Ottawa, ON K2P0X4 159 FRANK STREET

$2,600,000

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Presented By: ROYAL LEPAGE TEAM REALTY
  • MLS# X12306932
  • 07/25/2025
  • Request Tour
  • Request Info
  • Beds • 11
  • Baths • 7
  • SQFT • 5000 - 100000

Home Details

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:7434)
Presented By: ROYAL LEPAGE TEAM REALTY

Interior Features for 159 FRANK STREET

Bedrooms

Bedrooms11

Other Interior Features

Basement DevelopmentFinished
Basement TypeN/A (Finished)
Building Fireplace PresentFalse
Building Heating TypeHot water radiator heat
Living Area Range5000 - 100000

General for 159 FRANK STREET

Building Age100+ years
Building AppliancesWater meter, Dishwasher, Hood Fan, Stove, Refrigerator
Building TypeOther
Building.StoriesTotal3
CommunityName4104 - Ottawa Centre/Golden Triangle
FeaturesCarpet Free
Foundation TypeStone
Location DescriptionElgin St. and Cartier
Parking Space Total7
Property TypeMulti-family

Exterior for 159 FRANK STREET

Exterior FinishBrick, Stucco
SewerSanitary sewer

Additional Details

Paul Dojcinovic

TEAM LEADER, REALTOR® at eXp Realty
Price $2,600,000
MLS#X12306932
List Date 07/25/2025
Property Type Multi-Family
Phone 403.608.2191
Request Tour
Request Info
Visit My Website

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