$1,325,000
Available - For Sale
Listing ID: X13539778
95 Templeton Street , Lower Town - Sandy Hill, K1N 6X4, Ottawa
| Exceptional income-producing investment opportunity in the heart of Ottawa. This turnkey asset offers multiple revenue streams and strong cash flow in one of the city's most desirable rental markets, just minutes from the University of Ottawa, downtown, Highway 417, public transit, the Rideau River, and an abundance of amenities.The property consists of a four-level main building configured with six rentable bedrooms, four full bathrooms, shared common areas, and lower-level laundry, complemented by a fully legal coach house completed in 2023. The flexible rooming configuration appeals to a strong and consistent tenant pool while providing the option for owner occupancy or alternative rental strategies.Current rental income includes six furnished rooms, the legal coach house, and parking revenue, with additional upside through laundry services and future rent optimization. The property's flexible occupancy arrangements allow for a smooth transition to new ownership while offering the option of vacant possession if desired.Significant capital improvements have already been completed, including the legal coach house conversion (2023), renovated kitchen and bathrooms (2022), new driveway (2024), roof (2017), and gas furnace (2015), minimizing near-term capital expenditures.With diverse income sources, strong rental demand, and future appreciation potential, this is a rare opportunity to acquire a high-performing investment property in a prime central Ottawa location. An ideal addition to any real estate portfolio, offering immediate cash flow with long-term growth potential. |
| Price | $1,325,000 |
| Taxes: | $8497.00 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 95 Templeton Street , Lower Town - Sandy Hill, K1N 6X4, Ottawa |
| Postal Code: | K1N 6X4 |
| Province/State: | Ottawa |
| Directions/Cross Streets: | Sweetland Ave |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Accommodation |
| Building Percentage: | T |
| Total Area: | 1850.00 |
| Total Area Code: | Square Feet |
| Area Influences: | Public Transit Recreation/Comm |
| Approximatly Age: | 100+ |
| Chattels: | T |
| Franchise: | F |
| Water Expense: | $1200 |
| Vacancy Allowance: | 0 |
| Net Income Before Debt: | $69107 |
| Expenses Actual/Estimated: | $Act |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| CENTURY 21 SYNERGY REALTY INC |
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Sumit Chopra
Broker
Dir:
647-964-2184
Bus:
905-230-3100
Fax:
905-230-8577
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At a Glance:
| Type: | Com - Investment |
| Area: | Ottawa |
| Municipality: | Lower Town - Sandy Hill |
| Neighbourhood: | 4004 - Sandy Hill |
| Approximate Age: | 100+ |
| Tax: | $8,497 |
| Fireplace: | N |
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