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$2,195,000
Ontario,Ottawa
For Sale Active
59 CONCORD STREET N, Ottawa, Ontario K1S0Y5
  • 16
  • 8
  • 3500 - 5000Square Feet
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Basic Details
Description

Welcome to 59 Concord Street – a rare opportunity to acquire a purpose-built fourplex in the heart of the Glebe, steps to the University of Ottawa and the Rideau Canal. Built in 2016, this Class A, fully stabilized asset sits in one of Ottawa’s strongest and most consistent rental corridors. The property consists of four identical 4-bedroom, 2-bathroom units, purpose-designed

to maximize rental income and tenant demand. Each suite features dark hardwood flooring, durable tile and vinyl surfaces, and open-concept layouts filled with natural light. Contemporary kitchens showcase two-toned cabinetry, granite countertops, stainless steel appliances, and oversized center islands with breakfast bars overlooking spacious living and dining areas. Every unit is equipped with in-suite laundry, independent HVAC systems (furnace and A/C), tankless hot water tanks, video intercom entry, fob access, and enhanced soundproofing between units – a premium feature that reduces turnover and increases tenant satisfaction. The building also offers secure keypad entry and 24/7 video surveillance, reinforcing safety and long-term tenant appeal. Four identical units. Units come fully furnished. Offered all inclusive, water, gas, hydro. Fully tenanted. The turnkey nature of this asset ensures minimal operational complexity and strong tenant retention. Located within walking distance to the ByWard Market, Parliament Hill, and major transit routes, this is a high-demand micro-location with consistent rental performance driven by proximity to the University of Ottawa and downtown employment hubs. Strong financial profile with an NOI of $105, 500.30 at a 4.8% cap rate. A clean, modern, income-producing asset built right, positioned right, and engineered for long-term performance – an exceptional addition to any serious investor’s portfolio. (id:62783)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: X13039300
  • Price: $2,195,000
  • Bedrooms: 16
  • Bathrooms: 8
  • Square Footage: 3500 - 5000 Sqft
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 280312
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Central air conditioning
  • Basement: N/A, Apartment in basement
  • Parking: No Garage
  • Exterior Features: Brick
  • Sewer: Sanitary sewer
Address Map
  • Location: CA, Ontario, Ottawa, K1S0Y5
  • Street: Concord
  • Street Number: 59
  • Street Suffix: Street
  • Longitude: W76° 19' 18.4''
  • Latitude: N45° 24' 57.1''
  • Street Dir Suffix: North
Additional Information
  • Water Source:
  • Foundation Details:
  • Lot Size Dimensions: 33 x 99 FT
  • Stories: 3.0
Financial
  • Tax Annual Amount: 15509
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Listing updated: 2026-06-19 07:35:13
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Listing Information
  • List Agent Key: 1964655
  • List Office Key: 280312
  • Modification Timestamp: 2026-06-11T18:00:05Z
  • Originating System Name: Ottawa Real Estate Board
  • Status Change Timestamp: 2026-06-11T17:54:08Z
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Listing updated: 2026-06-19 07:35:14
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