An investment property you would be proud to own. Welcome to 46 James Street in the heart of Ottawa. This property offers a strong combination of character and functionality in a sought-after location. With well-maintained units and reliable rental income, it provides an excellent opportunity for both seasoned investors and those looking to expand their portfolio. For 2024, the property generated gross rental income of $82,692.00, with total expenses of $23,761.80 (including insurance, property tax, utilities, repairs and maintenance, management, and bank fees). This results in a net income of $58,930.20. Conveniently located close to shopping, public transit, parks, and all that downtown Ottawa has to offer.
Address
46 James Street
List Price
$1,099,000
MLS® Status
New
Expiration Date
2025-12-19
Property Type
Residential Freehold
Type of Dwelling
Multiplex
Style of Home
2 1/2 Storey
Transaction Type
Sale
Area
Ottawa Centre
Sub-Area
4103 - Ottawa Centre
Region
Ottawa
Bedrooms
6
Bedrooms (Total)
6
Rooms Above Grade
15
Bathrooms
15
Floor Area
2500-3000 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
109
Lot Size Units
Feet
Lot Width
33.33
Parcel Number
041190082
Occupant Type
Tenant
Cross Street
James Street & Bank Street
Approx. Age
100+ Years
MLS® Number
X12388009
Listing Brokerage
ROYAL LEPAGE TEAM REALTY
Basement Area
Unfinished
Postal Code
K2P 0T6
Posession Details
TBD
Parking Places (Total)
3
Parking Spaces
3
Tax Amount
$7,281.00
Tax Year
2024
Interior Features
Separate Hydro Meter, Water Meter, Storage, Storage Area Lockers, Floor Drain
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Ottawa Real Estate Board
Heat Source
Gas
Heat Type
Radiant
Cooling Features
None
Construction Materials
Brick
Direction Faces
South
Fireplace
No
Foundation Details
Stone
Garage
No
Garage Type
None
Kitchens Total
4
Kitchens Above Grade
4
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
PT LT 6, PL 21612 , S/S OF JAMES ST, N307235 ; T/W N307235 ; OTTAWA/NEPEAN
Waterfront
No
Sewer
Sewer