Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

186 James Street, Ottawa Centre, ON K1R 5M7 (Bay Street)
$ 3195000 - MLS : X12542896

From Our Gallery

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 Description

Bay Street

Property Detail

Community: 4103 - Ottawa Centre
Property Type: Tenant/Commercial
Garages: None
Annual Property Taxes : $ 15964.53

Lot dimensions: sqft
Baths:

Facts and Features

Parking Type : None

Amenities

Heating : Gas Hot Water

Listing Contracted With: DISTRICT REALTY CORPORATION

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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