K1S2M7 Real Estate

Welcome to the vibrant and picturesque neighborhood of K1S2M7, nestled in the heart of Ottawa, Ontario! This charming zip code encompasses a dynamic area that is perfect for those seeking a blend of urban convenience and natural beauty.

K1S2M7 is part of the historic Glebe neighborhood, renowned for its tree-lined streets, eclectic shops, and a rich tapestry of cultural experiences. This area is a haven for families, young professionals, and retirees alike, offering a close-knit community feel while being just a stone’s throw away from the bustling downtown Ottawa.

One of the standout features of K1S2M7 is its proximity to the stunning Rideau Canal, a UNESCO World Heritage site. In the summer, residents can enjoy kayaking, cycling, and leisurely walks along the canal, while in the winter, it transforms into the world’s largest skating rink. The lush parks and green spaces in the area provide ample opportunities for outdoor activities, picnics, and family gatherings.

The Glebe is also known for its vibrant dining scene, featuring everything from cozy cafés to gourmet restaurants, catering to every palate. The local shops, boutiques, and markets offer unique finds and a taste of the community spirit that defines this area.

With excellent schools, reliable public transport, and a plethora of community events, K1S2M7 is not just a place to live; it’s a place to thrive. If you’re looking for a neighborhood that combines charm, convenience, and a strong sense of community, look no further than K1S2M7 in Ottawa!

$3,200,000

11 Baths ⋅ X13086832 MLS® #

Exceptional opportunity to acquire a trophy 8-unit multifamily asset in the heart of The Glebe, one of Ottawa's most coveted and supply-constrained urban neighbourhoods. This unrivaled location, steps to Lansdowne Park, Bank Street amenities, and major employment hubs, offers outstanding walkability and enduring rental appeal, supporting historically low vacancy and highly dependable income. Positioned minutes to downtown offices and between Ottawa's two largest universities, the property benefits from strong, consistent demand from both professionals and students. The building is FULLY LEASED and features an attractive unit mix of three 3-bedroom + 1.5-bath units, four 1-bedroom units, and one 2-bedroom unit, along with three on-site parking spaces. Each unit is separately metered with its own electrical panel, providing operational efficiency and tenant independence. The property has been professionally managed and well maintained, benefiting from thoughtful value-add upgrades, including updated kitchens and bathrooms with quartz countertops, stainless steel appliances, tiled backsplashes, and glass shower surrounds. Four units offer in-unit laundry and air conditioning. Major capital improvements include a new main boiler (2015), updated windows and exterior doors (2019), and upgraded electrical wiring and panels within each unit. In addition to stable in-place income, the asset offers over $30,000 in projected annual rental upside through continued unit turnover and optimization. A RARE, well-maintained core-plus investment in a high-barrier-to-entry location with strong fundamentals and long-term growth potential. (id:5764)

72 Fifth Avenue, Ottawa

Listing courtesy of REAL BROKER ONTARIO LTD..

K1S2M7 Real Estate

Newest Listings in K1S2M7