1008 St. Laurent Boulevard Ottawa, Ontario K1K 3B4
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$1,199,000
6.85% Cap Rate- Turnkey 5-Unit Semi- Detached Multiplex that has been Fully Renovated with Strong Cash Flow! An exceptional investment opportunity awaits, offering $400,000 in recent capital improvements from top to bottom. 2- 2 Bedroom, 1- 1Bedroom 1- Studio + Den & 1- Studio. The property has been thoughtfully upgraded from the roof, insulation, electrical, plumbing, kitchens, bathrooms, flooring and soo much more making this a truly turnkey asset for any investor. Each unit has been modernized with quality finishes, ensuring long-term durability and tenant appeal. Major systems, interiors, and exterior elements have all been addressed, minimizing future maintenance costs. With a Net Operating Income of $82,196, this property offers a solid return in a market where stability and performance matter. Landlord covers all utilities except for laundry & internet. Whether you're expanding your portfolio or entering the multi-family space, this is an investment you won't want to miss. 1,900SF.FT. of Parking. Investment Package Available with Rent Role & Capital Improvements. Zoning code:AM10(2199)AM10(1211)5228 (id:59142)
Property Details
| MLS® Number | X12351143 |
| Property Type | Multi-family |
| Neigbourhood | Rideau-Rockcliffe |
| Community Name | 3502 - Overbrook/Castle Heights |
| Amenities Near By | Public Transit |
| Community Features | Community Centre |
| Features | Flat Site, Carpet Free, Sump Pump |
| Parking Space Total | 7 |
| Structure | Deck |
Building
| Bathroom Total | 5 |
| Bedrooms Above Ground | 4 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 6 |
| Appliances | Water Heater, Stove, Refrigerator |
| Basement Development | Finished |
| Basement Features | Apartment In Basement |
| Basement Type | N/a, N/a (finished) |
| Construction Status | Insulation Upgraded |
| Cooling Type | None |
| Exterior Finish | Aluminum Siding, Brick |
| Foundation Type | Poured Concrete, Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 2500 - 3000 Sqft |
| Type | Other |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Land Amenities | Public Transit |
| Sewer | Sanitary Sewer |
| Size Depth | 124 Ft |
| Size Frontage | 34 Ft |
| Size Irregular | 34 X 124 Ft |
| Size Total Text | 34 X 124 Ft |
| Zoning Description | Am10(2199)am10(1211)5228 |
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October 23 2025 12:30:23
Ottawa Real Estate Board
Royal LePage Team Realty