370 BELISLE STREET, Ottawa

2025-10-30
 

Quick Summary

Location
370 BELISLE STREET, Ottawa, Ontario K1L6V2
Price
$1,425,000 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
3500 - 5000 sqft
Bedrooms:
11
Bathrooms:
6

MLS®#X12488422

Property Description

Exceptional investment opportunity in the heart of Vanier this purpose-built, all-brick six-unit apartment building offers a desirable unit mix of five 2-bedroom units and one 1-bedroom unit. Ideally located just off McArthur Avenue, the property is within walking distance to St. Laurent Shopping Centre, public transit, schools, and amenities, making it highly attractive to quality tenants. The property is professionally managed and currently generates a gross annual income of just over $98,000. With all units rented below current market rates, there is significant upside potential as units turn over. Situated on an impressive lot of over 12,000 sq. ft., the property offers potential for future development or expansion (buyer to verify with the City of Ottawa).With strong management already in place, this is a turn-key investment for the next owner seeking stable cash flow and long-term growth potential. Contact the listing agent for a detailed rental pro forma and insured financing scenario. (id:32467)

Property Features

Building

  • Amenities: Separate Electricity Meters
  • Appliances: Stove, Refrigerator
  • Basement Features: Apartment in basement
  • Basement Type: N/A
  • Cooling Type: None
  • Exterior Finish: Brick
  • Fireplace: No
  • Interior Size: 3500 - 5000 sqft
  • Building Type: Other
  • Stories: 2.5
  • Utility Water: Municipal water

Land

  • Land Size: 60.6 x 90.7 FT
  • Sewer: Sanitary sewer

Information entered by SUTTON GROUP - OTTAWA REALTY
Listing information last updated on: 2025-10-30 00:25:52


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Sheila Forward-Davis REALTOR®

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(613) 883-8098
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Sergiu has been a Realtor® since 2012 and obtained his Broker license in 2015. He holds a Mas ...

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