Discover a rare investment opportunity in the heart of Ottawa's historic ByWard Market. This charming and meticulously maintained 5-unit income property, zoned R4S, offers exceptional potential for investors looking to expand their portfolio in a high-demand location. Proudly cared for by long-time owners, the building boasts a strong rental history with zero vacancy and consistent demand from long-term tenants. Tucked just off Sussex Drive in a quiet, sought-after pocket, the property features four one-bedroom units and one two-bedroom unit. The main level includes a spacious two-bedroom unit with dual entry, along with a one-bedroom unit also offering front and private rear access. The upper level hosts three distinct one-bedroom units, each with its own layout and charm, including a bright and spacious suite filled with natural light. Additional income potential is provided by coin-operated laundry, while tenants benefit from private storage lockers and a secure rear shed for garbage and recycling. Fire retrofit certificate issued by Ottawa Fire Services in 2023. Fully tenanted and ideally located, this is a turnkey asset with strong cash flow and long-term upside, an excellent addition to any real estate portfolio. Located just 5 minutes from Parliament, Major's Hill Park, Bruyère Hospital, the Canadian Mint, Alexandra Bridge, the ByWard Market, and more. (id:48755)
| MLS® Number | X13064832 |
| Property Type | Multi-family |
| Community Name | 4001 - Lower Town/Byward Market |
| Amenities Near By | Public Transit, Place Of Worship, Hospital |
| Community Features | Community Centre |
| Parking Space Total | 3 |
| Bathroom Total | 5 |
| Bedrooms Above Ground | 6 |
| Bedrooms Total | 6 |
| Amenities | Separate Electricity Meters |
| Appliances | Water Heater, Dishwasher, Dryer, Stove, Washer, Refrigerator |
| Basement Type | Crawl Space |
| Exterior Finish | Aluminum Siding |
| Foundation Type | Stone, Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 0 - 699 Sqft |
| Type | Other |
| Utility Water | Municipal Water |
| Other | |
| Garage |
| Acreage | No |
| Land Amenities | Public Transit, Place Of Worship, Hospital |
| Sewer | Sanitary Sewer |
| Size Depth | 99 Ft ,2 In |
| Size Frontage | 33 Ft ,2 In |
| Size Irregular | 33.2 X 99.2 Ft |
| Size Total Text | 33.2 X 99.2 Ft |
| Surface Water | River/stream |
| Zoning Description | R4s |
https://www.realtor.ca/real-estate/29680501/70-bolton-street-ottawa-4001-lower-townbyward-market
Contact us for more information
Maggie Tessier
Broker of Record
(613) 443-4300
(613) 443-5743
www.exitottawa.com/
Michel Lebeau
Salesperson
(613) 443-4300
(613) 443-5743
www.exitottawa.com/