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. (id:15069)
| MLS® Number | X13064832 |
| Property Type | Multi-family |
| Neigbourhood | Byward Market |
| Community Name | 4001 - Lower Town/Byward Market |
| Amenities Near By | Public Transit, Place Of Worship, Hospital |
| Community Features | Community Centre |
| Parking Space Total | 3 |
| Bathroom Total | 5 |
| Bedrooms Above Ground | 6 |
| Bedrooms Total | 6 |
| Amenities | Separate Electricity Meters |
| Appliances | Water Heater, Dishwasher, Dryer, Stove, Washer, Refrigerator |
| Basement Type | Crawl Space |
| Exterior Finish | Aluminum Siding |
| Foundation Type | Stone, Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 0 - 699 Sqft |
| Type | Other |
| Utility Water | Municipal Water |
| Other | |
| Garage |
| Acreage | No |
| Land Amenities | Public Transit, Place Of Worship, Hospital |
| Sewer | Sanitary Sewer |
| Size Depth | 99 Ft ,2 In |
| Size Frontage | 33 Ft ,2 In |
| Size Irregular | 33.2 X 99.2 Ft |
| Size Total Text | 33.2 X 99.2 Ft |
| Surface Water | River/stream |
| Zoning Description | R4s |
https://www.realtor.ca/real-estate/29680501/70-bolton-street-ottawa-4001-lower-townbyward-market
Contact us for more information
No Favourites Found
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)