Description

 Price: $ 1,149,900.00 MLS^®: X13064832         Location : 70 Bolton Street, Lower Town - Sandy Hill, ON K1N 5A9

Discover a rare investment opportunity in the heart of Ottawa's historic ByWard Market. This charming and meticulously maintained 5-unit income property, zoned R4S, offers exceptional potential for investors looking to expand their portfolio in a high-demand location. Proudly cared for by long-time owners, the building boasts a strong rental history with zero vacancy and consistent demand from long-term tenants. Tucked just off Sussex Drive in a quiet, sought-after pocket, the property features four one-bedroom units and one two-bedroom unit. The main level includes a spacious two-bedroom unit with dual entry, along with a one-bedroom unit also offering front and private rear access. The upper level hosts three distinct one-bedroom units, each with its own layout and charm, including a bright and spacious suite filled with natural light. Additional income potential is provided by coin-operated laundry, while tenants benefit from private storage lockers and a secure rear shed for garbage and recycling. Fire retrofit certificate issued by Ottawa Fire Services in 2023. Fully tenanted and ideally located, this is a turnkey asset with strong cash flow and long-term upside, an excellent addition to any real estate portfolio. Located just 5 minutes from Parliament, Major's Hill Park, Bruyère Hospital, the Canadian Mint, Alexandra Bridge, the ByWard Market, and more.

Location Description

Gilberte-Paquette Ave.

Property Details

• Community: 4001 - Lower Town/Byward Market
• Property Type: Tenant/Residential Freehold
• Bedrooms: 6
• Bath: 5
• Garages: Other

Building Features

• Foundation Type: Stone-Block
• Construction Material: Aluminum Siding
• Total Parking Space: 3

Features

• Heating: Forced Air Gas
• Sewer: Sewer ,