Investors, this is an exceptional opportunity. This fully renovated fourplex is situated in the heart of downtown Ottawa, offering a high walk score and unparalleled access to Sussex Drive, the Byward Market, the Ottawa River/Canal, and the Rideau Centre. Residents will enjoy immediate proximity to restaurants, shopping, public transit, and essential amenities. This turnkey property is a strong income-generating asset in a high-demand rental market, featuring three fully occupied units and one lucrative Airbnb unit - two two-bedroom and two one-bedroom apartments. Each unit has been thoughtfully upgraded with contemporary kitchens, stainless steel appliances, spacious living areas, and modern full bathrooms, designed for comfortable urban living. An added advantage is the on-site parking at the rear of the building, a highly sought-after feature in this desirable downtown location. This turnkey fourplex is a high-performing income-generating property, bringing in $8,355 to $10,500/month ($100,266 to $126,000/year) depending on seasonal demand, with low expenses making it a fantastic investment opportunity in a prime location. With the added flexibility of creative financing options, including VTB possibilities, this is a rare opportunity to secure a truly unique property. Don't miss your chance - schedule a private showing today! (id:28469)
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Facts & features
Property
MLS® Number
X13249426
Property Type
Multi-family
Neighbourhood
Byward Market
Community Name
4001 - Lower Town/Byward Market
Parking Space Total
4
Building
Bathroom Total
4
Bedrooms Above Ground
6
Bedrooms Total
6
Age
100+ Years
Appliances
Water Heater, Dishwasher, Furniture, Microwave, Stove, Refrigerator
Basement Development
Partially Finished
Basement Type
N/a (partially Finished)
Cooling Type
Wall Unit
Exterior Finish
Stone, Stucco
Foundation Type
Stone
Heating Fuel
Natural Gas
Heating Type
Radiant Heat
Stories Total
2
Size Interior
2,000 - 2,500 Sqft
Type
Fourplex
Utility Water
Municipal Water
Parking
No Garage
—
Land
Acreage
No
Sewer
Sanitary Sewer
Size Depth
100 Ft ,6 In
Size Frontage
33 Ft
Size Irregular
33 X 100.5 Ft
Size Total Text
33 X 100.5 Ft
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.