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$699,900
Ottawa
117 Percy Street, Ottawa, Ontario, K1R6C6
This multi-family property in Ottawa is for sale offering roughly 1,750 sq ft of space.
Exceptional investment opportunity in the heart of downtown Ottawa, just steps from Somerset, with excellent access to shops, restaurants, transit, and all downtown amenities. This unique property features two houses on one lot, offering two fully self-contained units, each spanning two levels and featuring separate entrances from both the main level and second level, providing privacy, flexibility, and strong rental appeal. The larger unit features 2 bedrooms, 1 bathroom, an updated kitchen, vaulted ceilings, and a spacious functional layout. The second unit offers 1 bedroom, 1 bathroom, vaulted ceilings, and its own comfortable living space. Two shared decks create valuable outdoor living areas with the potential to be designated for each unit. With ample parking in a sought-after downtown location, this property offers a rare combination of income potential and long-term value. Ideal for investors looking to expand their portfolio, house hackers seeking additional income, or buyers wanting a versatile property in the core of Ottawa. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 96 days on market, against an average age of 62 days across the listings currently for sale in this city
This 3-bed multi-family in Ottawa is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $699,900, about 9.5× the local median household income of $74,000.
Carrying it typically needs a household income of about $136,715 (20% down, 25-yr amortization, stress-tested) — roughly 85% above the area median.
Source: Statistics Canada, 2021 Census (FSA K1R)
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Loading rates, 30-yr amortization
Cash Needed to Close
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