Sanjiv Puri
Broker
Ipro Realty Ltd., Brokerage
Independently owned and operated.
503-55 City Centre Dr., Mississauga, Ontario L5B1M7
Cell: 647-295-5501Office: 905-268-1000Fax: 905-277-0020
$1,999,900
Available - For Sale
Listing ID: X12345143
204 Boteler Stre , Lower Town - Sandy Hill, K1N 5A7, Ottawa
| Prime investment opportunity! Rarely offered corner-lot property located in the heart of Ottawas prestigious Lowertown, just steps from numerous embassies, green parks, the Rideau River - you just cant beat this location. This solidly built 24-unit commercial brick building will be delivered VACANT upon closing, offering unmatched flexibility for your exclusive vision. There are 22 studio rooms (without kitchens) that are each composed of a spacious bedroom area and each with their own private, full bathroom! Plus, two rooms on the ground level that have been converted into a classroom and conference room. With eight units per floor, there is plenty of room here! The lower level adds a commercial kitchen, laundry room (coin operated), mechanical room, cafeteria, storage and a TV room. With a turn-key structure, site plan and floor plan available, and unit sizes averaging 22 x 15, this property presents endless possibilities. From a retirement or assisted living residence, micro-apartment conversion, or student housing complex, to corporate/NGO accommodations, boutique hostel, or co-living community, the redevelopment potential is immense for those who can think outside the box.Whether you're an experienced developer or first-time commercial investor, this is an exceptional opportunity to secure a high-profile asset in one of Ottawas most strategic locations. You wont want to miss this one - come fall in love today! |
| Price | $1,999,900 |
| Taxes: | $15116.61 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Partial |
| Address: | 204 Boteler Stre , Lower Town - Sandy Hill, K1N 5A7, Ottawa |
| Postal Code: | K1N 5A7 |
| Province/State: | Ottawa |
| Legal Description: | LT 22, PL 3 , S/S BOTELER ST ; PT LT 6, |
| Directions/Cross Streets: | Boteler Street at King Edward Avenue. |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Apartment |
| Use: | Apts - Over 20 Units |
| Building Percentage: | T |
| Total Area: | 19596.00 |
| Total Area Code: | Square Feet |
| Area Influences: | Major Highway Public Transit |
| Expenses Actual/Estimated: | $Est |
| Sprinklers: | No |
| Washrooms: | 22 |
| Heat Type: | Baseboard |
| Central Air Conditioning: | Yes |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX HALLMARK REALTY GROUP |
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Sanjiv Puri
Broker
Dir:
647-295-5501
Bus:
905-268-1000
Fax:
905-277-0020
| Virtual Tour | Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Ottawa |
| Municipality: | Lower Town - Sandy Hill |
| Neighbourhood: | 4001 - Lower Town/Byward Market |
| Tax: | $15,116.61 |
| Baths: | 22 |
| Fireplace: | N |
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