159 Frank ST new

Ottawa Centre,ON K2P 0X4

$ 2600000

11 Beds

7 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 5000 +

Subdivision 4104 - Ottawa Centre/Golden Triangle

MLS Listing ID X12306932

Style 3-Storey

Bedrooms 11

Building Age 100+

Annual Tax Amount $17,016

Tax Year 2025

Property Sub-Type Multiplex

Property Description

Absolutely pristine investment property 7-unit building with top-dollar rents and an unbeatable location. Over $1.3 million in renovations completed in 2011, including all-new electrical, heating systems, kitchens, bathrooms, windows, and flooring top-to-bottom transformation. Situated in the prestigious Golden Triangle, just two blocks from the Rideau Canal and Elgin Street's vibrant cafes, restaurants, shops, and transit. This immaculate building features large, spacious units, soaring 10-foot ceilings, hardwood floors, and abundant natural light through large windows. Kitchens boast granite countertops, quality appliances, and ample storage. Professionally managed with excellent tenants and zero vacancies a true turnkey opportunity. Includes 7 outdoor parking spaces offering added rental income potential. Residents enjoy nearby parks, tennis courts, bike paths, and easy access to the NAC and downtown core. With a net operating income (NOI) of over $128,700 and priced at $2,600,000, this is a rare opportunity to own a beautifully renovated, fully leased investment property in one of Ottawa's most desirable neighborhoods.

Location

Province ON

County Ottawa

Community 4104 - Ottawa Centre/Golden Triangle

Area Ottawa

Rooms

Family Room No

Kitchen 7

Interior

Cooling None

Exterior

Pool None

Roof Type Asphalt Shingle

Building

Foundation Stone

View More
Favorite Go Tour