Welcome to 514 Lyon St, a turn-key 5-unit investment property ideally located in the heart of Centretown, one of Ottawa's most desirable and consistently strong rental markets. Generating $87,360 in gross annual income at a 5.1% cap rate, this well-maintained asset offers investors a rare opportunity to assume approximately $1.049M in existing financing at an attractive 4.25% interest rate with a 40-year amortization until June 1, 2030, providing a significant financing advantage in today's market. An option for a second position VTB is also available; contact the listing agent for details. The property has undergone extensive recent upgrades, including fully renovated units throughout, new windows (2023), and a new furnace and hot water tank (2023). With all major capital improvements completed, this is a true turn-key investment requiring minimal near-term capital expenditure. Located within walking distance of downtown Ottawa, transit, shops, restaurants, government offices, and major employment centres, 514 Lyon St benefits from strong rental demand and an unbeatable urban location. The property also includes 3 parking spaces across two driveways. The building is fully tenanted and stabilized, providing reliable, in-place cash flow from day one and a secure, low-risk investment for the new owner. This is an exceptional opportunity to acquire a stabilized multi-residential asset with strong income, attractive financing options, and significant recent improvements in one of Ottawa's premier rental neighbourhoods.More details
Welcome to 514 Lyon St, a turn-key 5-unit investment property ideally located in the heart of Centretown, one of Ottawa's most desirable and consistently strong rental markets. Generating $87,360 in gross annual income at a 5.1% cap rate, this well-maintained asset offers investors a rare opportunity to assume approximately $1.049M in existing financing at an attractive 4.25% interest rate with a 40-year amortization until June 1, 2030, providing a significant financing advantage in today's market. An option for a second position VTB is also available; contact the listing agent for details. The property has undergone extensive recent upgrades, including fully renovated units throughout, new windows (2023), and a new furnace and hot water tank (2023). With all major capital improvements completed, this is a true turn-key investment requiring minimal near-term capital expenditure. Located within walking distance of downtown Ottawa, transit, shops, restaurants, government offices, and major employment centres, 514 Lyon St benefits from strong rental demand and an unbeatable urban location. The property also includes 3 parking spaces across two driveways. The building is fully tenanted and stabilized, providing reliable, in-place cash flow from day one and a secure, low-risk investment for the new owner. This is an exceptional opportunity to acquire a stabilized multi-residential asset with strong income, attractive financing options, and significant recent improvements in one of Ottawa's premier rental neighbourhoods.More details
*OPEN HOUSE SUNDAY October 4th 2:00-4:00pm* Welcome to Unit 905 at 360 McLeod Street in Ottawa, a truly rare offering and immaculate penthouse residence where soaring 10-foot ceilings and breathtaking, unobstructed 180-degree views create a stunning backdrop over downtown and the western skyline. From the moment you step inside, you're immersed in light. The expansive, open-concept design unfolds effortlessly, enhanced by newly installed living room flooring that flows seamlessly throughout, elevating every inch of the space.The kitchen is both refined and functional, thoughtfully upgraded with sleek cabinetry, modern countertops, an updated faucet, and premium appliances, including a new Maytag range. A full wall of additional cabinetry offers exceptional storage, delivering both sophistication and everyday practicality. Retreat to the spacious primary bedroom, a calm and comfortable escape. Nearby, a versatile den or home office adapts beautifully to your lifestyle, complete with a double closet and a cleverly integrated Murphy bed, creating a seamless and stylish solution for hosting overnight guests. The bathroom continues the elevated feel, featuring a custom wide shower and quality built-in finishes designed with both comfort and design in mind. Additional highlights include in-suite laundry and a convenient underground parking space. Beyond your front door, enjoy access to an impressive collection of amenities, including an outdoor pool, inviting patio area, party rooms, and a fully equipped fitness centre. All of this, just steps from the vibrant shops, restaurants, and conveniences of Bank Street and within easy walking distance to downtown office towers.This is more than a home. This is penthouse living, elevated in every sense.More details
