Address
451 & 453 - 453 Catherine Street N, Ottawa, ON
Price
$ 1,099,000

Your Agent

David Lyon

Sales Representative

613-704-3063


Listing provided by David Lyon, Sales Representative, REMAX Hallmark Realty Group

Property Attributes
  • ID#X13530468
  • TypeMulti-Family
  • Listing Status Active
  • MunicipalityOttawa
  • CityOttawa
  • Area4103 - Ottawa Centre
  • Neighbourhood4103 - Ottawa Centre
  • Postal CodeK1R 5T7
  • Style
  • Price$ 1,099,000
  • Bedrooms6
  • Bathrooms2
  • Half Bathrooms1
Data Source:
Canadian Real Estate Association (CREA)
Property Description

Exceptional commercial/residential investment opportunity in a prime Ottawa Centre location. This well-maintained property offers strong existing tenancy, excellent income potential, and future flexibility for investors, entrepreneurs, or owner-occupiers. Located in a highly visible commercial hub with excellent exposure, convenient access to Highway 417, and proximity to Dow's Lake, Lansdowne, and Ottawa's downtown core, this property offers outstanding accessibility and long-term potential. Situated on a generous lot of approximately 33 ft x 99 ft, the property features rear parking for up to 6 vehicles and a versatile layout with multiple income streams. This property includes approximately 1,100 sq. ft. per side, plus basement space. One office space is currently owner-occupied and could potentially be rented for approximately $3,000/month. Additional income includes Unit 453, a spacious 3-bedroom, 1-bathroom unit with in-unit laundry plus parking, currently rented for $1,850/month. Unit 451 is a second-floor 3-bedroom, 1-bathroom unit with kitchen and parking, currently rented for $1,450/month, with potential for future rent increase. The property also benefits from stable tenancy and strong rental demand. Ideal for investors looking to expand their portfolio or buyers seeking a live-work/business opportunity with additional revenue. A rare find with excellent parking, strong income, visibility, and future business potential. Book your showing today and explore all the possibilities this unique property has to offer. Separate utilities: Roof replaced (2023), Furnace (2016). Great opportunity to secure a property that offers both immediate revenue and long-term growth. Book your showing today! (id:7434)

General Features

Property Type Multi-family
Zoning Description General Mixed Use
CommunityName 4103 - Ottawa Centre
Building Appliances Water Heater, Two stoves, Two Refrigerators
Building Cooling Type Central air conditioning
Location Description Cross Streets: Catherine Street. ** Directions: From Trans-Canada Hwy/ON-417 W, take exit toward Bronson Ave. Merge onto Catherine St.
Parking Space Total 6
Foundation Type Concrete, Stone
Building Type Triplex
Building.StoriesTotal 2

Interior Features

Building Fireplace Present False
Building Heating Type Forced air
Building Heating Fuel Natural gas
Basement Development Partially finished
Basement Type Full (Partially finished)
Living Area Range 2000
Bedrooms 6

Exterior Features

Sewer Sanitary sewer
Exterior Finish Brick

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in K1R 5T7

Price
AVG $1.1M
$1.1M

Your Agent

David Lyon

Sales Representative

613-704-3063


Listing provided by David Lyon, Sales Representative, REMAX Hallmark Realty Group

Listed By
RE/MAX HALLMARK REALTY GROUP

Areas We Cover