Old Ottawa South Homes For Sale

Ottawa, Ontario

Exceptional turnkey investment property in the heart of Old Ottawa South, just steps from Carleton University, public transit, parks, restaurants, and everyday amenities. Built in 2022, this modern multi-unit building offers approximately 6,000 sq. ft. of thoughtfully designed living space, featuring 3 self-contained units with potential for a future 4th unit, with a separate side entrance already in place.Offering a total of 17 bedrooms and 10 bathrooms, the property is purpose-built for strong rental performance and efficient management. The main unit spans two levels with 7 bedrooms and 4 bathrooms, including an ensuite and Jack & Jill bathroom. The upper two units feature nearly identical layouts, each offering 5 bedrooms and 3 bathrooms, also with ensuite and Jack & Jill bathrooms.Each unit is separately metered and equipped with its own hydro, gas, A/C, and in-unit laundry. High-quality, low-maintenance finishes include commercial-grade flooring, stone countertops, stainless steel appliances, extensive LED pot lighting, and professionally landscaped front and rear yards. Energy-efficient systems help reduce operating costs and support long-term profitability.An outstanding opportunity for investors seeking strong, reliable cash flow in one of Ottawa’s most desirable rental locations. Highly attractive to university students and young professionals due to its exceptional convenience and accessibility, supported by proven rental history, stable occupancy, and strong tenant demand. (id:50982)

Ottawa, Ontario

Exceptional opportunity to own a turnkey 5-unit income property in sought-after Rideau Gardens, just steps from the scenic Rideau River and Brighton Beach Park. The building offers a unit mix of four 1-bedroom apartments and one spacious 4-bedroom unit, appealing to a wide tenant base. Four of the five units are tastefully renovated, making this a true turnkey investment at a 6% CAP rate! One of the 1-bedroom units can be vacant upon possession, providing flexibility for an owner-occupier or the opportunity to set market rent. Located in a quiet, established neighborhood with easy access to parks, pathways, transit, and amenities, the property also features parking for five vehicles – a rare and valuable bonus in this prime location with spectacular views from large balconies. A strong, income-producing asset in one of Ottawa’s most desirable river-adjacent communities. (id:50982)

Ottawa, Ontario

Turnkey ice cream shop opportunity in the heart of Old Ottawa South. This asset sale includes all leasehold improvements, equipment, and existing ice cream store fit-up, offering a fully built-out space ideal for an ice cream concept, café, or other quick service use (business and branding not included).The modern space offers approximately 873 sq. ft. with 14-foot ceilings, exposed ductwork, and large windows providing excellent natural light and an inviting industrial aesthetic. Located in a newer, high-visibility building on Bank Street alongside established tenants including Odd Burger and Oxygen Yoga & Fitness. The area benefits from strong foot traffic and close proximity to Carleton University, TD Place, and surrounding residential neighborhoods. Total monthly cost for rent and TMI is $5,024.59 including HST, inclusive of one reserved parking space. CAM is estimated at approximately $18/sq. ft. Utilities (hydro, gas, water) are separately metered. Ideal for operators looking to step into a ready-to-go dessert, café, or quick service concept with minimal build-out time and cost. Owner selling due to relocation outside of the country. Please do not go direct or speak to staff or ownership. All inquiries through listing agent. (id:50982)

Ottawa, Ontario

Here it is! A rare opportunity to own a bright refreshed one-bedroom condo in the heart of Old Ottawa South. With coveted north and west exposure, this sun-filled unit feels warm and welcoming throughout the day. Thoughtful updates include, upgraded flooring and carpet, fresh paint, and a fully refreshed bathroom featuring a new vanity, toilet, tile flooring, and tile tub surround. The kitchen offers a dishwasher, and the convenience continues with an in-suite stacked washer and dryer. Enjoy your morning coffee or evening while you unwind on the private balcony off the living/dining area. This unit also comes with one outdoor parking space and a large storage locker. The building itself is a hidden gem-only with only 10 units, well run, and self-managed, offering a sense of community and peace of mind. Parents-why pay the high rent for your university student when you can build equity over the next 3-4 years? This condo is also an ideal fit for a first-time solo buyer or a couple looking to enter the real estate market in a prime location. Retiring and looking to travel? Here is the ideal opportunity, just lock and go! The walkability of this location is exceptional. Stroll to the shops and cafés of Old Ottawa South, head to Billings Bridge, or enjoy a short walk to Lansdowne. With parks, recreation, and the Rideau river just steps away (SUP owners, take note!), you’ll find yourself leaving the car parked more often than not. 24-hour irrevocable required. Don’t wait-opportunities like this in such a sought-after neighbourhood don’t last long! (id:50982)

Ottawa, Ontario

This property features a classic red brick storefront located in the bustling and vibrant section of Bank Street, situated in the heart of Old Ottawa South. The property spans nearly 4,000 square feet, distributed over two above-grade floors, with an additional full-height basement that is also utilized for retail display purposes. The main and second floors boast approximately 9-foot ceilings, while the basement features an 8-foot ceiling height. Situated in a well-established downtown community, the property is conveniently located just south of The Glebe and Lansdowne Park, and north of Billings Bridge, with close proximity to the Transitway. The well-established streetscape is poised for significant redevelopment, with several adjacent large land parcels demonstrating exceptional potential for future development. According to the new draft Zoning Bylaw, the property is eligible for development up to nine storeys, contingent upon the lot depth. A laneway off Chesley Street provides access to the rear of the property for loading and parking. This laneway is fully fenced and enclosed in the section directly behind this property, offering an additional 10 feet in depth which is currently used exclusively. Recent environmental assessments (Phase 1 and 2) conducted by Pinchin in 2023 confirm the property is clean. The interior features large open spaces and is equipped with two electrical services, including a 600-volt service. The property has been commercially rewired in the past, and various building modifications and improvements were undertaken. The property is equipped with two forced air furnaces, both featuring central air conditioning. (id:50982)