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Welcome to 453 Booth, a one-of-a-kind modern triplex located near Little Italy and Chinatown. Close to plenty of amenities. This stunning triplex boasts not only a unique design and build, but also modern finishes throug
Modern Turn-key Triplex located in West Centre town, These one-bedroom loft apartments offer 11-foot ceilings, high-end quality kitchens with quartz counters, and in-unit laundry. Oversized windows for very bright and op
Welcome to 48 Louisa. Investment opportunity; four plex in West Centre town zoned R4T. Located on an oversize lot (49.93ft x 91.84ft) in a thriving neighbourhood perfect for young professionals. Walking distance to Litt
Public Remarks: Well, maintain a solid 15-unit building, which includes 6-2 bedrooms, 8-1 bedrooms, and 1 bachelor apartment.. Many updates have been completed in most of the units in the last 9 years including bathrooms
Location, Location, Location! Attention Investors Big and Small! This is a rare opportunity you don't want to miss! Just a 7-minute walk to the St. Laurent Shopping Center, steps to transit, and minutes to the highway it
prime downtown location! steps from Ottawa U Sandy Hill, footbridge, Rideau sports club, Loblaws and NCC Park. minutes to Parliament, foreign affairs and major hospitals. easy access to the Ottawa river and City's best a
This triplex is located in one of Ottawa's most desirable neighborhoods, offering a vibrant community with a mix of trendy shops, restaurants, and recreational spaces. Its proximity to Westboro Beach and convenient acces
Welcome to 263 Michel Circle, a turnkey duplex steps from Beechwood, one of Ottawa's fastest-growing neighbourhoods. This tenanted, income-generating property offers great potential for any investor. The upper unit featu
Calling all Investors and Buyers! This triplex is fully rented and equipped to make sure tenants are comfortable and enjoy their space. This home also has the opportunity to be converted back to family home + In-law suit
Presenting a beautifully renovated duplex in the heart of Nepean, offering a prime investment opportunity with strong rental income and modern upgrades. Originally a bungalow with an unfinished basement, this property ha
This building mixes modern finishings and classic charm. Each unit is renovated and showcases stunning hardwood floors, ensuring not only a sophisticated look but also ease of maintenance. Recent updates are well documen
Incredible opportunity to own a charming, well-maintained Duplex in the heart of Old Ottawa South- just steps from Bank Street and walking distance to Lansdowne, the Rideau Canal, Carleton University, and so much more! T
Welcome to 132, 134, & 136 Elm St! These tastefully updated multi-family residence feature three renovated century townhomes with original charm located in a prime location! Excellent income producing investment property
Don't miss out on this fantastic opportunity! Explore this very large recently renovated, ready-to-go brick Triplex in vibrant Hintonburg. Comprised of 2 extremely spacious VACANT 3-bedroom units ($2,500 & $2400 conserva
Welcome to this beautifully renovated legal duplex bungalow situated on a spacious 65 x 100 ft lot. Thoughtfully updated from top to bottom, this home offers exceptional versatilityideal for a single family, multi-genera
Great investment opportunity! Long term fully tenanted with yearly rent income of $51,360.Separate entrances for each unit.- Upper Unit-A : 3 Bed + 1 Bath + Kitchen + Washer/Dryer + Dishwasher- Lower Unit-B : 3 Bed + 1 B
Spacious, Well-Maintained Triplex in the Heart of Westboro A Rare Opportunity Located on a quiet street in highly desirable Westboro, this bright and purpose-built triplex sits on an oversized 44' x 148' lot with ample
Nestled in a PRIME SPOT; Close to amenities, CONVENIENT for University students. This Sandy Hill TRIPLE; Meticulously maintained & thoughtfully updated, this building boasts a pristine appearance & has enjoyed full occup
Turnkey Duplex in the Heart of Vanier perfect for Investors or Owner-Occupants! Opportunity knocks with this solid, completely rebuilt duplex in sought-after Vanier. Reconstructed from the foundation up in 2004, this spa
Welcome to 72 MacLaren, red brick Grande Dame reimagined into a luxury duplex in Ottawa's sought-after Golden Triangle steps from the Rideau Canal, Elgin Street, City Hall, the NAC, & the Corktown Footbridge to Sandy Hil
ATTENTION INVESTORS! **70,000 GROSS INCOME** Don't miss this turnkey investment opportunity to own a FULLY RENTED MULTI UNIT in the heart of Britannia. This duplex (w/ additional legal secondary dwelling) unit is near th
Fully renovated side-by-side Duplex w/ TRIPLEX POTENTIAL. Prime Investment Opportunity! SEPARATE UTILITIES, LAUNDRY & all NEW SYSTEMS! Vacant possession - set your own rents! Located in the highly sought-after Lakeview P
