202 Rochester Street

Ottawa, Ontario K1R 7M6

6,063 sqft Interior

53.5 X 100 Ft Lot size

11 days ago Listed

None Baseboard Heaters

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About this home

Investment opportunity in the heart of Ottawa's Centre town West/Little Italy. This well-positioned six-unit multi-residential property offers a strong combination of current income and future upside. Featuring three 2-bedroom units, two 3-bedroom units, and one 1-bedroom unit, the property generates approximately $129,600 in gross annual rental income. The property benefits from rear parking, generous unit layouts, and opportunities to further optimize rents and operating expenses. Located steps from Preston Street and Chinatown, with convenient access to restaurants, retail, transit, and ongoing infill development throughout the surrounding area. A solid income-producing asset in a central Ottawa location with long-term investment potential. (id:28469)

Business

Business Type	Residential
Business Sub Type	Apartments

Facts & features

Property

MLS® Number: X13834104
Property Type: Multi-family
Neighbourhood: Centretown West
Community Name: 4205 - West Centre Town

Building

Cooling Type: None
Heating Type: Baseboard Heaters
Size Interior: 6,063 Sqft
Type: Multi-family
Utility Water: Municipal Water

Land

Acreage: No
Size Depth: 100 Ft
Size Frontage: 53 Ft ,6 In
Size Irregular: 53.5 X 100 Ft
Size Total Text: 53.5 X 100 Ft
Zoning Description: N4b[951]-c

Monthly payment estimate

Home price

Down payment 20%

Interest rate (%)

Amortization

Frequency

Estimated payment — per month

Mortgage amount: —
Total interest: —

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: $6,863/mo
Ontario land transfer tax: $27,475 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

The West Centre Town market

29 Active listings

$789,900 Median asking price

96% above median This home

46 days Avg. time on market

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Location

202 Rochester Street, Ottawa, Ontario K1R 7M6 · Get directions