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438 LEWIS STREET, Ottawa, Ontario, K2P 0T3

MLS® # X13773320
Investment For Sale In Centretown, Ottawa, Ontario
$1,150,000
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
438 Lewis Street, Ottawa, ON
  • Advertising
438 LEWIS STREET, Ottawa, Ontario, K2P 0T3
$1,150,000

Property Information:

Turnkey five-unit apartment building in Centretown offering immediate income and longer-term development potential. Over 300k in capital improvements over the last 10 years.The property is fully occupied and consists of three one-bedroom apartments and two bachelor units, with annual gross income of just over $79,000. The property may qualify for attractive CMHC MLI Select financing. Tenants pay their own hydro, while the landlord pays for heat and water. Additional income may be available from the on-site parking. The property sits on a 33' 99' lot and may be assembled with adjoining properties to create a development site of approximately 13,000 square feet. This property has a Walk Score of 100/100! Ideally located within walking distance of downtown, public transit, restaurants, shops and other amenities. A strong opportunity to acquire a stabilized income property with financing, rental and redevelopment upside. Contact the listing agent for further details regarding the potential land assembly, the rent roll & operating expenses. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Basement Type: Crawl space
  • Exterior Finish: Brick
  • Floor Space: 2000 - 2500 sqft
  • Foundation Type: Stone, Concrete
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric
  • Cooling Type: None

Property Features:

  • Property Type: Multi-family
  • Features: Lane
  • Floor Space (approx): 2000 - 2500 Square Feet
  • Irregular: Yes
  • Lot Depth: 99 Feet
  • Lot Frontage: 33.1 Feet
  • Lot Size: 33.1 x 99 FT
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 3

Courtesy of: SUTTON GROUP - OTTAWA REALTY

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Sales/Price History

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Market Price Trends

Single family detached

2.77%

Price change (1 year)

20.27%

Price change (5 years)

All Properties

1.13%

Price change (1 year)

12.41%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 438 LEWIS STREET, Ottawa, Ontario, K2P 0T3

Demographic Information of 438 LEWIS STREET, Ottawa, Ontario, K2P 0T3

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$155,211.39

Average Number of Children

1.52

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

4.49 %

High school certificate or equivalent

19.71 %

Apprenticeship trade certificate/diploma

2.06 %

College/non-university certificate

14.34 %

University certificate (below bachelor)

2.7 %

University Degree

56.69 %

Commuter

Travel To Work

By Car

36.44 %

By Public Transit

17.25 %

By Walking

37.06 %

By Bicycle

4.97 %

By Other Methods

4.29 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

94.35 %

Houses

5.65 %

Own Vs. Rent

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