**PREMIUM FOURPLEX INVESTMENT IN OTTAWA'S EMBASSY DISTRICT!**A rare opportunity to acquire a **turnkey, income-producing FOURPLEX** in one of Ottawa's most desirable and supply-constrained rental locations. Situated on a quiet dead-end street in the heart of Lower Town, this property offers the ideal combination of **stable cash flow, strong tenant demand, rental upside, and long-term appreciation potential**.The building consists of **four spacious 2-bedroom units**, a highly desirable configuration for professional tenants, couples, government employees and long-term renters. Each suite features a full kitchen, renovated bathroom and **in-suite laundry with five appliances**, helping support strong tenant retention and marketability. Select units also offer added architectural character with **fireplaces and skylights**.From an operational standpoint, the property is well optimized with **separate hydro meters**, reducing landlord expenses and improving overall efficiency. Historically low vacancy and consistent tenant demand provide dependable income, while current rents offer **meaningful future growth potential** as units turn over. The location is exceptional - just minutes from **Global Affairs Canada, the ByWard Market, Ottawa River, downtown, transit, restaurants, shops and major employment hubs**. This is the type of central, established neighbourhood where quality multi-unit properties are increasingly difficult to acquire. Includes **3 parking spaces**.An excellent opportunity for investors seeking a **low-maintenance, long-term hold with reliable income, limited vacancy exposure, rental growth potential and strong underlying land and location value**. (id:28469)
Facts & features
Property
MLS® Number
X13826664
Property Type
Multi-family
Community Name
4001 - Lower Town/Byward Market
Equipment Type
Water Heater
Features
Flat Site, Carpet Free
Parking Space Total
3
Rental Equipment Type
Water Heater
Building
Bathroom Total
4
Bedrooms Above Ground
8
Bedrooms Total
8
Amenities
Fireplace(s)
Basement Type
Crawl Space
Cooling Type
Wall Unit
Exterior Finish
Brick
Fireplace Present
Yes
Fireplace Total
2
Foundation Type
Concrete, Stone
Heating Fuel
Electric
Heating Type
Baseboard Heaters
Stories Total
3
Size Interior
3,500 - 5,000 Sqft
Type
Fourplex
Utility Water
Municipal Water
Parking
No Garage
—
Land
Acreage
No
Sewer
Sanitary Sewer
Size Depth
99 Ft ,2 In
Size Frontage
33 Ft ,3 In
Size Irregular
33.3 X 99.2 Ft
Size Total Text
33.3 X 99.2 Ft
Utilities
Cable
Available
Electricity
Available
Sewer
Available
Monthly payment estimate
$
Estimated payment—per month
Mortgage amount
—
Total interest
—
Down payments under 20% typically require mortgage default insurance (CMHC), which is not included in this estimate.
Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.
Cost of ownership
Est. monthly payment
$5,534/mo
Ontario land transfer tax
$21,473 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.