This rare investment opportunity features two fully leased properties 1 mixed use and 1 commercial and a vacant parking lot spanning approximately 201 by 101 feet in the heart of ...


Property

Website:https://www.nestseekers.com/4614232
Address:
Lower Town - Sandy Hill K1N 5J1
Canada
Ownership: For Sale
Type: Unknown

Financials

Price:C6,800,000
($4,784,000)
(€4,201,900)
Annual Taxes:C74,593.48

Description

This rare investment opportunity features two fully-leased properties (1 mixed-use and 1 commercial) and a vacant parking lot spanning approximately 201 by 101 feet in the heart of downtown Ottawa. Strategically positioned between St. Andrew Street and Guigues Avenue, along the well-trafficked Dalhousie corridor, the portfolio includes 10 commercial units(7 Tenants) and 6 residential apartments, all fully occupied.Generating a strong gross income of over $449,000 annually, the offering presents stable cash flow with upside potential through future rent escalations or site intensification. Zoned TM (Traditional Mainstreet), the properties benefit from flexible zoning that supports a wide range of commercial and residential uses, making this a rare and versatile holding in one of Ottawas most dynamic urban neighbourhoods.Opportunities to acquire this scale and street presence in the ByWard Market area are exceptionally limited, particularly with assembled frontage and secure income in place.

Amenities

  • Public Transit

Contact

Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario