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    For Sale - 199-217 Dalhousie Street, Lower Town - Sandy Hill, Ontario

    Est payment $32,653/mo
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    Views   1
    Time on Jump  280 day

    AI Summary *

    • Two fully-leased properties in downtown Ottawa offer great investment potential.
    • Portfolio includes 10 commercial units and 6 residential apartments, all occupied.
    • Strong annual gross income of over $449,000 ensures stable cash flow.
    • Zoned for flexible commercial and residential uses, providing versatile opportunities.
    • Rare chance to acquire significant presence in the ByWard Market area.




    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.
    Listing IDX12242112
    Address199-217 Dalhousie Street
    CityLower Town - Sandy Hill, Ontario
    Price$6,800,000
    StyleInvestment
    Land Size17156
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentCommunity Features Public TransitHeating / Cooling Gas Forced Air Closed

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    Listing Agency:  ROYAL LEPAGE TEAM REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    199-217 Dalhousie Street
    Lower Town - Sandy Hill , Ontario
    $6,800,000
    Get more info