Multi-story brick building featuring three balconies with wrought iron railings and decorative columns Features: electric meter, apartment complex view, gas meter More Photos

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    For Sale - 118 Rochester Street, West Centre Town, Ontario

    Est payment $9,124/mo
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    Views   4
    Time on Jump  146 day

    AI Summary *

    • Fully renovated sixplex in a sought-after neighborhood of Ottawa.
    • Spacious two-bedroom units with hardwood flooring and ample natural light.
    • Private outdoor spaces with balconies and decks for each unit.
    • Individually metered hydro helps lower operating expenses for tenants.
    • Close to transit, restaurants, and amenities, ensuring high tenant demand.




    Recently fully renovated property 118 rochester street presents an excellent opportunity to acquire a well-maintained purpose-built sixplex in the heart of ottawa's sought-after west centretown/chinatown neighbourhood. Ideally located within walking distance to little italy, bayview station, transit, restaurants, shops, and numerous amenities, this property offers both stable in-place income and significant long-term upside potential. The building consists of six spacious two-bedroom units with functional layouts, many featuring hardwood flooring, large windows, and excellent natural light throughout. Each unit benefits from private outdoor space, including front balconies and rear decks. Separately metered hydro allows tenants to pay their own electricity, helping reduce operating expenses. The property also features a large shared laundry area and individual tenant storage lockers in the basement. Mechanically, the building has been well maintained with a gas-fired radiant heating system serviced by a newer boiler (2015). Recently renovated - major updates to roof, windows, plumbing, and electrical improvements completed. Fire retrofit documentation is on file. A new rear staircase/fire escape has recently been constructed, with minor remaining work associated with completion of a firewall as required through a granted minor variance. The property offers considerable rental upside through future turnover and operational optimization, presenting investors with a strong opportunity to increase noi and overall asset value over time. Historically low vacancy in this highly desirable rental pocket further supports the long-term stability of the investment. A previous buyer completed a phase i environmental site assessment (esa). Fully renovated. Additional information available upon request. Buyer to confirm all details and measurements.
    Listing IDX13124998
    Address118 Rochester Street
    CityWest Centre Town, Ontario
    Price$1,899,999
    StyleInvestment
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentHeating / Cooling Gas Forced Air Closed

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    Listing Brokerage: EXP REALTY

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    118 Rochester Street
    West Centre Town , Ontario
    $1,899,999
    Get more info