Discover a rare investment opportunity in the heart of Ottawa's historic ByWard Market. This charming and meticulously maintained 5-unit income property, zoned R4S, offers exceptional potential for investors looking to expand their portfolio in a high-demand location. Proudly cared for by long-time owners, the building boasts a strong rental history with zero vacancy and consistent demand from long-term tenants. Tucked just off Sussex Drive in a quiet, sought-after pocket, the property features four one-bedroom units and one two-bedroom unit. The main level includes a spacious two-bedroom unit with dual entry, along with a one-bedroom unit also offering front and private rear access. The upper level hosts three distinct one-bedroom units, each with its own layout and charm, including a bright and spacious suite filled with natural light. Additional income potential is provided by coin-operated laundry, while tenants benefit from private storage lockers and a secure rear shed for garbage and recycling. Fire retrofit certificate issued by Ottawa Fire Services in 2023. Fully tenanted and ideally located, this is a turnkey asset with strong cash flow and long-term upside, an excellent addition to any real estate portfolio. Located just 5 minutes from Parliament, Major's Hill Park, Bruyère Hospital, the Canadian Mint, Alexandra Bridge, the ByWard Market, and more.
Discover a piece of Ottawa's history with this charming and meticulously maintained 5-unit income property, proudly cared for by long-time owners. Tucked just off Sussex Drive in one of the city's most historic and sought-after neighborhoods, this property offers exceptional investment stability, boasting a strong rental track record with zero vacancy history and consistently high demand from long-term tenants. Surrounded by well-preserved buildings in a quiet, secure pocket of the Market, the property features four one-bedroom units and one two-bedroom unit. The main floor two-bedroom apartment is currently rented by the room, with shared kitchen and laundry access, perfectly suited for flexibility and optimal rental income. This unit has both front and rear access for convenience. Also on the main level is a one-bedroom apartment with dual entry: from the common front or a private rear door. Upstairs, you'll find three unique one-bedroom units: one cozy and thoughtfully finished, another with a practical layout, and a spacious unit filled with natural light and generous living space. Additional features include coin-operated laundry for supplemental income, private storage lockers for tenants, and a secure shed for garbage and recycling at the rear of the building. Fire retrofit certificate issued by Ottawa Fire Services in 2023. This fully tenanted property offers endless possibilities in an unbeatable location. Dont miss your chance to own a rare gem in the ByWard Market!
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