Ottawa & Eastern OntarioNicolas Sigounis, REALTOR® · EXIT Realty Matrix, Brokerage

202 Rochester Street Ottawa, Ontario K1R 7M6

6,063 sqft
None Baseboard Heaters

$1,550,000

Investment opportunity in the heart of Ottawa's Centre town West/Little Italy. This well-positioned six-unit multi-residential property offers a strong combination of current income and future upside. Featuring three 2-bedroom units, two 3-bedroom units, and one 1-bedroom unit, the property generates approximately $129,600 in gross annual rental income. The property benefits from rear parking, generous unit layouts, and opportunities to further optimize rents and operating expenses. Located steps from Preston Street and Chinatown, with convenient access to restaurants, retail, transit, and ongoing infill development throughout the surrounding area. A solid income-producing asset in a central Ottawa location with long-term investment potential. (id:67947)

Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number X13834104
Property Type Multi-family
Neigbourhood Centretown West
Community Name 4205 - West Centre Town

Building

Cooling Type None
Heating Type Baseboard Heaters
Size Interior 6,063 Sqft
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Size Depth 100 Ft
Size Frontage 53 Ft ,6 In
Size Irregular 53.5 X 100 Ft
Size Total Text 53.5 X 100 Ft
Zoning Description N4b[951]-c

https://www.realtor.ca/real-estate/30334261/202-rochester-street-ottawa-4205-west-centre-town

Nicolas Sigounis, REALTOR®

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Nicolas SigounisREALTOR® · EXIT Realty Matrix, Brokerage

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Listing courtesy of Yisha Chang, Exp Realty

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Want an introduction? Call or text Nicolas at 613-859-9331 or email Nicolas@SigounisProperties.ca. No referral fees: Nicolas is not paid for these introductions.

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Estimate only. This is not a rate offer or a mortgage approval. Payments use Canadian semi-annual compounding. Insurance premiums, taxes and rates can change, and legal fees, adjustments and other closing costs are not included. Confirm your numbers with your lender.