INVESTMENT OPPORTUNITY for under $675,000! Three Storey semi detached DUPLEX with a 3rd top floor unit in the heart of Chinatown. Ideally located with a school directly across the street and just minutes to Downtown, Little Italy, public transit, shopping, restaurants, parks, and all amenities. This centrally located income property offers an excellent opportunity for investors looking to expand their portfolio or those seeking a property with strong rental potential. Situated on an 18.18' x 71.19' lot, the property includes one front parking space and a spacious backyard for tenants to enjoy. Offering an attractive CAP RATE of 6.6% and Gross Annual rental income of $51,924 this is a turnkey investment with immediate cash flow. Rented on an All Inclusive basis. Unit 1: currently Vacant and a great option for an Owner Occupied unit, it's a two bedroom, one bathroom unit on the main floor with access to the finished basement, providing additional living space and a dedicated laundry area. The kitchen and several interior finishes were updated in 2022, along with newer floors in 2026. Unit 2: One bedroom, one bathroom apartment on the second floor with its own washing machine. Unit 3 is a one bedroom, one bathroom unit that provides additional rental income. The property is heated by natural gas forced air and serviced by one hydro meter. All appliances are included! Located in one of Ottawa's most desirable rental areas with consistent tenant demand, this property offers excellent long term investment potential and the opportunity to generate reliable income from day one. A fantastic opportunity to own an affordable multi unit property in a prime central location. Book your private showing today! 24 hour irrevocable required on all offers. (id:2493)More details
Welcome to Unit 513 at 255 Bay Street - a stylish 2 bedroom, 2 bathroom condo perfectly situated in the heart of downtown Ottawa. This bright and modern unit features an open-concept kitchen, living, and dining area designed for comfortable everyday living and effortless entertaining.The kitchen showcases quartz countertops, stainless steel appliances, and ample cabinetry, while hardwood floors flow throughout the main living spaces.The primary bedroom includes a private ensuite bathroom and walk in closet, complemented by a second bedroom and full bathroom ideal for guests, family, or a home office. Enjoy the convenience of in-suite laundry, a private balcony, underground heated parking for one vehicle, a storage locker, and access to underground bike racks. Located just steps from Parliament Hill, Lyon LRT Station, and countlesslocal shops, restaurants, LeBreton Flats, this building offers exceptional urban living. Residents enjoy premium amenities including a gym, heated saltwater pool, sauna, expansive party room, conference/dining room, BBQs, and three rooftop patios with impressive city views. Ideal for first-time buyers, investors, or professionals seeking convenient, low-maintenance living, this condo offers modern urban comfort in one of the city's most desirable neighbourhoods. Items that may be included in the sale, making this a true turnkey investment, include the sofa, TV with wall bracket, bedroom furniture, nightstand, dining table with chairs, desk, and bar stools. Visitor parking and guest suites are also available on-site. (id:2493)More details
Attention Smart Investors! Are you looking to add to, or diversify your existing investment portfolio? Look no further than this incredible opportunity in one of Ottawa's most vibrant and sought-after neighbourhoods. Welcome to 10 Sherbrooke Avenue, a beautifully renovated, cinder block four-plex located just steps off the bustling Wellington Street. This converted former commercial building is a fully stabilized multi-unit dwelling containing four well-appointed one-bedroom and one-bathroom units currently rented above market rents and with five hydro meters. This turn key investment property has a 6% cap rate and is fully rented with ideal tenants and grosses an annual income of $96,672. Looking to increase cash flow further? With R4UB zoning and an engineer's report confirming the possibility of adding vertically to the building, there are many possibilities. Nestled in a prime location, this property is within walking distance to trendy boutiques, gourmet restaurants, charming cafes, and beautiful parks, offering an unbeatable lifestyle for your tenants. Don't miss out on this prime investment opportunity. (id:2493)More details
Built in 2004, 3 Hilda Street is a purpose-built triplex offering a rare opportunity to own a newer, low-maintenance income property in one of Ottawa's most convenient central locations. Just steps to public transit, Bayview Station, shopping, restaurants, parks, schools, and minutes to downtown, this property offers the accessibility and convenience today's tenants are looking for.The building features three spacious two-bedroom apartments, each with bright, functional layouts, modern appliances, and the convenience of in-suite laundry with a dedicated washer and dryer. The two upper apartments also have a den/third bedroom. Every unit is independently serviced with its own forced-air furnace and rented hot water tank, providing simplified management and helping reduce landlord operating costs.Two units are currently leased for $2,178/month and $1,912/month, while the vacant basement apartment provides immediate flexibility to secure a new tenant at market rent or move in yourself. This creates an excellent opportunity for an owner-occupier to offset their mortgage with rental income and potentially purchase with as little as 5% down (subject to lender qualification).Purpose-built construction and modern mechanical systems mean lower maintenance requirements and fewer capital expenses than many older multi-unit properties. Whether you're an investor looking to expand your portfolio or a buyer seeking a smart house-hacking opportunity, 3 Hilda Street delivers the ideal combination of strong income, modern construction, exceptional location, and long-term investment potential. (id:2493)More details
Welcome to this beautifully maintained 1-bedroom + den condominium in one of downtown Ottawa's most sought-after residences, built by Charlesfort, a builder renowned for exceptional craftsmanship, timeless design, and superior construction quality. Perfectly positioned at 245 Kent Street, this thoughtfully designed suite offers an ideal blend of comfort, functionality, and urban convenience. The spacious open-concept layout features a bright living and dining area, complemented by west-facing exposure that fills the home with warm afternoon and evening sunlight while providing beautiful sunset views. The versatile den is perfect for a home office, reading nook, or guest space, making this an excellent option for professionals, first-time buyers, downsizers, or investors alike. The well-appointed kitchen flows seamlessly into the living space, creating an inviting atmosphere for both everyday living and entertaining. Adding to the home's value is the inclusion of one underground parking space, a highly desirable feature in the downtown core. Residents enjoy an unbeatable location within walking distance of Parliament Hill, the business district, restaurants, cafés, shopping, the Rideau Canal, and the city's extensive pathway network. Whether you're commuting to work or enjoying everything downtown Ottawa has to offer, this location places it all at your doorstep. Offering outstanding quality, an exceptional location, and the enduring reputation of a Charlesfort-built building, this is a rare opportunity to own a sophisticated downtown home that truly stands apart. (id:2493)More details
Data was last updated July 1, 2026 at 02:45 PM (UTC)
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