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$ 3,195,000
Est. payment /mo
Active
186 James ST Ottawa Centre, ON K1R 5M7
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision 4103 - Ottawa Centre
MLS Listing ID X12542896
Annual Tax Amount $15,964
Tax Year 2025
Property Sub-Type Investment
Property Description
Discover a beautifully restored, fully rented, 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, 186 James Street represents a secure, long-term addition to any investor's multi-residential portfolio.
Location
Province ON
County Ottawa
Community 4103 - Ottawa Centre
Area Ottawa
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 42.0
Lot Depth 109.0
Others
ParcelsYN No
Listed by DISTRICT REALTY CORPORATION