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$6,800,000
Available - For Sale
Listing ID: X12242112
This rare investment opportunity features two fully-leased properties (1 mixed-use and 1 commercial) and a vacant parking lot spanning approximately 201 by 101 feet in the heart of downtown Ottawa. Strategically positioned between St. Andrew Street and Guigues Avenue, along the well-trafficked Dalhousie corridor, the portfolio includes 10 commercial units(7 Tenants) and 6 residential apartments, all fully occupied.Generating a strong gross income of over $449,000 annually, the offering presents stable cash flow with upside potential through future rent escalations or site intensification. Zoned TM (Traditional Mainstreet), the properties benefit from flexible zoning that supports a wide range of commercial and residential uses, making this a rare and versatile holding in one of Ottawas most dynamic urban neighbourhoods.Opportunities to acquire this scale and street presence in the ByWard Market area are exceptionally limited, particularly with assembled frontage and secure income in place.
Price $6,800,000
Taxes: $74,593.48
Tax Type: Annual
Occupancy by: Tenant
Address: 199-217 Dalhousie Stre , Lower Town - Sandy Hill, K1N 5J1, Ottawa
Postal Code: K1N 5J1
Province/State: Ottawa
Directions/Cross Streets: Dalhousie & Guigues
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Retail
Building Percentage: T
Total Area: 17,156
Total Area Code:  Square Feet
Area Influences: Public Transit  
 Management Expense: 0
Maintenance: 0
Water Expense: $7077
Net Income Before Debt: $325119
Expenses Actual/Estimated: $Act
Outside Storage: F
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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ROYAL LEPAGE TEAM REALTY

199-217 Dalhousie Stre , Lower Town - Sandy Hill, K1N 5J1, Ottawa


 
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At a Glance:
Type: Com - Investment
Area: Ottawa
Municipality: Lower Town - Sandy Hill
Neighbourhood: 4001 - Lower Town/Byward Market
Style:
Lot Size: x 101.10(Feet)
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Tax: $74,593.48
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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