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$1,999,900
Available - For Sale
Listing ID: X12345143
Prime investment opportunity! Rarely offered corner-lot property located in the heart of Ottawas prestigious Lowertown, just steps from numerous embassies, green parks, the Rideau River - you just cant beat this location. This solidly built 24-unit commercial brick building will be delivered VACANT upon closing, offering unmatched flexibility for your exclusive vision. There are 22 studio rooms (without kitchens) that are each composed of a spacious bedroom area and each with their own private, full bathroom! Plus, two rooms on the ground level that have been converted into a classroom and conference room. With eight units per floor, there is plenty of room here! The lower level adds a commercial kitchen, laundry room (coin operated), mechanical room, cafeteria, storage and a TV room. With a turn-key structure, site plan and floor plan available, and unit sizes averaging 22 x 15, this property presents endless possibilities. From a retirement or assisted living residence, micro-apartment conversion, or student housing complex, to corporate/NGO accommodations, boutique hostel, or co-living community, the redevelopment potential is immense for those who can think outside the box.Whether you're an experienced developer or first-time commercial investor, this is an exceptional opportunity to secure a high-profile asset in one of Ottawas most strategic locations. You wont want to miss this one - come fall in love today!
Price $1,999,900
Taxes: $15,116.61
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Partial
Address: 204 Boteler Stre , Lower Town - Sandy Hill, K1N 5A7, Ottawa
Postal Code: K1N 5A7
Province/State: Ottawa
Legal Description: LT 22, PL 3 , S/S BOTELER ST ; PT LT 6,
Directions/Cross Streets: Boteler Street at King Edward Avenue.
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Category: Apartment
Use: Apts - Over 20 Units
Building Percentage: T
Total Area: 19,596
Total Area Code:  Square Feet
Area Influences: Major Highway   Public Transit
Maintenance: 0
Expenses Actual/Estimated: $Est
Sprinklers: No
Heat Type: Baseboard
Central Air Conditioning: Yes
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX HALLMARK REALTY GROUP

204 Boteler Stre , Lower Town - Sandy Hill, K1N 5A7, Ottawa


 
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Type: Com - Investment
Area: Ottawa
Municipality: Lower Town - Sandy Hill
Neighbourhood: 4001 - Lower Town/Byward Market
Style:
Lot Size: x 99.76(Feet)
Approximate Age:
Tax: $15,116.61
Maintenance Fee: $0
Beds: 0
Baths: 22
Garage: 0
Fireplace: N
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