We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!
438 LEWIS STREET, Ottawa
2026-09-12
Quick Summary
- Location
- 438 LEWIS STREET, Ottawa, Ontario K2P0T3
- Price
- $1,150,000
- Status:
- For Sale
- Property Type:
- Multi-family
- Area:
- 2500 sqft
- Bedrooms:
- 5
- Bathrooms:
- 5
- Garages:
- 3
MLS®#X13773468
Property Description
Turnkey five-unit apartment building in Centretown offering immediate income and longer-term development potential. Over 300k in capital improvements over the last 10 years.The property is fully occupied and consists of three one-bedroom apartments and two bachelor units, with annual gross income of just over $79,000. The property may qualify for attractive CMHC MLI Select financing. Tenants pay their own hydro, while the landlord pays for heat and water. Additional income may be available from the on-site parking. The property sits on a 33' 99' lot and may be assembled with adjoining properties to create a development site of approximately 13,000 square feet. This property has a Walk Score of 100/100! Ideally located within walking distance of downtown, public transit, restaurants, shops and other amenities. A strong opportunity to acquire a stabilized income property with financing, rental and redevelopment upside. Contact the listing agent for the rent roll & operating expenses. (id:32467)
Property Features
Building
- Cooling Type: None
- Fireplace: No
- Interior Size: 2500 sqft
- Building Type: Multi-Family
- Utility Water: Municipal water
Land
- Land Size: 33.1 x 99 FT
Zoning
- Description: TBC N4
Information entered by SUTTON GROUP - OTTAWA REALTY
Listing information last updated on: 2026-10-19 21:22:15
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$500,000
Your One Percent Realty Commission savings†
$500,000
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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
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One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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Sheila Forward-Davis REALTOR®
- Phone:
- (613) 883-8098
- Mobile:
- (613) 883-8098
- Email:
- sheila.forwarddavis@gmail.com
- Support Area:
- Ottawa, Kanata, Manotick
Home is where the heart is... let's find your gem in Ottawa or around the world. Sheila knows ...
Full ProfileSergiu Buhatel Broker
- Phone:
- (613) 724-8815
- Email:
- sergiu.buhatel@gmail.com
- Support Area:
- Ottawa, Nepean, Barrhaven, Findlay Creek, Blossom Park, Orleans, Kanata, Riverside South, Cumberland, Rockland, Manotick, Stittstville, Cornwall, Perth
Sergiu has been a licensed Realtor® since 2012 and earned his Broker designation in 2015. He holds ...
Full ProfileRyan Cooper Sales Representative and Property Manager
- Phone:
- 613-983-6258
- Email:
- info@nicehomesniceplaces.ca
- Support Area:
- Central Ottawa, Ottawa West, Kanata, Stittsville, Barrhaven, Bell Corners, Nepean, Riverside South, Gloucester, Blackburn Hamlet, Orleans, Rockland
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