370 Belisle Street – 6 Unit Apartment Building ( Coming soon to MLS! )
- $1,425,000
- $1,425,000
Description
Exceptional investment opportunity in the heart of Vanier this purpose-built, all-brick six-unit apartment building offers a desirable unit mix of five 2-bedroom units and one 1-bedroom unit. Ideally located just off McArthur Avenue, the property is within walking distance to St. Laurent Shopping Centre, public transit, schools, and amenities, making it highly attractive to quality tenants. The property is professionally managed and currently generates a gross annual income of just over $98,000. With all units rented below current market rates, there is significant upside potential as units turn over. Situated on an impressive lot of over 12,000 sq. ft., the property offers potential for future development or expansion (buyer to verify with the City of Ottawa).With strong management already in place, this is a turn-key investment for the next owner seeking stable cash flow and long-term growth potential. Contact the listing agent for a detailed rental pro forma and insured financing scenario.
Address
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Address: 370, Belisle Street, Vanier, Rideau-Vanier, Ottawa, Eastern Ontario, Ontario, K1L 6N5, Canada
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City: Ottawa
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Zip/Postal Code: K1L 6N5
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Country: Canada
Details
Updated on October 20, 2025 at 4:03 pm-
Price $1,425,000
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Property Size 4800 sqft
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Land Area 12,000 sqft
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Bedrooms 11
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Bathrooms 6
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Property Type Commercial
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Property Status For Sale