FULLY Renovated from Rooftop to Foundation, this DUPLEX in Britannia Park backs onto the Mud Lake Conservation area, faces the walking paths at Britannia Beach and is a short bike ride to Pickleball and boating at the Br
Beautifully renovated duplex in the heart of Ottawa! 305 Olmstead Street sits on a spacious lot, offering incredible potential for investors, homeowners, or future development. Featuring a 2-bed upper unit and 1-bed lowe
Investors, this is an exceptional opportunity. This fully renovated fourplex is situated in the heart of downtown Ottawa, offering a high walk score and unparalleled access to Sussex Drive, the Byward Market, the Ottawa
Welcome to the Whitney House! An iconic address in the Glebe! Overlooking the Rideau Canal, this charming residence boasts unequaled views of the water that capture the essence of urban living amidst nature's beauty. Wit
Introducing 25 Rosemount, an exceptional commercial property nestled in the vibrant community of Hintonburg. This prime location offers endless opportunities for your business endeavours. Upon entering the main floor, yo
Unique opportunity located at 2147 Mer Bleu Rd, Orleans! This well-located split-level home on a generous 0.21-acre lot boasts valuable IG7H(21) zoning, offering incredible flexibility for homeowners and investors alike
Welcome to 193 Gladu Street, a charming duplex in one of Ottawa's most sought-after neighbourhoods. This unique property functions as a single-family home with a self-contained one-bedroom, one-bathroom unit at the rear
High-end semi-detached residential with SECONDARY DWELLING UNIT (Unit A and Unit B) in Westcliffe Estates with great rental income!!! Fully Rented for $2,700+Hydro for upper floor unit (498A) and $1,950+Hydro for lower u
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Ottawa's commercial real estate market offers a variety of opportunities for buyers looking for apartment buildings. The city's stable market trends make it an attractive option for investment.
The Ottawa market has remained active, with many apartment buildings available for purchase. Popular neighbourhoods like Lower Town and Centretown are known for their desirable properties. These areas offer a mix of modern and traditional buildings, providing various options for different investment strategies.
Economic factors significantly influence Ottawa's commercial real estate market. Recent trends show stability, with a balanced market expected to continue. It's crucial to stay informed about current market conditions and seek advice from professionals to make well-informed decisions.
Explore our platform to find the perfect apartment building investment in Ottawa. We offer the latest listings and detailed information on available properties.
Purchasing an apartment building in Ottawa can be a smart investment. We'll cover why investing in this dynamic city's property market is beneficial and guide you through the buying process.
Ottawa is a growing city with various thriving neighbourhoods like the Glebe and Centretown. These areas have a mix of historic charm and modern amenities, making them attractive for tenants.
The city has a stable economy supported by the federal government, tech sector, and educational institutions. This means a steady demand for rental properties and the potential for property value appreciation.
Ottawa's price range for apartment buildings is diverse. You can find more affordable options or high-end properties depending on your budget. This flexibility makes it easier to find an investment that fits your financial goals.
Start by defining your budget and investment goals. Know what you can afford and the type of returns you expect. Look into different neighbourhoods to see where demand is high.
Work with a local commercial real estate agent who knows the market well. They can help you find deals in sought-after areas like Centretown or the Glebe.
Visit potential properties and assess their condition. Look at factors like location, amenities, and the potential for rent increases. Register free as a buyer to use our platform to compare listings and get an idea of current prices.
Once you’ve found a property, hire a lawyer to handle legal details and ensure a smooth transaction. Consider getting a property inspection to avoid unexpected repair costs.
When you're looking for the right apartment building in Ottawa, there are several strategies that can help you find the perfect match. From choosing the best neighbourhood to understanding listing details, every step matters.
Start by browsing MLS listings and commercial real estate websites like Find Businesses 4 Sale. These platforms offer a variety of apartment buildings available for sale in Ottawa with detailed information about each listing.
