$2,250,000

Investment For Sale In Centretown, Ottawa, Ontario

$2,250,000

Property Information:

Rare opportunity to acquire a meticulously restored and fully furnished 5-plex in the heart of Ottawa. Originally constructed around 1900, this stately red-brick property seamlessly blends historic character with extensive modern upgrades, creating a turnkey investment opportunity. Vacant and ready for immediate occupancy, investors can set market rents from day one, while owner-operators have the flexibility to live in one suite and rent the others. The building showcases timeless architectural details, including original hardwood floors, grand staircases, decorative fireplaces, soaring ceilings, oversized windows and period millwork, all thoughtfully preservd and complemented by tasteful updates throughout. Each suite is beautfully appointed and fully furnished, offering a move-in-ready exerience for tenants or short-term rental operators. Extensive improvements have already been completed, leaving virtually nothing to do but collect income. The property features updated kitchens and baths, modern finishes, well-maintained mechanical systems, attractive common areas, and exceptional curb appeal. Multiple balconies and outdoor sitting areas enhance the living experience, while the impressive corner-lot presence reflects the property's rich heritage. A rare bonus in this central urban location is the abundance of on-site parking, with space for 5+ vehicles, providing exceptional convenience for residents and guests alike. Situated within walking distance of Ottawa's vibrant downtown core, restaurants, cafes, shopping, transit, parks and major employment hubs, ideal for investors! Whether your vision is long-term rentals, furnished executive suites, multi-generational living, or a hybrid investment strategy, this exceptional property offers flexibility, character, and income potential in one of Ottawa's most sought-after locations. A true turnkey heritage investment-fully furnished, vacant, beautifully updated and ready for its next chapter! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Floor Space: 3453 sqft
  • Heating Type: Radiant heat
  • Cooling Type: None
  • Appliances:

Property Features:

  • Property Type: Multi-family
  • Amenities Nearby: Highway, Public Transit
  • Floor Space (approx): 3453 Square Feet
  • Irregular: Yes
  • Lot Depth: 90 Feet
  • Lot Frontage: 44 Feet
  • Lot Size: Bldg=44 x 90 FT
  • Zoning: R4V
  • No. of Parking Spaces: 6

Courtesy of: Royal LePage Team Realty

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

  • Move in ready... -
  • Nothing to do... -
  • Vacant and ready for you to do as you please! -
  • Upgraded throughout... -
  • Pride of ownership... -
  • Big ticket items all done... -
  • Lots of original features.... -
  • Safety first... -
  • Fully furnished.... -
  • Lots of character... -
  • Kitchens all updated... -
  • Clean as a whistle.... -
  • Find the hide-a-bed! -
  • Built-ins...over 100 years old! -
  • All new Anderson Windows... -
  • 2 covered balconies... -
  • Bright and cheerful.... -
  • Many fireplaces for decor only... -
  • Custom window trims... -
  • Unique features everywhere.... -
  • Morning coffee here! Hello Neighbour! -
  • No wasted space.... -
  • Interesting rooflines.... -
  • Lots of storage ..... -
  • Solid as a rock! Overimproved! -
  • Double door for large items.... -
  • Exposed brick! Touch of the past! -
  • Classic clean white! -
  • High end coin operated laundry on main! -
  • Warm neutral tones.... -
  • Completely furnished; turnkey! -
  • Covered radiators! -
  • Move-in ready... -
  • Brick touches keep it warm... -
  • Double doors open! -
  • Original hardwood floors.... -
  • Fireplace with unique features.... -
  • Upgraded IKEA kitchen... -
  • Outdoor storage...garage... -
  • Backyard BBQ! -
  • In the heart of the city... -
  • Loads of space, storage and lights -
  • Move-in and enjoy! -