186 James Street, Ottawa Centre, ON K1R 5M7

Ottawa Centre K1R 5M7 Ontario

MLS: X12542896

$3,195,000

Added 2 hours ago | For Sale

Listed by: DISTRICT REALTY CORPORATION

About Property

Discover a beautifully restored 11-unit multi-family building ideally situated in the heart of Ottawa. This fully modernized property presents a turn-key investment with strong tenant appeal and minimal ongoing capital requirements. Each suite showcases thoughtful design and durable finishes, blending heritage charm with modern functionality - a rare balance that ensures lasting desirability and consistent rental demand. In 2015, the building underwent significant upgrades, including a new boiler, a replaced roof, and the addition of air conditioning and a common laundry room. Two on-site parking spaces further enhance its appeal in this central urban setting. Positioned within walking distance of grocery stores, restaurants, nightlife, Chinatown, and the Elgin Street corridor - and minutes from Highway 417 - this property benefits from exceptional accessibility and strong location fundamentals. With its combination of historic character, quality upgrades, and steady income potential, 186 James Street represents a secure, long-term addition to any investor's multi-residential portfolio.

Features

  • House Style:Investment
  • Bathrooms:
  • Land Size: 42 X 109
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:Bay Street
  • Basement: ,
  • Possession Date:Fully rented
  • Annual Property taxes: $15964.53
  • Bedrooms:
  • Total Parking Spaces:3
  • Parking Places:3
  • Heating Type:Gas Hot Water
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12542896

About Agent
Tajinder Sarao
REALTOR®
(647) 206-7222 [email protected]
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