Lower Town - Sandy Hill K1N 1K7

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 8 BR
Bathrooms: 4
Pets: Pets No

Financials

Price:C1,399,000
($1,027,733.38)
(€871,758.37)
Annual Taxes:C1,269.90
505 Park Ave, New York, NY 10022

Description

Location, Location, Location! Welcome to one of Ottawa's most sought-after neighborhoods right in the heart of the ByWard Market. It simply doesn't get better than this. This spacious and well-maintained FOURPLEX is ideally situated on a quiet dead-end street, steps away from the Ottawa River, scenic bike and walking paths, tennis courts, trendy pubs, renowned restaurants, Global Affairs Canada, the National Gallery of Canada, the National Research Council, and the Alexandra Bridge to Gatineau. Surrounded by embassies, this area offers not only a vibrant lifestyle but also peace of mind as one of the safest locations in the city. Each of the four generously sized units features 2 bedrooms, renovated bathrooms, and full kitchens, offering both comfort and convenience. Every unit comes equipped with five appliances, including in-unit washers and dryers, making them highly desirable for professional tenants. 2 Units are equipped with traditional functional fireplaces and skylights. The building boasts consistent occupancy with near-zero vacancy, thanks to its prime location and quality finishes. Current tenants are professionals working in the area, contributing to reliable and steady rental income. Additional features include: Positive cash flow with room for further growth Separate hydro meters for each unit Strong potential for long-term appreciation in a high-demand rental market Whether you're an investor seeking a turnkey income property or a buyer looking for a premium location, this is a rare opportunity not to be missed.

Amenities

  • Deck
  • Porch
  • Primary Bedroom - Main Floor
  • Separate Hydro Meter
  • Storage
  • Wood

Location, Location, Location !


    All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

    All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.