Consider hiring a commercial real estate agent or broker who specializes in multi-unit properties. They have local market knowledge and can provide insights that you might miss. It's also wise to filter your online searches by specific criteria such as price, number of units, and amenities.
Make use of tools like our mortgage calculators. This helps you understand the financial aspects better. Don't forget to check the building's income potential by looking at the current rent roll and any vacant units.
When evaluating a location, think about what tenants desire. Neighbourhoods like Sandy Hill are popular due to their proximity to the University of Ottawa and downtown. Easy access to public transit, amenities, and low crime rates are also important factors.
Inspect the physical condition of the apartment building. Check the foundation, roof, plumbing, and electrical systems. Older buildings might have character but could require more maintenance. Determine if renovations are needed and estimate the costs involved.
Consider the size and layout of the units. Larger apartments (higher sqft) can attract families, while smaller units might be more appealing to students or single professionals. Evaluate the common areas and ensure they are well-maintained.
These steps will help you make a more informed decision and find an apartment building in Ottawa that meets your investment goals.
When investing in apartment buildings in Ottawa, it's crucial to understand your financing options. Whether you’re using a mortgage or partnering with other investors, knowing the specifics will help you make a better decision.
Mortgages are a common way to finance your apartment investment. Banks and lenders, including CMHC's Apartment Construction Loan Program, offer loans that can fund up to 100% of the residential component.
For buildings with five or more units, you typically need a commercial mortgage. These come with higher interest rates and stricter criteria than residential loans. It's vital to consult with a Realtor® or broker familiar with Ottawa's commercial real estate market to navigate these complexities.
Interest rates, loan terms, and down payment requirements vary by lender. Always compare options before committing.
Partnering with other investors is another method to fund your apartment purchase. This approach reduces individual financial risk and can provide more capital for larger investments.
Investors can be individuals, a Cooperative Selling System, or corporate entities. Defining roles and profit-sharing structures is essential in these partnerships. You might work with Independently Owned and Operated firms to find potential partners.
Creating a formal agreement outlining each party's responsibilities and returns on investment can prevent future disputes. This cooperative approach might lead to more profitable ventures and can be invaluable for first-time investors.
When owning residential complexes in Ottawa, you need to be aware of zoning laws and rental regulations. These rules ensure your property is used correctly and meets all necessary standards. This section will guide you through the basics.
Zoning laws in Ottawa dictate how land can be used. If you're looking into apartment buildings for sale, you must check the zoning classification. It determines if the property can be used for residential purposes like condos, townhouses, or apartments. The City of Ottawa's website provides zoning maps and details.
Key Points:
Zoning Types: R4, R5 for residential apartments
Height Limits: Buildings may have height restrictions
Density Restrictions: Maximum number of units per property
Contacting the city’s planning department can help clarify any zoning issues. Their guidelines ensure your property adheres to legal requirements, avoiding potential fines or alterations.
Owning a rental property involves following specific regulations. Ottawa's Rental Housing Property Management By-law No. 2020-255 sets standards for property maintenance, tenant relations, and safety.
Minimum Room Sizes:
Single occupancy: At least 5.5 m² (60 sq. ft.)
Shared rooms: At least 3.7 m² (40 sq. ft.) per person
Other Standards:
Maintenance: Regular inspections for safety and upkeep
Tenant Rights: Clear communication about leases, rent control laws
Safety Compliance: Fire codes, emergency exits
Review these regulations at the City of Ottawa's website or contact city archives for official copies. Keeping updated ensures you maintain a legal and tenant-friendly property.
The Glebe is one of Ottawa's most lively neighbourhoods. You'll find charming apartment buildings nestled amongst parks and boutique shopping. The area is perfect if you love dining out. With plenty of restaurants and cafes, there's always a new place to try. Plus, it's close to schools and grocery stores.
Westboro seamlessly blends urban life with natural beauty. If you're on the lookout for cozy and trendy apartments, this is your spot. Here, you're close to the Ottawa River, making for great walks. Westboro also offers a mix of luxury and convenience with numerous boutiques and gourmet dining options.
Next to the University of Ottawa, Sandy Hill is popular among students and young professionals. The neighbourhood has older houses converted into modern apartments. It’s close to the downtown area, which means you’re never far from the action. The area offers a mix of affordability and charm.
