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$ 2,600,000
Est. payment /mo
New
159 Frank ST Ottawa Centre, ON K2P 0X4
11 Beds
7 Baths
UPDATED:
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
State ON
County Ottawa
Community 4104 - Ottawa Centre/Golden Triangle
Area Ottawa
Rooms
Family Room No
Basement Finished
Kitchen 7
Interior
Interior Features Carpet Free
Cooling None
Fireplace No
Heat Source Other
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 49.3
Lot Depth 89.1
Total Parking Spaces 7
Building
Foundation Stone
Listed by ROYAL LEPAGE TEAM REALTY