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$ 5,195,000
Est. payment | /mo
21 Beds
16 Baths
$ 5,195,000
Est. payment | /mo
21 Beds
16 Baths
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft < 700
Subdivision 4003 - Sandy Hill
MLS Listing ID X13441376
Style 3-Storey
Bedrooms 21
Annual Tax Amount $19,816
Tax Year 2025
Property Sub-Type Multiplex
Property Description
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.
Location
Province ON
County Ottawa
Area Ottawa
Zoning N4B
Rooms
Basement Full, Partially Finished
Kitchen 16
Interior
Interior Features On Demand Water Heater
Cooling Wall Unit(s)
Exterior
Parking Features None
Pool None
Roof Type Asphalt Shingle,Membrane
Total Parking Spaces 2
Building
Foundation Concrete, Stone
Others
ParcelsYN No
Lited by TRU REALTY
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