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Home ON Ottawa - Gatineau Ottawa Centretown
186 JAMES STREET
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186 JAMES STREET $3,195,000
$3,195,000
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186 JAMES STREET
Ottawa, Ontario K1R5M7

MLS® Number: X12542896

Listing Description

Discover a beautifully restored, fully rented, 11-unit multi-family building ideally situated in the heart of Ottawa. This fully modernized property presents a turn-key investment with strong tenant appeal and minimal ongoing capital requirements. Each suite showcases thoughtful design and durable finishes, blending heritage charm with modern functionality - a rare balance that ensures lasting desirability and consistent rental demand. In 2015, the building underwent significant upgrades, including a new boiler, a replaced roof, and the addition of air conditioning and a common laundry room. Two on-site parking spaces further enhance its appeal in this central urban setting. Positioned within walking distance of grocery stores, restaurants, nightlife, Chinatown, and the Elgin Street corridor - and minutes from Highway 417 - this property benefits from exceptional accessibility and strong location fundamentals. With its combination of historic character, quality upgrades, and steady income, 186 James Street represents a secure, long-term addition to any investor's multi-residential portfolio. (41644199)

Location Description

Cross Streets: Bay Street. ** Directions: Take Exit 121 toward Bronson Ave., merge onto Catherine St., Turn right onto Bronson Ave.

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Community Name
4103 - Ottawa Centre
Land Size
Bldg=42 x 109 FT
Annual Property Taxes
$15,964.53
Total Parking Spaces
2
Time on REALTOR.ca
31 days

Building

Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Hot water radiator heat (Natural gas)
Utilities
Water
Municipal water
Business
Business Type
Residential (Apartments)
Parking
Total Parking Spaces
2

Measurements

Square Footage
10000 sqft
Exterior Building Size
10000 sqft

Land

Lot Features
Frontage
42 ft
Land Depth
109 ft
Other Property Information
Zoning Description
R4UD[479]
Data provided by: Ottawa Real Estate Board
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