The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Investors, this is an exceptional opportunity. This fully renovated fourplex is situated in the heart of downtown Ottawa, offering a high walk score and unparalleled access to Sussex Drive, the Byward Market, the Ottawa River/Canal, and the Rideau Centre. Residents will enjoy immediate proximity to restaurants, shopping, public transit, and essential amenities. This turnkey property is a strong income-generating asset in a high-demand rental market, featuring three fully occupied units and one lucrative Airbnb unit - two two-bedroom and two one-bedroom apartments. Each unit has been thoughtfully upgraded with contemporary kitchens, stainless steel appliances, spacious living areas, and modern full bathrooms, designed for comfortable urban living. An added advantage is the on-site parking at the rear of the building, a highly sought-after feature in this desirable downtown location. This turnkey fourplex is a high-performing income-generating property, bringing in $8,355 to $10,500/month ($100,266 to $126,000/year) depending on seasonal demand, with low expenses making it a fantastic investment opportunity in a prime location. With the added flexibility of creative financing options, including VTB possibilities, this is a rare opportunity to secure a truly unique property. Don't miss your chance - schedule a private showing today!
Demographic data is not available for this area yet.
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Age Groups
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Owners vs Renters
Ownership data is not available.
Household Type
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What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
Nearby everyday places are not available for this listing.
Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$5,818/mo
Mortgage (principal + interest)$4,972
Property taxFrom listing: $10,155/yr$846
Minimum $107,900 down for this price; the slider moves in whole percent, starting at 9%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$265,800
Ontario land transfer taxProvincial brackets, no first-time refund$23,055
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$291,655
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Lower Town - Sandy Hill has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
