PREMIUM INVESTMENT OPPORTUNITY IN THE EMBASSY DISTRICT! Located on a peaceful dead-end street in the heart of Lower Town, this turnkey FOURPLEX is a rare "blue-chip" asset in a highly resilient rental market. Just steps from the Ottawa River, Byward Market, Global Affairs, and the NRC, it attracts a premium, professional tenant profile. The building features four spacious 2-BEDROOM suites, offering excellent long-term tenant retention. Each unit includes renovated bathrooms, full kitchens, and highly desirable IN-SUITE LAUNDRY (5 appliances per unit). Select units boast architectural charm with classic fireplaces and skylights. FINANCIALLY OPTIMIZED: The property features SEPARATE HYDRO METERS, significantly reducing landlord overhead. Enjoy a near-zero historical vacancy rate, steady income, and substantial room for rental growth in this supply-constrained neighborhood. Includes 3 parking spaces. A true buy-and-hold gem offering both stability and long-term capital appreciation! (id:28469)
Facts & features
Property
MLS® Number
X13022756
Property Type
Multi-family
Community Name
4001 - Lower Town/Byward Market
Equipment Type
Water Heater
Parking Space Total
3
Rental Equipment Type
Water Heater
Building
Bathroom Total
4
Bedrooms Above Ground
8
Bedrooms Total
8
Appliances
Dishwasher, Dryer, Stove, Washer, Refrigerator
Basement Type
None
Cooling Type
Wall Unit
Exterior Finish
Brick, Hardboard
Fireplace Present
Yes
Fireplace Type
Insert
Foundation Type
Brick, Concrete
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
Size Frontage
33 Ft
Size Irregular
33 X 99 Ft
Size Total Text
33 X 99 Ft
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.