Discover a rare investment opportunity in the heart of Ottawa's historic ByWard Market. This charming and meticulously maintained 5-unit income property, zoned R4S, offers exceptional potential for investors looking to expand their portfolio in a high-demand location. Proudly cared for by long-time owners, the building boasts a strong rental history with zero vacancy and consistent demand from long-term tenants. Tucked just off Sussex Drive in a quiet, sought-after pocket, the property features four one-bedroom units and one two-bedroom unit. The main level includes a spacious two-bedroom unit with dual entry, along with a one-bedroom unit also offering front and private rear access. The upper level hosts three distinct one-bedroom units, each with its own layout and charm, including a bright and spacious suite filled with natural light. Additional income potential is provided by coin-operated laundry, while tenants benefit from private storage lockers and a secure rear shed for garbage and recycling. Fire retrofit certificate issued by Ottawa Fire Services in 2023. Fully tenanted and ideally located, this is a turnkey asset with strong cash flow and long-term upside, an excellent addition to any real estate portfolio. Located just 5 minutes from Parliament, Major's Hill Park, Bruyère Hospital, the Canadian Mint, Alexandra Bridge, the ByWard Market, and more.
Property Type:
Residential Freehold
Property Sub Type:
Multiplex
Home Style:
2-Storey
Total Approx Floor Area:
< 700
Lot Depth:
99'2"30.2 m
Lot Frontage:
33'3"10.1 m
Direction Faces:
South
Bedrooms:
6
Bathrooms:
5.0
Water supply:
Municipal
Kitchens:
5
Bedrooms Above Grade:
6
Kitchens Above Grade:
5
Rooms Above Grade:
18
Zoning:
R4S
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Stone, Block
Roof:
Asphalt Shingle, Other
Basement:
Crawl Space
Fireplace/Stove:
No
Garage:
Other
Garage Spaces:
0.0
Parking Features:
Available
Parking Spaces:
3
Total Parking Spaces:
3.0
Family Room:
No
Possession Details:
Immediate/Flexible
Pool:
None
HST Applicable To Sale Price:
Included In
Taxes:
$10,332.36 /
2025
Assessment:
$- /
-
Ottawa
Lower Town - Sandy Hill
4001 - Lower Town/Byward Market
River/Stream, Rec./Commun.Centre, Public Transit, Place Of Worship, Hospital, Arts Centre
Separate Hydro Meter, Storage, Storage Area Lockers, Water Heater Owned
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