Exceptional opportunity to acquire a recently expanded and substantially renovated 16-unit apartment building in the heart of Sandy Hill, just steps from the University of Ottawa. Offering a mix of furnished suites designed to appeal to students and young professionals, the property benefits from strong rental demand in one of Ottawa's most sought-after investment locations. Significant capital improvements and redevelopment have transformed the property into a modern multi-residential asset with attractive long-term income potential and continued lease-up upside. Ideally situated within walking distance of the University of Ottawa, Rideau Centre, ByWard Market, LRT stations, Parliament Hill and downtown employment centres. A compelling opportunity for investors seeking scale, location and future growth in Ottawa's dynamic rental market. Current rent roll, leases and due diligence materials available to qualified purchasers. (id:28469)
Facts & features
Property
MLS® Number
X13441376
Property Type
Multi-family
Community Name
4003 - Sandy Hill
Parking Space Total
5
Building
Bathroom Total
16
Bedrooms Above Ground
21
Bedrooms Total
21
Appliances
Water Heater - Tankless
Basement Development
Partially Finished
Basement Type
Full (partially Finished)
Cooling Type
Wall Unit
Exterior Finish
Brick, Steel
Foundation Type
Concrete, Stone
Heating Fuel
Natural Gas
Heating Type
Radiant Heat
Stories Total
3
Size Interior
0 - 699 Sqft
Type
Other
Utility Water
Municipal Water
Parking
No Garage
—
Land
Acreage
No
Sewer
Sanitary Sewer
Size Depth
99 Ft
Size Frontage
54 Ft
Size Irregular
54 X 99 Ft
Size Total Text
54 X 99 Ft
Zoning Description
N4b
Utilities
Electricity
Installed
Sewer
Installed
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.