ACTIVE

46 James Street Ottawa, Ontario K2P 0T6

$1,074,900
6 Beds 15 Bath 2,500 - 3,000 ft<sup>2</sup> NoneRadiant Heat
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 Ft<sup>2</sup>
Type
Other
Utility Water
Municipal Water
Parking
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
Neighbourhood
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Luigi Aiello
Salesperson

(613) 277-1927
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Royal LePage Team Realty
384 Richmond Road
Ottawa, Ontario K2A 0E8

(613) 729-9090
(613) 729-9094
www.teamrealty.ca/