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$ 2,600,000
Est. payment /mo
Active
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 featuring 7 units, with top-dollar rents and an unbeatable location. Over $1.3 million in renovations were completed in 2011, including new electrical, heating systems, kitchens, bathrooms, windows, and flooring a true top-to-bottom transformation.Situated in the prestigious Golden Triangle, just two blocks from the Rideau Canal and Elgin Streets vibrant cafes, restaurants, shops, and transit. This immaculate building offers spacious units with soaring 10-foot ceilings, hardwood floors, and abundant natural light. Kitchens feature granite countertops, quality appliances, and ample storage. Self managed with excellent tenants and a strong rental history, this property is truly turnkey. 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 acquire a beautifully renovated, fully leased property in one of Ottawas most desirable neighborhoods.
Location
Province 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