FOR SALE
$1,599,900
182 Ottawa, Hamilton, ON, L8H 3Z5
7116
About the Property
Rare opportunity to acquire a large parcel in one of Ottawa's most strategic downtown locations. This solid six-unit building features five 1-bedroom units and one spacious 3-bedroom unit, with the sale also including the adjacent parking lot, creating a substantial land holding just minutes from Parliament Hill, Foreign Affairs, the ByWard Market, the University of Ottawa, and countless shops, restaurants, and employment hubs. The property can be taken over as a turnkey income-producing investment with all units currently tenanted, providing immediate rental revenue, or reimagined as a future redevelopment site in a highly desirable urban location. Combined with the generous yard and parking area, this offering presents exceptional potential for investors, developers, and land bankers alike.
Property is being sold in "as-is, where-is" condition. 6.2% cap rate. All units are tenanted and a minimum of 24 hours' notice is required for all showings.
About the Property
Rare opportunity to acquire a large parcel in one of Ottawa's most strategic downtown locations. This solid six-unit building features five 1-bedroom units and one spacious 3-bedroom unit, with the sale also including the adjacent parking lot, creating a substantial land holding just minutes from Parliament Hill, Foreign Affairs, the ByWard Market, the University of Ottawa, and countless shops, restaurants, and employment hubs. The property can be taken over as a turnkey income-producing investment with all units currently tenanted, providing immediate rental revenue, or reimagined as a future redevelopment site in a highly desirable urban location. Combined with the generous yard and parking area, this offering presents exceptional potential for investors, developers, and land bankers alike.
Property is being sold in "as-is, where-is" condition. 6.2% cap rate. All units are tenanted and a minimum of 24 hours' notice is required for all showings.
Features
Property Details
MLS#:
X13517736
Status:
For Sale
Property Type:
Investment
Central A/C:
No
Bedrooms:
Heating Fuel:
Baseboard
Bathrooms:
Heating Type:
Baseboard
Parking:
Cross Street:
King Edward & St Andrew
Basement:
Maintenance:
Features
Property Details
MLS#:
X13517736
Status:
For Sale
Property Type:
Investment
Central A/C:
No
Bedrooms:
Heating Fuel:
Baseboard
Bathrooms:
Heating Type:
Baseboard
Parking:
Cross Street:
King Edward & St Andrew
Basement:
Maintenance:
Exterior:
Possession Date:
Presented By:
CENTURY 21 SYNERGY REALTY INC
Exterior:
Possession Date:
Presented By:
CENTURY 21 SYNERGY REALTY INC