$1,175,000
Ottawa
315-317 BOOTH Street, Ottawa, Ontario, K1R7K1
This multi-family property in Ottawa is for sale offering roughly 2,750 sq ft of space. It has been on the market 4 days, fresher than the Ottawa average of 62 days.
An exceptional investment opportunity in Ottawa's vibrant West Centretown, ideally situated near Little Italy and Chinatown. 315-317 Booth Street is a well-maintained four-unit property offering spacious accommodations, ample parking, on-site storage, and an enviable central location. Comprising four units with a total of four kitchens and eight bedrooms, the property offers versatile living arrangements and strong tenant appeal. Each residence has been thoughtfully maintained, featuring new flooring, updated bathrooms, and functional layouts. Nine-foot ceilings on both the main and second floors enhance the sense of space and openness, complemented by excellent flow throughout. The property features two two-bedroom apartments and two additional two-bedroom units, each offering eat-in areas and kitchens. Established tenancies provide an existing income stream, while two detached single-car garages and additional surface parking for six vehicles add exceptional convenience. A dry basement and evident pride of ownership further enhance this attractive offering. Residents enjoy easy access to Preston Street's renowned restaurants, cafés, and specialty shops, as well as the dining and everyday conveniences of Somerset Street. Nearby amenities include Plant Recreation Centre, Pimisi LRT station, LeBreton Flats, downtown Ottawa, Dow's Lake, the Rideau Canal, and Ottawa River pathways, with convenient access to Highway 417. Combining functional layouts, impressive ceiling heights, substantial parking, and General Mixed Use zoning, this property presents an outstanding opportunity to acquire an established income property in a dynamic, amenity-rich neighbourhood. Please allow 48 hours irrevocable on all offers. Some photos have been virtually staged. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Just listed: 4 days on market, against an average age of 62 days across the listings currently for sale in this city
This 8-bed multi-family in Ottawa has been listed for 4 days, which is 58 days fresher than the city average of 62. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,175,000, about 15.9× the local median household income of $74,000.
Carrying it typically needs a household income of about $229,519 (20% down, 25-yr amortization, stress-tested) — roughly 210% above the area median.
Source: Statistics Canada, 2021 Census (FSA K1R)
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