46 James Street Ottawa, Ontario K2P 0T6
$1,074,900
An investment property you would be proud to own. Welcome to 46 James Street, ideally situated in the heart of Ottawa. This property presents a compelling blend of character, functionality, and location, making it a sound addition to an investment portfolio.The building features well-maintained rental units that have demonstrated consistent performance. In 2025, the property generated gross rental income of $83,447.64. Total operating expenses for the same period amounted to $23,761.80, inclusive of insurance, property taxes, utilities, repairs and maintenance, management, and bank fees. This results in a net operating income of $59,685.84, reflecting stable and reliable cash flow based on actual historical figures.The property is located within an established urban neighbourhood with convenient access to public transit routes, nearby shopping and services, parks, and downtown Ottawa amenities. Its central location supports ongoing rental demand and aligns with the City of Ottawa's focus on intensification and walkable communities.This offering represents a well-balanced opportunity for investors seeking proven income, manageable operating costs, and a centrally located asset within the Ottawa market, suitable for both experienced investors and those looking to expand their holdings with a property backed by real performance data. (id:28469)
Property Details
| MLS® Number | X12735442 |
| Property Type | Multi-family |
| Community Name | 4103 - Ottawa Centre |
| Parking Space Total | 3 |
Building
| Bathroom Total | 15 |
| Bedrooms Above Ground | 6 |
| Bedrooms Total | 6 |
| Age | 100+ Years |
| Amenities | Separate Electricity Meters |
| Appliances | Water Meter |
| Basement Development | Unfinished |
| Basement Type | N/a (unfinished) |
| Cooling Type | None |
| Exterior Finish | Brick |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Radiant Heat |
| Stories Total | 3 |
| Size Interior | 2,500 - 3,000 Ft2 |
| Type | Other |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 109 Ft |
| Size Frontage | 33 Ft ,3 In |
| Size Irregular | 33.3 X 109 Ft |
| Size Total Text | 33.3 X 109 Ft |
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January 28 2026 04:24:38
Ottawa Real Estate Board
Royal LePage Team Realty