186 James Street, Ottawa Centre, ON K1R 5M7

Ottawa Centre K1R 5M7 Ontario

MLS: X12542896

$3,195,000

Added 10 days ago | For Sale

Listed by: DISTRICT REALTY CORPORATION

About Property

Beautifully restored 11-unit multi-family building in the heart of Ottawa, fully leased and income-producing from day one. New Build Quality Without New-Build Risk: In a central area with limited new supply, this fully modernized, turn-key property delivers near-new-build quality without the cost or risk of new construction. Capital Improvements (2015): New boiler; Roof replacement; Addition of air conditioning; & Installation of common laundry room. A turn-key investment, fully modernized with minimal near-term capital requirements and strong tenant retention. Well-appointed suites finished with durable materials that marry historic character with contemporary livability-engineered for sustained rental performance. Daily conveniences including grocery, pharmacy, and fitness are moments away, while major federal and municipal employment hubs anchor consistent demand. Seamless access to Highway 417, key arterials, and transit ensures connectivity across the city. A walkable, centrally positioned urban setting-bordered by Chinatown, Elgin Street, and the ByWard Market-drives tenant retention and long-term occupancy.

Features

  • House Style:Investment
  • Bathrooms:
  • Land Size: 42 X 109
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:Bay Street
  • Basement: ,
  • Possession Date:Fully rented
  • Annual Property taxes: $15964.53
  • Bedrooms:
  • Total Parking Spaces:2
  • Parking Places:2
  • Heating Type:Gas Hot Water
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12542896

About Agent
Get in Touch

By proceeding, you consent to receive calls and texts at the number you provided.

Powered by AgentEdge Inc

Terms & Conditions Privacy Policy

© Copyright All Rights Reserved.