$6,800,000
Available - For Sale
Listing ID: X12242112
199-217 Dalhousie Stre , Lower Town - Sandy Hill, K1N 5J1, Ottawa
| 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. |
| Price | $6,800,000 |
| Taxes: | $74593.48 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 199-217 Dalhousie Stre , Lower Town - Sandy Hill, K1N 5J1, Ottawa |
| Postal Code: | K1N 5J1 |
| Province/State: | Ottawa |
| Directions/Cross Streets: | Dalhousie & Guigues |
| 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: | Retail |
| Building Percentage: | T |
| Total Area: | 17156.00 |
| Total Area Code: | Square Feet |
| Area Influences: | Public Transit |
| Management Expense: | 0 |
| Water Expense: | $7077 |
| Net Income Before Debt: | $325119 |
| Expenses Actual/Estimated: | $Act |
| Washrooms: | 0 |
| Outside Storage: | F |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
$
%
Years
This calculator is for demonstration purposes only. Always consult a professional
financial advisor before making personal financial decisions.
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ROYAL LEPAGE TEAM REALTY |
|
|
Zulakha Ghafoor
Sales Representative
Dir:
647-269-9646
Bus:
416.898.8932
Fax:
647.955.1168
| Book Showing | Email a Friend |
Jump To:
At a Glance:
| Type: | Com - Investment |
| Area: | Ottawa |
| Municipality: | Lower Town - Sandy Hill |
| Neighbourhood: | 4001 - Lower Town/Byward Market |
| Tax: | $74,593.48 |
| Fireplace: | N |
Locatin Map:
Payment Calculator:
