21 Bedroom
16 Bathroom
0 - 699 sqft
Wall Unit
Radiant Heat
$5,195,000
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. (id:63476)
Property Details
|
MLS® Number |
X13441376 |
|
Property Type |
Multi-family |
|
Community Name |
4003 - Sandy Hill |
|
Parking Space Total |
5 |
Building
|
Bathroom Total |
16 |
|
Bedrooms Above Ground |
21 |
|
Bedrooms Total |
21 |
|
Appliances |
Water Heater - Tankless |
|
Basement Development |
Partially Finished |
|
Basement Type |
Full (partially Finished) |
|
Cooling Type |
Wall Unit |
|
Exterior Finish |
Brick, Steel |
|
Foundation Type |
Concrete, Stone |
|
Heating Fuel |
Natural Gas |
|
Heating Type |
Radiant Heat |
|
Stories Total |
3 |
|
Size Interior |
0 - 699 Sqft |
|
Type |
Other |
|
Utility Water |
Municipal Water |
Parking
Land
|
Acreage |
No |
|
Sewer |
Sanitary Sewer |
|
Size Depth |
99 Ft |
|
Size Frontage |
54 Ft |
|
Size Irregular |
54 X 99 Ft |
|
Size Total Text |
54 X 99 Ft |
|
Zoning Description |
N4b |
Utilities
|
Electricity |
Installed |
|
Sewer |
Installed |