Welcome to 84 Anderson Street, a fantastic investment opportunity in the heart of Ottawa's vibrant Little Italy! Offering a 5.5%+ cap rate, this well-located triplex is perfectly positioned between Preston Street and Chinatown, delivering exceptional walkability and strong rental appeal. The property features three self-contained units, each with convenient in-unit laundry. Apartment 1 is a lovely 2-bedroom, 1-bathroom main-floor unit; Apartment 2 is a spacious & bright 1-bedroom, 1-bathroom second-floor unit featuring open-concept living and two private balconies; and Apartment 3 is a cozy lower-level bachelor unit with private exterior access. Deep lot with ample parking. N4B zoning allowing for future expansion/redevelopment. Tenants will love the unbeatable location, just steps from Preston Street and within walking distance of the LRT, Plante Recreation Centre, Chinatown, LeBreton Flats, restaurants, cafés, shopping, recreation and more. An excellent opportunity for investors looking to add a well-positioned, income-producing property in one of Ottawa's most desirable and dynamic urban neighbourhoods. Restricted showing times; minimum 24 hours' notice required. (id:28469)
Facts & features
Property
MLS® Number
X13696538
Property Type
Multi-family
Neighbourhood
Centretown West
Community Name
4205 - West Centre Town
Features
Sump Pump
Parking Space Total
3
Building
Bathroom Total
3
Bedrooms Above Ground
3
Bedrooms Total
3
Basement Features
Apartment In Basement
Basement Type
N/a
Cooling Type
Window Air Conditioner
Exterior Finish
Vinyl Siding, Stone
Foundation Type
Stone
Heating Fuel
Natural Gas
Heating Type
Forced Air
Stories Total
2
Size Interior
1,100 - 1,500 Sqft
Type
Triplex
Utility Water
Municipal Water
Parking
No Garage
—
Land
Acreage
No
Sewer
Sanitary Sewer
Size Depth
99 Ft
Size Frontage
29 Ft ,6 In
Size Irregular
29.5 X 99 Ft
Size Total Text
29.5 X 99 Ft
Zoning Description
N4b
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.
Cost of ownership
Est. monthly payment
$3,542/mo
Ontario land transfer tax
$12,473 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.