**PREMIUM FOURPLEX INVESTMENT IN OTTAWA'S EMBASSY DISTRICT!**A rare opportunity to acquire a **turnkey, income-producing FOURPLEX** in one of Ottawa's most desirable and supply-constrained rental locations. Situated on a quiet dead-end street in the heart of Lower Town, this property offers the idea...l combination of **stable cash flow, strong tenant demand, rental upside, and long-term appreciation potential**.The building consists of **four spacious 2-bedroom units**, a highly desirable configuration for professional tenants, couples, government employees and long-term renters. Each suite features a full kitchen, renovated bathroom and **in-suite laundry with five appliances**, helping support strong tenant retention and marketability. Select units also offer added architectural character with **fireplaces and skylights**.From an operational standpoint, the property is well optimized with **separate hydro meters**, reducing landlord expenses and improving overall efficiency. Historically low vacancy and consistent tenant demand provide dependable income, while current rents offer **meaningful future growth potential** as units turn over. The location is exceptional - just minutes from **Global Affairs Canada, the ByWard Market, Ottawa River, downtown, transit, restaurants, shops and major employment hubs**. This is the type of central, established neighbourhood where quality multi-unit properties are increasingly difficult to acquire. Includes **3 parking spaces**.An excellent opportunity for investors seeking a **low-maintenance, long-term hold with reliable income, limited vacancy exposure, rental growth potential and strong underlying land and location value**.
Full Property Details
Interior
Bedrooms
8
Total Bedrooms
8
Washrooms
4
Square Footage
3500-5000 sqft
Basement
Crawl Space
Heating Source
Electric
Heating Fuel
Baseboard
Air Conditioning
Wall Unit
Family Room
Yes
Kitchens
4
Total Kitchens
4
Fireplace Features
Yes
Bedrooms
8
Total Bedrooms
8
Washrooms
4
Square Footage
3500-5000 sqft
Basement
Crawl Space
Heating Source
Electric
Heating Fuel
Baseboard
Air Conditioning
Wall Unit
Family Room
Yes
Kitchens
4
Total Kitchens
4
Fireplace Features
Yes
Exterior
Depth
99.19
Front
33.28
Lot Size
33 x 99.19 ft
Pool
None
Parking Spaces
3
Total Parking Spaces
3.00
Parking Description
None
Garage Spaces
0
Depth
99.19
Front
33.28
Lot Size
33 x 99.19 ft
Pool
None
Parking Spaces
3
Total Parking Spaces
3.00
Parking Description
None
Garage Spaces
0
Building Description
Style
2 1/2 Storey
Home Type
Apartment
Subtype
Fourplex
Property Orientation
South
Exterior Finish
Brick,Other
Sewers
Sewers
Water Supply
Municipal
Possession Date
No Data
Style
2 1/2 Storey
Home Type
Apartment
Subtype
Fourplex
Property Orientation
South
Exterior Finish
Brick,Other
Sewers
Sewers
Water Supply
Municipal
Possession Date
No Data
Community
Community
Lower Town/Byward Market
Community
Lower Town/Byward Market
Taxes & Fees
Taxes
$11,252 /yr
Tax Year
2025
Occupancy
Tenant
Taxes
$11,252 /yr
Tax Year
2025
Occupancy
Tenant
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