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$2,495,000
Ontario,Ottawa
For Sale Active
1549 MAXIME STREET, Ottawa, Ontario K1B3K9
  • 10,539 Sqft
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Basic Details
Description

Outstanding Multi-Family Investment with Income & Future Potential. Located in Ottawas east end, this well-maintained 6-unit apartment building offers both stable rental income and exciting long-term growth opportunities. Sitting on a generously sized 0.24-acre lot (~80 ft frontage x ~132 ft depth), the property combines strong cash flow with excellent redevelopment potential. Currently fully occupied, the building generates over $9,800

in monthly rental income (~$118,000 annual), making it an attractive turnkey investment from day one. The unit mix is highly rentable and diverse: three 2-bedroom units, two 1-bedroom units, and one bachelor apartment. Recent improvements include a new 50-year roof installed in 2018 and modern renovations in several units, reducing future maintenance concerns and enhancing tenant appeal. The property is zoned R1WW[637], unlocking possibilities for future development while maintaining immediate income stability. The location is a major asset- just minutes from Highway 417, Blair and Cyrville LRT stations, shopping centres, restaurants, and everyday conveniences. Tenants benefit from excellent connectivity, while investors gain peace of mind knowing the property is situated in a desirable and growing area. Whether you are looking to expand your multi-family portfolio, secure a reliable cash-flowing property, or position yourself for redevelopment in the future, this building checks all the boxes. A rare opportunity to invest in a strong-performing asset with both present income and future upside. (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: X12378118
  • Price: $2,495,000
  • Square Footage: 10,539 Sqft
  • Status: Active
  • Office Name: REAL BROKER ONTARIO LTD.
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 292238
Features & Appliances
Features
  • Heating System: Baseboard heaters
  • Cooling System: None
Address Map
  • Location: CA, Ontario, Ottawa, K1B3K9
  • Street: MAXIME
  • Street Number: 1549
  • Street Suffix: Street
  • Longitude: W76° 23' 38.4''
  • Latitude: N45° 25' 11.7''
Additional Information
  • Water Source:
  • Business Type: Residential
  • Lot Size Dimensions: 79.9 x 131.93 FT ; 0
Financial
  • Tax Annual Amount: 9178
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Listing updated: 2025-12-11 14:24:26
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Listing Information
  • List Agent Key: 2108990
  • List Office Key: 292238
  • Modification Timestamp: 2025-10-23T00:56:13Z
  • Originating System Name: Ottawa Real Estate Board
  • Status Change Timestamp: 2025-10-23T00:32:40Z
Powered by REALTOR.ca
Listing updated: 2025-12-11 14:24:27
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