Welcome to a standout investment opportunity in the heart of downtown Ottawa! Located in a quiet, highly desirable neighborhood, this meticulously maintained multi-unit residential property offers the perfect blend of stability and future upside. Comprised of 6 fully rented units, it also features a finished, vacant 7th unit offering the potential to legalize and create additional rental income. With 7 total parking spots and strong tenant demand, this property is well-positioned for long-term growth. Recent upgrades include a newer boiler (2022), fire retrofit completed (2025), and separate hydro meters for all units ensuring simple, transparent management for both landlord and tenants. Rarely do you find an income property of this age in such exceptional condition. Whether you're a seasoned investor or just getting started, this is a prime opportunity to acquire a turn-key asset in one of Ottawa's most sought-after locations. |
Price | $1,600,000 |
Taxes: | $11998.00 |
Tax Type: | Annual |
Occupancy: | Tenant |
Address: | 95/97 CONCORD Stre North , Glebe - Ottawa East and Area, K1S 0Y7, Ottawa |
Postal Code: | K1S 0Y7 |
Province/State: | Ottawa |
Legal Description: | LT 2, PL 48 , E CONCORD ST ; S/T SPOUSAL |
Lot Size: | 20.13 x 98.82 (Feet) |
Directions/Cross Streets: | Corner of Concord St N and Havelock |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 0 | |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 | |
Washroom Type 6 | 0 | |
Washroom Type 7 | 0 | |
Washroom Type 8 | 0 | |
Washroom Type 9 | 0 | |
Washroom Type 10 | 0 | |
Washroom Type 11 | 0 | |
Washroom Type 12 | 0 | |
Washroom Type 13 | 0 | |
Washroom Type 14 | 0 | |
Washroom Type 15 | 0 | |
Washroom Type 16 | 0 | |
Washroom Type 17 | 0 | |
Washroom Type 18 | 0 | |
Washroom Type 19 | 0 | |
Washroom Type 20 | 0 | |
Washroom Type 21 | 0 | |
Washroom Type 22 | 0 | |
Washroom Type 23 | 0 | |
Washroom Type 24 | 0 | |
Washroom Type 25 | 0 | |
Washroom Type 26 | 0 | |
Washroom Type 27 | 0 | |
Washroom Type 28 | 0 | |
Washroom Type 29 | 0 | |
Washroom Type 30 | 0 | |
Washroom Type 31 | 0 | |
Washroom Type 32 | 0 | |
Washroom Type 33 | 0 | |
Washroom Type 34 | 0 | |
Washroom Type 35 | 0 | |
Washroom Type 36 | 0 | |
Washroom Type 37 | 0 | |
Washroom Type 38 | 0 | |
Washroom Type 39 | 0 | |
Washroom Type 40 | 0 |
Category: | Apartment |
Building Percentage: | T |
Total Area: | 6512.16 |
Total Area Code: | Square Feet |
Water Expense: | $1938 |
Net Income Before Debt: | $77937 |
Expenses Actual/Estimated: | $Act |
Washrooms: | 0 |
Heat Type: | Radiant |
Central Air Conditioning: | No |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
CENTURY 21 SYNERGY REALTY INC |
|
Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Ottawa |
Municipality: | Glebe - Ottawa East and Area |
Neighbourhood: | 4408 - Ottawa East |
Lot Size: | 20.13 x 98.82(Feet) |
Tax: | $11,998 |
Fireplace: | N |