$2,600,000

159 Frank Street, Ottawa Centre, ON K2P 0X4

4104 - Ottawa Centre/Golden Triangle, Ottawa Centre,

11  | | | 5,000 sq.ft. | Year Built: 100+ |

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Absolutely pristine investment property 7-unit building with top-dollar rents and an unbeatable location. Over $1.3 million in renovations completed in 2011, including all-new electrical, heating systems, kitchens, bathrooms, windows, and flooring top-to-bottom transformation. Situated in the prestigious Golden Triangle, just two blocks from the Rideau Canal and Elgin Street's vibrant cafes, restaurants, shops, and transit. This immaculate building features large, spacious units, soaring 10-foot ceilings, hardwood floors, and abundant natural light through large windows. Kitchens boast granite countertops, quality appliances, and ample storage. Professionally managed with excellent tenants and zero vacancies a true turnkey opportunity. Includes 7 outdoor parking spaces offering added rental income potential. Residents enjoy nearby parks, tennis courts, bike paths, and easy access to the NAC and downtown core. With a net operating income (NOI) of over $128,700 and priced at $2,600,000, this is a rare opportunity to own a beautifully renovated, fully leased investment property in one of Ottawa's most desirable neighborhoods.

Property Info
MLS®: X12306932
Listing Courtesy of ROYAL LEPAGE TEAM REALTY
Total Bedrooms 11
Total Bathrooms 7
Basement 1
Floor Space 5000-5000 sq.ft.
Lot Size 4393 sq.ft.
Style 3-Storey
Last Updated 2025-07-25
Property Type House
Listed Price $2,600,000
Unit Pricing $520/sq.ft.
Tax Estimate $17,016/Year
Year Built 100+
More Details
Exterior Finish Brick, Stucco (Plaster)
Parking Total 7
Water Supply Municipal
Foundation Sewer
Summary
    Location and General Information
  • HoldoverDays: 90
  • Architectural Style: 3-Storey
  • Property Type: Residential Freehold
  • Property Sub Type: Multiplex
  • DirectionFaces: North
  • GarageType: None
  • Directions: Frank St. between Elgin St. and Cartier, take the Metcalfe entrance from the Queensway.
  • Taxes and HOA Information
  • Tax Year: 2025
  • Parking
  • ParkingSpaces: 7
  • Parking Total: 7
Interior and Exterior Features
    Bathrooms Information
  • WashroomsType1: 7
  • Bedrooms Information
  • BedroomsAboveGrade: 11
  • Interior Features
  • Interior Features: Carpet Free
  • Basement: Finished
  • Cooling: None
  • HeatSource: Other
  • HeatType: Water
  • LaundryLevel: Lower Level
  • Exterior Features
  • ConstructionMaterials: Brick, Stucco (Plaster)
  • Roof: Asphalt Shingle
  • Pool Features: None
Property
    Utilities
  • Sewer: Sewer
  • Property and Assessments
  • Foundation Details: Stone
  • Lot Information
  • Parcel Number: 041180232
  • LotSizeUnits: Feet
  • LotDepth: 89.1
  • LotWidth: 49.3
  • Others
Sold History
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