Exceptional opportunity to acquire a recently expanded and substantially renovated 16 unit apartment building in the heart of Sandy Hill, just steps from the University of Ottawa.


Property

Website:https://www.nestseekers.com/5566475
Address:
Lower Town - Sandy Hill K1N 7W6
Canada
Ownership: For Sale
Type: Unknown
Bedrooms: 21 BR
Bathrooms: 16

Financials

Price:C5,195,000
($3,715,600)
(€3,212,200)
Annual Taxes:C19,816

Description

Exceptional opportunity to acquire a recently expanded and substantially renovated 16-unit apartment building in the heart of Sandy Hill, just steps from the University of Ottawa. Offering a mix of furnished suites designed to appeal to students and young professionals, the property benefits from strong rental demand in one of Ottawa's most sought-after investment locations. Significant capital improvements and redevelopment have transformed the property into a modern multi-residential asset with attractive long-term income potential and continued lease-up upside. Ideally situated within walking distance of the University of Ottawa, Rideau Centre, ByWard Market, LRT stations, Parliament Hill and downtown employment centres. A compelling opportunity for investors seeking scale, location and future growth in Ottawa's dynamic rental market. Current rent roll, leases and due diligence materials available to qualified purchasers.

Amenities

  • On Demand Water Heater

Contact

Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario
Phone: