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118 Rochester Street

$1,899,999

For Sale

MLS # X13124998

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Property Type

Commercial

Bedrooms

0

Bathrooms

0

Square Footage

N/A

Building Age

N/A

Time on Market

169 Days

Description

Recently fully Renovated property 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). Recently Renovated - Major updates to roof, windows, plumbing, and electrical improvements completed. 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). Fully Renovated. Additional information available upon request. Buyer to Confirm All Details and Measurements.

Property Summary

Building Type

Investment

Land Size

33 x 107.58 feet

Storeys

N/A

Property Tax - 2025

$11756

Address

Address

118 Rochester Street

City

Ottawa

Postal Code

K1R 7M1

Province

Ontario

Community Name

4204 - West Centre Town

Country

Canada

Details

Building Overview

Bedrooms & Bathrooms

  • Total Bedrooms - 0
  • Total Bathrooms - 0

Interior

Exterior

Heating & Cooling

  • Heat Type - Gas Forced Air Closed
  • Heat Source - Unknown
  • Cooling Source - No

Utilities

  • Water Service - Municipal
  • Sewer Service - Unknown

Rooms Overview

Room Floor Dimensions Features
No room data available for this listing

Land Overview

Lot Dimensions

33 x 107.58 Feet

Property Features

Shoreline

Questions?

Interested in scheduling a viewing? Or just have some questions about the listing? Let us know!

EXP REALTY

Brokerage

424 CATHERINE ST UNIT 200

OTTAWA, ON, K1R5T8

866-530-7737

Disclaimer

Listing data is copyrighted by the Toronto Regional Real Estate Board. It is intended solely for consumers with a genuine interest in the purchase, sale, or lease of real estate and may not be used for any commercial or unrelated purposes. While the information is believed to be reliable, accuracy is not guaranteed by Toronto Regional Real Estate Board or Brick & Noble. No representations or warranties, express or implied, are made by Brick & Noble or its affiliates as to the accuracy or completeness of the information shown. Data is deemed reliable but not guaranteed and should be independently verified.