Building
- Exterior finish
- Brick, Steel
- Foundation type
- Concrete, Stone
- Stories total
- 3
- Type
- Other
- Utility water
- Municipal water
Exceptional opportunity to acquire a recently expanded and substantially renovated 16-unit apartment building in the heart of Sandy Hill, just steps from the University of Ottawa. Offering a mix of fully furnished suites designed to appeal to students and young professionals, the property benefits from strong rental demand in one of Ottawa's most sought-after investment locations. Significant capital improvements, including a permitted 7-unit addition, have transformed the property into a modern multi-residential asset. All 16 units are currently rented, providing an established income base with future rental growth potential. Ideally situated within walking distance of the University of Ottawa, Rideau Centre, ByWard Market, LRT stations, Parliament Hill and downtown employment centres. Two tandem parking spaces plus shared, owner-owned laundry facilities. A compelling opportunity for investors seeking scale, location and long-term growth in Ottawa's dynamic rental market. Updated rent roll, leases, investment package and due diligence materials available to qualified purchasers. (id:42482)
Illustrative fixed rate, compounded semi-annually, with monthly payments. This calculator uses 20% or more down and excludes mortgage default insurance. Rates and eligibility must be confirmed with your lender.
/mo
Excludes property taxes, home insurance, utilities and closing costs. Unquoted maintenance fees, if applicable, are not included. This is an estimate, not a lender quote.