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Listed price in listed location currency (CAD).
$1,899,999

000

MLS® X13124998

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size 7000 sqft
Garage Outside/Surface
Taxes $11,756
Days Active 0
Lot Size 
Approx. Age 
Avg. Price Per Sqft $271
MLS® Number X13124998

Property Address: 118 Rochester St, Ottawa, ON, K1R7M1

Average square foot calculated using Size range provided by listing agent.

Description

118 Rochester Street presents an excellent opportunity to acquire a well-maintained purpose-built sixplex in the heart of Ottawa's sought-after West Centretown/Chinatown neighbourhood. Ideally located within walking distance to Little Italy, Bayview Station, transit, restaurants, shops, and numerous amenities, this property offers both stable in-place income and significant long-term upside potential.The building consists of six spacious two-bedroom units with functional layouts, many featuring hardwood flooring, large windows, and excellent natural light throughout. Each unit benefits from private outdoor space, including front balconies and rear decks. Separately metered hydro allows tenants to pay their own electricity, helping reduce operating expenses. The property also features a large shared laundry area and individual tenant storage lockers in the basement.Mechanically, the building has been well maintained with a gas-fired radiant heating system serviced by a newer boiler (2015). Major updates reportedly include roof, windows, plumbing, and electrical improvements completed in approximately 2005. Fire retrofit documentation is on file. A new rear staircase/fire escape has recently been constructed, with minor remaining work associated with completion of a firewall as required through a granted minor variance.The property offers considerable rental upside through future turnover and operational optimization, presenting investors with a strong opportunity to increase NOI and overall asset value over time. Historically low vacancy in this highly desirable rental pocket further supports the long-term stability of the investment.A previous buyer completed a Phase I Environmental Site Assessment (ESA). Additional information available upon request. Buyer to Confirm All Details and Measurements.
MLS® NumberX13124998
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageOutside/Surface
Approx. Age
Basement
DrivewayGarage Type:Outside/Surface
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 13, 2026List Date
$1,899,999List Price
  • Commute

Commute

Starting Address
Destination Address
118 Rochester St, Ottawa, ON

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