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$774,900
Ottawa
84 Anderson Street, Ottawa, Ontario, K1R6T7
This multi-family property in Ottawa is for sale offering roughly 1,300 sq ft of space.
Welcome to 84 Anderson Street, a fantastic investment opportunity in the heart of Ottawa's vibrant Little Italy! Offering a 5.5%+ cap rate, this well-located triplex is perfectly positioned between Preston Street and Chinatown, delivering exceptional walkability and strong rental appeal. The property features three self-contained units, each with convenient in-unit laundry. Apartment 1 is a lovely 2-bedroom, 1-bathroom main-floor unit; Apartment 2 is a spacious & bright 1-bedroom, 1-bathroom second-floor unit featuring open-concept living and two private balconies; and Apartment 3 is a cozy lower-level bachelor unit with private exterior access. Deep lot with ample parking. N4B zoning allowing for future expansion/redevelopment. Tenants will love the unbeatable location, just steps from Preston Street and within walking distance of the LRT, Plante Recreation Centre, Chinatown, LeBreton Flats, restaurants, cafés, shopping, recreation and more. An excellent opportunity for investors looking to add a well-positioned, income-producing property in one of Ottawa's most desirable and dynamic urban neighbourhoods. Restricted showing times; minimum 24 hours' notice required. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 76 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 $774,900, about 10.5× the local median household income of $74,000.
Carrying it typically needs a household income of about $151,365 (20% down, 25-yr amortization, stress-tested) — roughly 105% 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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