Families looking for tranquil living spaces close to downtown will appreciate Orleans. Apartments here are more affordable compared to other neighbourhoods. Enjoy parks and wide-open spaces, perfect for kids. Despite its tranquil nature, you’re still close to shopping centres and schools, making daily errands easier.
Popular Features:
Proximity to Downtown: Whether you’re in The Glebe, Sandy Hill, or Westboro, you’re not far from the downtown core.
Dining and Shopping: Each of these neighbourhoods offers a rich selection of dining and shopping options, whether you’re looking for boutique stores or bigger shopping centres.
Outdoor Spaces: From the Ottawa River near Westboro to local parks in Orléans, outdoor enthusiasts will find plenty to love.
With these neighbourhoods, there's something for everyone in Ottawa. Whether you're a student, a young professional, or a family, you'll find the perfect apartment that suits your lifestyle.
With increasing demand and rising rents, Ottawa's apartment market is promising for investment opportunities. Both short-term gains and long-term strategies can yield significant returns.
Ottawa has seen a surge in apartment construction, partly due to higher demand for rental units. New buildings are getting taller, with some exceeding 20 storeys. Over 25% of recent projects have more than 100 units. This trend suggests that future developments will continue to focus on high-density housing solutions to accommodate the growing population.
Rent prices are also climbing. Such trends indicate that the rental market will likely remain strong, making it a favourable time for investment in new and upcoming apartment buildings.
Owning property in Ottawa can be a solid long-term investment. With the rising demand for rental units and increasing rent prices, investors can expect steady returns. Ottawa is becoming a prime location for apartment complex investments due to its economic stability and growth prospects.
There is also potential for converting existing government-owned properties. These could be transformed into residential spaces, creating more housing options and increasing your rental income opportunities. So, if you are considering a long-term investment, Ottawa's apartment buildings offer promising prospects.
By keeping an eye on market trends and planning for the future, you can maximize your investment and benefit from the ongoing growth in Ottawa’s market.
Areas in Ottawa with a greater selection of apartment buildings for sale often include downtown Ottawa, ByWard Market, Centretown, and Westboro, popular for their central locations and access to amenities.
You can determine if an apartment building in Ottawa is a financially sound investment by analyzing factors such as its overall price, the rate of return from rental income, the condition of the property, and the demand for rentals in its location. Consulting with local real estate experts or hiring a property investment advisor could also provide valuable insights.
Look for amenities such as parking, laundry facilities, security systems, and proximity to public transportation and essential services like grocery stores and schools.
Research local rental market trends, vacancy rates, and average rental prices. Consulting with local property managers and real estate agents can also provide valuable insights into neighbourhood demand.
Familiarize yourself with Ottawa’s property management regulations, including tenant rights, maintenance standards, and local bylaws to ensure compliance and smooth operation of your investment.
When exploring investment opportunities, consider the variety of commercial properties for sale in Ottawa that can offer robust returns. If you're not ready to buy, there are plenty of commercial properties for rent in Ottawa that provide flexibility and access to prime business locations. For those focusing on retail, Ottawa boasts a diverse market with retail properties for rent in Ottawa and retail properties for sale in Ottawa, catering to different business models and budgets. Additionally, the city presents various businesses for sale in Ottawa, giving investors the chance to acquire established enterprises with a built-in customer base and operational framework.
https://ottawa.ca/en/living-ottawa/laws-licences-and-permits/laws/laws-z/zoning-law-no-2008-250
Discovering the best deals on Commercial Properties in Ottawa, Ontario requires thorough research. Take into account factors such as location, size, amenities, and future growth potential. Explore the three most popular offers:
Apartment Building at Booth , Apartment Building at Cambridge and Apartment Building at LOUISA .
The average price of Commercial Properties in Ottawa, Ontario is influenced by various factors. On average, prices range from $1,555,961. However, conducting a comprehensive market analysis is essential to grasp specific pricing trends in your desired area.
Find comprehensive information about Commercial Properties in Ottawa, Ontario on Find Businesses 4 Sale! Explore our catalog of offers, and if you have any questions, feel free to contact us; we're here to help! Meanwhile, consider checking out the three newest listings:
Apartment Building at Booth , Apartment Building at Cambridge and Apartment Building at LOUISA . .
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