6 Bedroom
5 Bathroom
0 - 699 ft2
Forced Air
$1,149,900
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. (id:53899)
Property Details
|
MLS® Number
|
X13064832 |
|
Property Type
|
Multi-family |
|
Neigbourhood
|
Byward Market |
|
Community Name
|
4001 - Lower Town/Byward Market |
|
Amenities Near By
|
Public Transit, Place Of Worship, Hospital |
|
Community Features
|
Community Centre |
|
Parking Space Total
|
3 |
Building
|
Bathroom Total
|
5 |
|
Bedrooms Above Ground
|
6 |
|
Bedrooms Total
|
6 |
|
Amenities
|
Separate Electricity Meters |
|
Appliances
|
Water Heater, Dishwasher, Dryer, Stove, Washer, Refrigerator |
|
Basement Type
|
Crawl Space |
|
Exterior Finish
|
Aluminum Siding |
|
Foundation Type
|
Stone, Block |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
2 |
|
Size Interior
|
0 - 699 Ft2 |
|
Type
|
Other |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Land Amenities
|
Public Transit, Place Of Worship, Hospital |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
99 Ft ,2 In |
|
Size Frontage
|
33 Ft ,2 In |
|
Size Irregular
|
33.2 X 99.2 Ft |
|
Size Total Text
|
33.2 X 99.2 Ft |
|
Surface Water
|
River/stream |
|
Zoning Description
|
R4s |
https://www.realtor.ca/real-estate/29680501/70-bolton-street-ottawa-4001-lower-townbyward-market