Welcome to a standout investment opportunity in the heart of downtown Ottawa! Located in a quiet, highly desirable neighborhood, this meticulously maintained multi-unit residential property offers the perfect blend of stability and future upside. Comprised of 6 fully rented units, it also features a finished, vacant 7th unit offering the potential to legalize and create additional rental income. With 7 total parking spots and strong tenant demand, this property is well-positioned for long-term growth. Recent upgrades include a newer boiler (2022), fire retrofit completed (2025), and separate hydro meters for all units ensuring simple, transparent management for both landlord and tenants. Rarely do you find an income property of this age in such exceptional condition. Whether you're a seasoned investor or just getting started, this is a prime opportunity to acquire a turn-key asset in one of Ottawa's most sought-after locations. (id:53899)
MLS® Number | X12067049 |
Property Type | Multi-family |
Neigbourhood | Old Ottawa East |
Community Name | 4408 - Ottawa East |
Parking Space Total | 7 |
Heating Type | Radiant Heat |
Size Exterior | 6512.16 Sqft |
Size Interior | 6,512 Ft2 |
Type | Multi-family |
Utility Water | Municipal Water |
Acreage | No |
Size Depth | 98 Ft ,9 In |
Size Frontage | 66 Ft |
Size Irregular | Bldg=66.05 X 98.82 Ft ; 0 |
Size Total Text | Bldg=66.05 X 98.82 Ft ; 0 |
Zoning Description | R4ud |
https://www.realtor.ca/real-estate/28131563/9597-concord-street-n-ottawa-4408-ottawa-east
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