159 FRANK STREET Ottawa

159 FRANK STREET, Ottawa, Ontario

$2,600,000

  • 11 Beds
  • 7 Baths

Absolutely pristine investment property featuring 7 units, with top-dollar rents and an unbeatable location. Over $1.3 million in renovations were completed in 2011, including new electrical, heating systems, kitchens, bathrooms, windows, and flooring a true top-to-bottom transformation.Situated in the prestigious Golden Triangle, just two blocks from the Rideau Canal and Elgin Streets vibrant cafes, restaurants, shops, and transit. This immaculate building offers spacious units with soaring 10-foot ceilings, hardwood floors, and abundant natural light. Kitchens feature granite countertops, quality appliances, and ample storage. Self managed with excellent tenants and a strong rental history, this property is truly turnkey. Includes 7 outdoor parking spaces, offering added rental income potential. Residents enjoy nearby parks, tennis courts, bike paths, and easy access to the NAC and downtown core.With a net operating income (NOI) of over $128,700 and priced at $2,600,000, this is a rare opportunity to acquire a beautifully renovated, fully leased property in one of Ottawas most desirable neighborhoods. (id:56241)

  • Listing ID: X12306932
  • Property Type: Multi-family

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Details

  • Features: Carpet Free
  • Parking Spaces: 7
  • Transaction: For sale

Building

  • Appliances: Water meter, Dishwasher, Hood Fan, Stove, Refrigerator
  • BasementType: N/A (Finished)
  • Basement Development: Finished
  • Bedrooms Main Level: 11
  • Exterior Finish: Brick, Stucco
  • Fireplace Present: False
  • Foundation: Stone
  • Bathrooms (Total): 7
  • Heating: Hot water radiator heat
  • Size Interior: 5000 - 100000 sqft
  • Stories Total: 3
  • Type: Other
  • Utility Water: Municipal water

Land

  • Sewer: Sanitary sewer
  • Size Frontage: 49 ft ,3 in
  • Size Irregular: 49.3 x 89.1 FT
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 159 FRANK STREET in Ottawa Ontario. It was last modified on July 25th, 2025. Contact us to schedule a viewing or to discover other Ottawa real estate for sale.

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