Welcome to The Bowery at 255 Bay Street! This stylish studio condo offers modern downtown living with exceptional amenities and a large private terrace that extends the living space outdoors. The thoughtfully designed layout features a contemporary kitchen with sleek cabinetry, stainless steel appliances and ample workspace, an open-concept living area, full bathroom and convenient in-suite laundry.Enjoy an impressive selection of rooftop amenities, including an indoor pool, sauna, fully equipped fitness centre, party room and outdoor rooftop terrace, all complemented by views of downtown Ottawa.Ideally located in the heart of downtown, you're just steps from Lyon LRT Station, Parliament Hill, the business district, restaurants, cafés, shopping and everyday conveniences. An excellent opportunity for a first-time buyer, young professional, investor, student, executive or anyone seeking a convenient downtown pied-à-terre. The spacious terrace adds valuable outdoor living space and is ideal for morning coffee, entertaining or simply enjoying the city.More details
Beautiful and bright, this 2-bedroom, 2-bathroom-plus-den condo sits in the heart of Centretown at Hudson Park by Charlesfort. Floor-to-ceiling windows and hardwood floors fill the space with light, and a private balcony is just off the living room. The kitchen features a large island perfect for entertaining, quartz countertops, and stainless steel appliances. Both bedrooms showcase custom closets: the primary includes a 3-piece ensuite with a walk-in shower, and the second provides convenient access to the full bath. An open den area with built-in cabinetry offers versatile space for a home office or reading nook. In-suite laundry, underground parking, and a storage locker add everyday convenience. Building amenities include a rooftop terrace, exercise room, party room, and EV charger. Move-in ready, this suite leaves little to do but move in and enjoy. Ideally located close to shopping, restaurants, and transit, this is refined city living at its best.More details
Spacious and beautifully maintained 1-bedroom, 2-bathroom condominium located in the heart of downtown Ottawa, complete with two parking spaces. Originally built as a 2-bedroom unit and professionally reconfigured into an expansive 1-bedroom layout, this home offers an abundance of living space rarely found in this price range. The unit features an updated kitchen and bathrooms, newer flooring, pot lights, and stylish French and glass doors that add both character and sophistication. Large windows fill the home with natural light while offering attractive city views. Just steps from public transit, shopping, restaurants, and everyday amenities, this property is an excellent opportunity for first-time buyers, professionals, or investors seeking exceptional value in a sought-after downtown location.More details
Space, comfort, and convenience come together at Tribeca East in the heart of downtown Ottawa. This bright 955 sq. ft. residence offers two bedrooms, two full bathrooms, a premium heated underground parking space conveniently located near the elevator, and TWO storage lockers. Floor-to-ceiling windows fill the open-concept living and dining areas with natural light, while the kitchen features granite countertops, a large island, a natural stone backsplash, and stainless-steel appliances. Engineered hardwood flooring extends throughout the unit, creating a polished and cohesive interior.The two generously sized bedrooms are thoughtfully positioned on opposite sides of the residence, providing excellent privacy. Enjoy year-round comfort with a recently upgraded heat pump system offering independent in-suite climate control.Residents of Tribeca East enjoy an impressive selection of amenities, including an indoor pool, fitness centre, sauna, guest suite, party room, conference room, landscaped courtyard, communal BBQ area, and secure building entry. For exceptional everyday convenience, Farm Boy is directly connected to the building complex. The shops, restaurants, and services of Elgin Street are just steps away, while Parliament Station and Ottawa's LRT network are only a short walk from your door, offering convenient access throughout the city. Parliament Hill, the Rideau Canal, the National Arts Centre, Rideau Centre, and ByWard Market are all within easy reach. An exceptional opportunity to enjoy spacious, connected, and convenient downtown living. Some photos are virtually staged. This unique unit will not last long.More details
