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$ 1,249,900
Est. payment | /mo
8 Beds
4 Baths
$ 1,249,900
Est. payment | /mo
8 Beds
4 Baths
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
Subdivision 4001 - Lower Town/Byward Market
MLS Listing ID X13826664
Style 2 1/2 Storey
Bedrooms 8
Annual Tax Amount $11,252
Tax Year 2025
Property Sub-Type Fourplex
Property Description
**PREMIUM FOURPLEX INVESTMENT IN OTTAWA'S EMBASSY DISTRICT!**A rare opportunity to acquire a **turnkey, income-producing FOURPLEX** in one of Ottawa's most desirable and supply-constrained rental locations. Situated on a quiet dead-end street in the heart of Lower Town, this property offers the ideal combination of **stable cash flow, strong tenant demand, rental upside, and long-term appreciation potential**.The building consists of **four spacious 2-bedroom units**, a highly desirable configuration for professional tenants, couples, government employees and long-term renters. Each suite features a full kitchen, renovated bathroom and **in-suite laundry with five appliances**, helping support strong tenant retention and marketability. Select units also offer added architectural character with **fireplaces and skylights**.From an operational standpoint, the property is well optimized with **separate hydro meters**, reducing landlord expenses and improving overall efficiency. Historically low vacancy and consistent tenant demand provide dependable income, while current rents offer **meaningful future growth potential** as units turn over. The location is exceptional - just minutes from **Global Affairs Canada, the ByWard Market, Ottawa River, downtown, transit, restaurants, shops and major employment hubs**. This is the type of central, established neighbourhood where quality multi-unit properties are increasingly difficult to acquire. Includes **3 parking spaces**.An excellent opportunity for investors seeking a **low-maintenance, long-term hold with reliable income, limited vacancy exposure, rental growth potential and strong underlying land and location value**.
Location
Province ON
County Ottawa
Area Ottawa
Rooms
Family Room Yes
Basement Crawl Space
Kitchen 4
Interior
Interior Features Carpet Free
Cooling Wall Unit(s)
Fireplaces Type Wood, Living Room
Fireplace Yes
Heat Source Electric
Exterior
Pool None
Roof Type Asphalt Shingle
Topography Flat
Lot Frontage 33.28
Lot Depth 99.19
Total Parking Spaces 3
Building
Foundation Concrete, Stone
Others
ParcelsYN No
Listed by ROYAL LEPAGE INTEGRITY REALTY
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