$1,074,900
About this Multiplex
An investment property you would be proud to own. Welcome to 46 James Street, ideally situated in the heart of Ottawa. This property presents a compelling blend of character, functionality, and location, making it a sound addition to an investment portfolio.The building features well-maintained rental units that have demonstrated consistent performance. In 2025, the property generated gross rental income of $83,447.64. Total operating expenses for the same period amounted to $23,761.80, inclusive of insurance, property taxes, utilities, repairs and maintenance, management, and bank fees. This results in a net operating income of $59,685.84, reflecting stable and reliable cash flow based on actual historical figures.The property is located within an established urban neighbourhood with convenient access to public transit routes, nearby shopping and services, parks, and downtown Ottawa amenities. Its central location supports ongoing rental demand and aligns with the City of Ottawa's focus on intensification and walkable communities.This offering represents a well-balanced opportunity for investors seeking proven income, manageable operating costs, and a centrally located asset within the Ottawa market, suitable for both experienced investors and those looking to expand their holdings with a property backed by real performance data.
Listed by ROYAL LEPAGE TEAM REALTY.
Brought to you by your friendly REALTORS® through the MLS® System and TDREB (Tillsonburg District Real Estate Board), courtesy of Brixwork for your convenience.
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Features
- MLS®: X12735442
- Type: Multiplex
- Bedrooms: 6
- Bathrooms: 15
- Square Feet: 2,500 sqft
- Lot Size: 3,633 sqft
- Frontage: 33.33 ft
- Depth: 109.00 ft
- Year Built: 1926
Neighbourhood Intelligence by HoodQ
Here is a brief summary of some amenities close to this listing (46 James Street, Ottawa Centre), such as schools, parks & recreation centres and public transit.
This 3rd party neighbourhood widget is powered by HoodQ, and the accuracy is not guaranteed. Nearby amenities are subject to changes and closures. Buyer to verify all details.