Experience spacious downtown living in the heart of Ottawa's historic and vibrant ByWard Market. This exceptionally bright and generously sized 2-bedroom, 2-bathroom south-facing condominium offers a rare combination of space, natural light and an outstanding central location. Extra-large south-facing windows fill the home with light, while hardwood flooring throughout and a private balcony overlooking Murray Street add to its appeal.The current owner has invested over $40,000 in renovations and improvements, enhancing the comfort and functionality of this spacious home. A new Bosch washing machine complements the other well-maintained appliances. The generous layout offers comfortable principal rooms, two full bathrooms and ample space for everyday living and entertaining- considerably more substantial than many downtown condominiums.Ideally positioned steps from Sussex Drive and Major's Hill Park, and within easy walking distance of Parliament Hill, Global Affairs Canada (DFAIT), embassies and government offices. Enjoy the Rideau Canal, Ottawa Locks, National Gallery of Canada, Rideau Centre, Château Laurier, outdoor farmers' market, restaurants, cafés, Tavern on the Hill, Tavern on the Falls, boutiques and nightlife, all close by.Excellent access to Ottawa's walking and cycling network offers scenic routes along the river and across the Alexandra Bridge toward the Canadian Museum of History, with spectacular views of Parliament Hill, Major's Hill Park and the Ottawa River.Underground parking and storage locker included. Parking space P4-46 and locker P2-26. Additional parking PIN: 154190129. Currently tenanted until the end of October 2026, with vacant possession available November 1, 2026. Measurements are approx. Floorplan attached. Status certificate to be ordered. 24 hours irrevocable on all offers as per form 224 and 244.More details
Offered for the first time in nearly 50 years, this impressive three-storey, red-brick six-unit building presents a rare investment opportunity in the heart of Hintonburg. Lovingly maintained and thoughtfully updated, the property combines classic character, and significant improvements to major building systems. Unit features include hardwood floors, high ceilings, fireplaces, generous sized principal rooms, enclosed sunrooms, large west-facing rear patios providing valuable outdoor living space, and absolutely fantastic tenants. Extensive updates over the years include a complete electrical upgrade (2014-2022), all modern plumbing including stacks (mostly 2022), windows (mostly 2019+), architectural style roofing (2017-2019) and heating systems (2022), offering an excellent foundation for continued ownership. Ideally positioned just steps from Hintonburg's shops, restaurants, cafés and transit, the property benefits from an exceptional central location and strong tenant appeal. Gross income of $120,240, and expenses of $26,923, gives 124-126 Irving Avenue a strong CAP rate of 5.24% with room to increase. This is a rare opportunity to acquire a substantial multi-residential property in one of Ottawa's most desirable urban neighbourhoods. 2026 Fire Code Compliance Certificate will be made available to the buyer on or before closing.More details
Offered for the first time in nearly 50 years, this impressive three-storey, red-brick six-unit building presents a rare investment opportunity in the heart of Hintonburg. Lovingly maintained and thoughtfully updated, the property combines classic character, and significant improvements to major building systems. Unit features include hardwood floors, high ceilings, fireplaces, generous sized principal rooms, enclosed sunrooms, large west-facing rear patios providing valuable outdoor living space, and absolutely fantastic tenants. Extensive updates over the years include a complete electrical upgrade (2014-2022), all modern plumbing including stacks (mostly 2022), windows (mostly 2019+), architectural style roofing (2017-2019) and heating systems (2022), offering an excellent foundation for continued ownership. Ideally positioned just steps from Hintonburg's shops, restaurants, cafés and transit, the property benefits from an exceptional central location and strong tenant appeal. Gross income of $120,240, and expenses of $26,923, gives 124-126 Irving Avenue a strong CAP rate of 5.24% with room to increase. This is a rare opportunity to acquire a substantial multi-residential property in one of Ottawa's most desirable urban neighbourhoods. 2026 Fire Code Compliance Certificate will be made available to the buyer on or before closing.More details
Data was last updated September 30, 2026 at 07:15 PM (UTC)
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.