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Home ON Ottawa - Gatineau Ottawa Overbrook - McArthur
5 WOLFF STREET
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5 WOLFF STREET $5,050,000
$5,050,000
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5 WOLFF STREET
Ottawa, Ontario K1K1K6

MLS® Number: X12212502

Listing Description

An exceptional opportunity to acquire a well-performing multi-family asset in one of Ottawa easts most desirable neighbourhoods. 5 Wolff Street features two low-rise multi-family buildings comprising a total of sixteen fully leased units, complemented by an on-site parking lot. This is a turnkey investment offering immediate, stable cash flow with strong potential for future rental growth and value appreciation. The excess land additionally provides Buyers with the opportunity to increase the density on the site through redevelopment. Tucked away on a quiet, tree-lined street, the property is ideally located just minutes from major transit corridors and public transportation, providing seamless access to the downtown core. The surrounding area is rich with amenities, including nearby schools, public parks, and scenic walking and cycling paths along the Rideau River. Residents also enjoy being steps from the Rideau Sports Centre and Real Canadian Superstore, enhancing the everyday convenience of the location. This neighbourhood is highly attractive to students, young professionals, and families alike - those seeking a relaxed, community-oriented setting with generous green space and easy access to urban essentials. 5 Wolff Street presents a rare blend of location, livability, and investment strength in Ottawa's multi-residential market. (40663350)

Location Description

Marguerite Avenue

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Community Name
3403 - Vanier
Land Size
Bldg=108.66 x 106 FT ; lot size irregular
Annual Property Taxes
$35,100
Time on REALTOR.ca
15 days

Building

Building Features
Features
Irregular lot size
Heating & Cooling
Heating Type
Hot water radiator heat (Natural gas)
Utilities
Water
Municipal water
Business
Business Type
Residential (Apartments)

Measurements

Square Footage
21500 sqft
Exterior Building Size
21500 sqft

Land

Lot Features
Frontage
108 ft ,7 in
Land Depth
106 ft
Other Property Information
Zoning Description
R4UC
Data provided by: Ottawa Real Estate Board 1826 Woodward Drive, Ottawa, Ontario K2C 0P7

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