Excellent mixed-use investment opportunity in a prime central location! This well-maintained building features a main-level retail/commercial/office space with good storage in the basement plus two separate residential apartments on the upper levels, creating an attractive income-producing property with multiple potential uses. The second-floor apartment offers 1 bedroom with parking included while the third-floor apartment offers an additional residential unit generating steady rental income. Tenants currently pay their own utilities with the exception of water, helping reduce operating costs. The main-level office space provides excellent exposure and flexibility for a variety of business uses or future leasing opportunities. A detached garage and parking for 4 vehicles included behind the building. Ideal opportunity for investors seeking cash flow and future rental upside, or owner-occupiers looking to operate a business while benefiting from additional income from the residential units above. Conveniently located close to downtown, transit, shopping, restaurants, and major amenities. Rare opportunity to own a versatile mixed-use property in a sought-after urban location with strong long-term potential. (id:28469)
Facts & features
Property
MLS® Number
X13168286
Property Type
Retail
Neighbourhood
Chinatown
Community Name
4103 - Ottawa Centre
Amenities Near By
Public Transit, Recreation
Features
Irregular Lot Size
Parking Space Total
4
Building
Bathroom Total
3
Cooling Type
None
Heating Type
Baseboard Heaters
Size Exterior
3500 Sqft
Size Interior
3,500 Sqft
Utility Water
Municipal Water
Land
Acreage
No
Land Amenities
Public Transit, Recreation
Size Depth
148 Ft ,6 In
Size Frontage
21 Ft ,3 In
Size Irregular
Bldg=21.29 X 148.52 Ft ; L Shaped Lot
Size Total Text
Bldg=21.29 X 148.52 Ft ; L Shaped Lot
Zoning Description
Tm14h(17)
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.