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$679,900
Ottawa
8197 Victoria Street, Ottawa, Ontario, K0A2P0
This multi-family property in Ottawa is for sale offering roughly 4,250 sq ft of space.
Rare offering! Legal semi-detached (side-by-side) property with both units under one ownership, ideally located in the heart of historic and charming Metcalfe. Zoned V1I, VM, this versatile property presents a wide range of opportunities for homeowners, investors, and entrepreneurs alike. Perfect for a large or multi-generational family, this property also offers excellent income potential. Live in one unit and rent the other, or lease both for a strong investment return. The flexible zoning allows for residential, commercial, or mixed-use applications-ideal for those looking to combine living and business in one location. Permitted uses include residential living with secondary units, home-based businesses, bed & breakfast, and more. Commercial possibilities include retail, office space, café or restaurant, personal services, or a mixed-use configuration. Prime location close to local amenities, shops, and the charm that makes Metcalfe one of Eastern Ontario's most desirable communities. A unique property with exceptional flexibility and upside, don't miss this opportunity. New Septic installed. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 155 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 $679,900, about 5.9× the local median household income of $115,000.
Carrying it typically needs a household income of about $132,808 (20% down, 25-yr amortization, stress-tested) — roughly 15% above the area median.
Source: Statistics Canada, 2021 Census (FSA K0A)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.