Investors, this is an exceptional opportunity. This fully renovated fourplex is situated in the heart of downtown Ottawa, offering a high walk score and unparalleled access to Sussex Drive, the Byward Market, the Ottawa River/Canal, and the Rideau Centre. Residents will enjoy immediate proximity to restaurants, shopping, public transit, and essential amenities. This turnkey property is a strong income-generating asset in a high-demand rental market, featuring four fully occupied units - two two-bedroom and two one-bedroom apartments. Each unit has been thoughtfully upgraded with contemporary kitchens, stainless steel appliances, spacious living areas, and modern full bathrooms, designed for comfortable urban living. An added advantage is the on-site parking at the rear of the building, a highly sought-after feature in this desirable downtown location. This turnkey fourplex is a high-performing income-generating property, bringing in $7,940/month ($95,280/year) in rental income with low expenses, making it a fantastic investment opportunity in a prime location. With the added flexibility of creative financing options, including VTB possibilities, this is a rare opportunity to secure a truly unique property. Don't miss your chance - schedule a private showing today! |
Price | $1,495,000 |
Taxes: | $8370.00 |
Occupancy: | Tenant |
Address: | 52 St Andrew Stre , Lower Town - Sandy Hill, K1N 5E9, Ottawa |
Directions/Cross Streets: | St Andrew St / Parent Ave |
Rooms: | 10 |
Bedrooms: | 6 |
Bedrooms +: | 0 |
Family Room: | T |
Basement: | Partially Fi |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 3 | Main |
Washroom Type 2 | 3 | Second |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 |
Total Area: | 0.00 |
Approximatly Age: | 100+ |
Property Type: | Fourplex |
Style: | 2-Storey |
Exterior: | Stone, Stucco (Plaster) |
Garage Type: | None |
Drive Parking Spaces: | 0 |
Pool: | None |
Approximatly Age: | 100+ |
Approximatly Square Footage: | 2000-2500 |
CAC Included: | N |
Water Included: | N |
Cabel TV Included: | N |
Common Elements Included: | N |
Heat Included: | N |
Parking Included: | N |
Condo Tax Included: | N |
Building Insurance Included: | N |
Fireplace/Stove: | N |
Heat Type: | Radiant |
Central Air Conditioning: | Wall Unit(s |
Central Vac: | N |
Laundry Level: | Syste |
Ensuite Laundry: | F |
Sewers: | Sewer |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
EXP REALTY |
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Type: | Freehold - Fourplex |
Area: | Ottawa |
Municipality: | Lower Town - Sandy Hill |
Neighbourhood: | 4001 - Lower Town/Byward Market |
Style: | 2-Storey |
Approximate Age: | 100+ |
Tax: | $8,370 |
Beds: | 6 |
Baths: | 4 |
Fireplace: | N |
Pool: | None |