Commercial Real Estate for Sale

REMARKS FOR CLIENTS: Previously listed as 2 seperate properties, now combines 6 unit apartment building AND adjacent parking lot. The building is a fully renovated 6-plex apartment building on storied Acacia Ave at the entrance to Rockliffe Park. The price now includes parking for 6 cars, and a parking lot that is2738sq ft. Parking lot has been severed and is zoned RUD4, changing to H4B H(11) allowing a wide variety of commercial and residential permitted uses in a 4 storey envelope. The building itself was renovated 5 years ago, with new wiring and plumbing throughout; new kitchens, bathrooms and flooring; in-unit washer / dryers; owned hot water tanks; fridge/stove/dishwasher/ microwave. Separate electrical panels in each unit with separate external meters, tenants pay hydro; electric heat. Building features two 1 bdrm + den units; 4 one bdrm units. All units have private balconies and / or green space. Annual Gross income = $143k, NOI =$118k. Units rent for $1,700-$2,200 / month. Tenants are younger / professionals. Recent survey available. Safe leafy neighbourhood where trendy New Edinburgh meets exclusive Rockliffe Park. Many funky / popular restaurants now dot the neighbourhood. Metro, Starbucks, a full BMO branch; RBC ATM and LCBO are a 10-minute walk away on Beechwood; Pet Valu and Bridgehead coffee are around the corner; vet clinic down the street. Area is being redeveloped and gentrified, attracting higher-end owners and renters. Surrounded by biking and jogging paths, and Rockliffe's secluded streets are great for leisurely walks, joggers & dog walkers. Great location for renters and investors alike.OFFER REMARKS: Listing agent owns the building. Offers to be accompanied by appropriate disclosure acknowledgement. 24 hours notice for viewing as a tenant courtesy.

Prime infill building lot in New Edinburg. 243.2 sq m (2700 sq ft) Currently zoned R4UD, changing to H4B H (11) in new zoning, allowing for 4 story building and a wide variety of commercial and residential uses.

Cap Rate = 5.6%. Fully renovated 6-plex apartment building on storied Acacia Ave at the entrance to Rockliffe Park. New bathrooms and kitchens w quartz countertops, new flooring, fridges, dishwashers, washer-dryers, microwaves and hot water tanks in all units in winter of 2021. New wiring and plumbing throughout. Building fully occupied with young professionals. Average lease length of 2 years, creating ample opportunity to increase rents to market value without additional capital improvements. Annual gross income of $143k. NOI of $121k. Electric heat, separate meters for each unit, tenants pay hydro. Two 1 bedroom garden-level walkout units with their own green space. Two 1 bedroom 1st floor units with private, west facing decks. Two 1 bedroom and den 2nd story units with private, east facing decks. Units rent from $1,800/ month to $2,200/month. Parking for 6 cars in adjacent lot, also for sale separately or combined. (See MLS: 13010148) Rent roll for all 6 units available. Recent survey available. Safe, popular, leafy neighbourhood with many attractive amenties within short walking distance, including Metro, LCBO, Starbucks, Bridgehead, Pet Value, vet clinics, restaurants and specialty shops. Bike and jogging paths, and winding, secluded streets of Rockliffe Park only a stones throw away. Great location and excellent investment opportunity.

Positioned in the heart of Ottawa's sought-after New Edinburgh / Lindenlea corridor, just steps to the vibrant shops, cafés, and steady foot traffic of Beechwood Avenue, this updated mixed-use building presents a compelling investment opportunity with excellent visibility. Zoned TM8 (Traditional Mainstreet), the property permits mixed-use development with both commercial and residential components- offering flexibility in a high-demand urban setting. The main level features a beautifully renovated commercial space, currently used as an office - thoughtfully designed with a welcoming client meeting area complete with fireplace, a functional kitchenette, two powder rooms, and two well-proportioned shared office spaces-well-suited for professional services or boutique business use.Above, a bright and updated 1-bedroom apartment offers a modern kitchen, 3-piece bath, and in-unit laundry, currently rented at $2,000/month. The lower-level apartment, also with laundry, provides additional income at $725/month. Both residential units are tenanted, delivering immediate and stable cash flow.Rear on-site parking adds convenience for both commercial and residential occupants. With its prime location, strong street presence, and flexible TM8 zoning, this is an exceptional opportunity to secure a strategic asset in one of Ottawa's most desirable and walkable neighbourhoods.

An incomparable investment opportunity in one of Ottawa's most sought-after neighborhoods awaits savvy investors. In the heart of Lindenlea, 6 rental units await all the benefits of an advantageous address: minutes to amenities and specialty shops of Beechwood Village, Global Affairs and the Byward Market. Steps to transit for a swift commute downtown or out of the city. Surrounded by bike paths, parks and heritage homes, this opportunity is an optimal long term investment for the right portfolio. At approximately 1000 sq.ft each, these units boast generous spaces that are difficult to find in todays rental market. Each well maintained suite features 2 bedrooms, full bath, bright living spaces, laundry, and a private garden. With room for a BBQ or urban garden, the appeal and ease with which to attract tenants is ready-made. Some lower levels are finished, while others await customization. Take advantage of this project which offers excellent value to get in on the ground floor and reap the benefits.