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.
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EXIT REALTY MATRIX
Source: TRREB,MLS®#: X13064832Originating MLS®#: Ottawa Real Estate Board
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 5
Heating
Forced Air, Gas
Cooling
Other
Appliances
Included: Water Heater Owned
Features
Separate Hydro Meter, Storage, Storage Area Lockers
Basement: Crawl Space
Has fireplace: No
Interior area
Living area range: < 700 null
Property
Parking
Total spaces: 3
Parking features: Available
Has garage: Yes
Features
Stories: 2
Pool features: None
Lot
Size: 3,295 Square Feet
Features: River/Stream, Rec./Commun.Centre, Public Transit, Place Of Worship, Hospital, Arts Centre
Details
Parcel number: 042160010
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Aluminum Siding
Foundation: Stone, Block
Roof: Asphalt Shingle,Other
Utilities & green energy
Sewer: Sewer
Community & HOA
Location
Region: Ottawa
Financial & listing details
Annual tax amount: C$10,332
Date on market: 4/30/2026
EXIT REALTY MATRIX
EXIT REALTY MATRIX
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