About this property

This is a rare opportunity to acquire two neighboring, income-producing multi-family buildings on **one title** in Ottawa's historic Lowertown. Comprising 14 residential units (7 per building), this stabilized investment is ideally located just minutes from the ByWard Market, Rideau Centre, the University of Ottawa, and major government employment hubs. The majority of suites are in excellent condition, with only a few offering value-add potential through light cosmetic updates and rental optimization. Major capital improvements-including roofs, windows, electrical upgrades, and efficient electric heat pumps-have already been completed, helping minimize near-term capital expenditures. Positioned in one of Ottawa's most desirable urban rental markets, the property benefits from strong demand driven by students, young professionals, and government employees. An assumable CMHC-insured mortgage is available, and the property is held in a standalone corporation, presenting a compelling opportunity for investors seeking stable cash flow with long-term upside.

Features & finishes

View

Air Conditioning

Basement

Property details

MLS® Number	X12851986
Status	Active
Listing Type	For Sale
Property Type	Commercial
Interior Size	0 sq ft
Beds / Baths	0 bed · 0 bath
Neighbourhood	4002 - Lower Town
City	Lower Town - Sandy Hill
Postal Code	K1N 8H1
Province	ON
Listed Date	March 5, 2026
Days on Market	155
Brokerage	EXP REALTY