex for potential income increase. Building is legal as it stands. Current total gross monthly rental income is $11,349.31. Annual gross income: $131,055.00. Annual expenses: $24,288.30. Annual net income: $106,766.70. Motivated vendor. Property sold as is where is. (id:39198)
Features & Details
Key Summary
- Style: Other
- Property Class: CommercialProperty
- Last Status: New
- Days on Market: 51
- Bedrooms: 8
- Bathrooms: 6
- Heating: Forced air, Natural gas
- Cooling: Central air conditioning
- Basement: Finished, N/A
- Extras / Inclusions: Washer, Refrigerator, Dishwasher, Dryer, Two stoves
- Exterior Construction: Brick, Vinyl siding
- Foundation: Stone, Concrete
- Lot Dimensions: 30.4 x 162 FT
- Water Source: Municipal water
- Sewer: Sanitary sewer
- Total Parking Spaces: 2
- MLS® Number: X12604836
- Listed On: Dec 06, 2025
- Last Status: New
- Days on Market: 51
- Updated On: Jan 25, 2026 03:41
- Brokerage: ROYAL LEPAGE PERFORMANCE REALTY
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Sold Properties$0
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