Exceptional 4-Plex For Sale 

Attention Investors! Rare investment Opportunity in  the Most Highly Desirable Neighbourhoods of Ottawa’s Sandy Hill

Building Highlights

Expansion Potential

Add 2 bedroom with little invest generating over $24K annual income 

Annual Revenues

Generates over $104K annual income with low operating costs

About 349/351 Stewart Street, Ottawa 

Fire retrofit, with double safe and sound insulation and resilient channels to reduce noise

New roof with a 20-year warranty, new doors and windows

Minutes to DND, the University of Ottawa, the Byward MarketGlobal Affairs Canada, Shopify, grocery stores and parks

Fully leased until May 1, 2021. building configuration: 2 - 3 bedrooms, one
1 bedroom and one 4 bedroom unit
.

Set up for either pure investment or owner occupied

Separate electrical meters, new wiring through the entire building 

Radiant floor heating  in the basement.

Considerably upside potential as per current rent role to be increase by $2000/month

Building is set up to be easily separated into two legal conforming duplexes 

Well maintained, with nothing to do here but sit back, relax and collect the rent

TAKE A TOUR

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Only the Best

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HIgh-Finishes

Hardwood and Ceramic Floors
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Custom Bathroom Designs and Kitchens

7 bathrooms and 4 new kitchens custom fitted with the highest standards
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High Quality Property Management

All chattels, heating, and fire code systems professionally serviced every 6 months 
“The building, finishes and location, location, is most suitable for professional or ambassadorial tenancy. It reeks of a CLASS area and expected occupants. This is the HIGH END of Sandy Hill rental area, among many nearby embassies. ”   
J.S. NAPIORKOWSKI – Building Inspector

Quick Facts

Asking Price: $1.62M

Annual Rent $104K/ Expenses: $26,700

Easy Access

98 Walk Score.  83 Excellent Transit Score.  4 Parking Spots for Rent

100 % Occupancy Rate for 16 Years Solid

Perennial demand for occupancy, due to its prime location to downtown and  universities

$20K in Chattels

4 hot water heaters, washer, dryers, fridges, stoves, microwaves, and air conditioners

Area: 5900 Square feet

50 x 100-foot lot size. A land survey is available. Private Yard, Garage.

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