Jason Ralph

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202 ROCHESTER STREET, Ottawa, Ontario

$1,649,999

13 Beds
6 Baths

INVESTOR ALERT - 5.5% CAP RATE IN LITTLE ITALY.Exceptional opportunity to acquire a 6-unit multi-residential asset in one of Ottawa's most supply-constrained and high-demand rental markets. This property offers a strong and versatile unit mix of three 2-bedroom units, two 3-bedroom units, and one 1-bedroom unit, delivering immediate income with long-term upside. Current cap rate of approximately 5.5% provides a compelling return in a premium urban location. Two units feature large private decks, a rare value-add in central Ottawa that supports tenant retention and potential rental premiums. A rear parking lot further enhances tenant demand and income stability. Numerous updates and renovations have already been completed, reducing near-term capital expenditures, while remaining cosmetic improvements present a clear opportunity to further increase rents and overall asset value. Each unit offers functional layouts with generous living spaces, appealing to a broad tenant base including professionals, families, and students. The location drives consistent occupancy, situated steps from Preston Street's vibrant restaurant and retail corridor, and minutes to Dow's Lake, the Arboretum, Carleton University, the O-Train, and major downtown employment hubs. This is a rare chance to secure a 6-plex in Little Italy at a 5.5% cap rate-a combination of yield, location, and upside that is increasingly difficult to find. Ideal for investors seeking strong cash flow, future rent growth, and long-term appreciation. Act quickly. Some images have been virtually staged to protect tenant privacy. (id:25961)

Listing ID: X12372575
Property Type: Multi-family

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Rooms

Level	Type	Dimensions
Living room	Second level	4.4 m x 3.1 m
Kitchen	Second level	4.2 m x 3.1 m
Bedroom	Second level	3.2 m x 3.1 m
Bedroom 2	Second level	3.6 m x 3.4 m
Bedroom 3	Second level	4.5 m x 3.3 m
Bathroom	Second level	1.9 m x 1.4 m
Laundry room	Second level	1.9 m x 1.4 m
Foyer	Second level	3.3 m x 2.1 m
Living room	Second level	5.5 m x 5.3 m
Kitchen	Second level	4.1 m x 2.5 m
Bedroom	Second level	3.7 m x 3.3 m
Bedroom 2	Second level	5.4 m x 3.6 m
Bedroom 3	Second level	3.6 m x 2.7 m
Bathroom	Second level	3.3 m x 2.2 m
Living room	Ground level	5.3 m x 2.8 m
Living room	Ground level	6.4 m x 4.4 m
Kitchen	Ground level	3.9 m x 2.8 m
Bedroom	Ground level	3.4 m x 3 m
Bedroom 2	Ground level	5.2 m x 3.2 m
Bathroom	Ground level	3.3 m x 2.8 m
Living room	Ground level	4.8 m x 3 m
Kitchen	Ground level	3.7 m x 2 m
Bedroom	Ground level	3.9 m x 2.5 m
Bathroom	Ground level	3 m x 1.4 m
Kitchen	Ground level	3.85 m x 3.32 m
Bedroom	Ground level	3.2 m x 3.2 m
Bedroom 2	Ground level	4.1 m x 2.8 m
Bathroom	Ground level	3.9 m x 1.7 m
Living room	Ground level	4.1 m x 4.9 m
Kitchen	Ground level	4.2 m x 3.4 m
Bedroom	Ground level	3.8 m x 3.5 m
Bedroom 2	Ground level	3.6 m x 3.3 m
Bathroom	Ground level	3.2 m x 1.8 m

Details

Parking Spaces: 6
Transaction: For sale
Zoning Description: R4T[951]-c, R4T-c

Building

BasementType: N/A (Unfinished)
Basement Development: Unfinished
Bedrooms Main Level: 13
Cooling: None
Exterior Finish: Stucco
Fireplace Present: False
Foundation: Block
Bathrooms (Total): 6
Heating: Other
Size Interior: 5000 - 100000 sqft
Stories Total: 2
Type: Other
Utility Water: Municipal water

Land

Sewer: Sanitary sewer
Size Frontage: 53 ft ,6 in
Size Irregular: 53.5 x 100 FT

Listing provided by ROYAL LEPAGE INTEGRITY REALTY
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 202 ROCHESTER STREET in Ottawa Ontario. It was last modified on September 1st, 2025. Contact Jason Ralph to schedule a viewing or to discover other Ottawa real estate for sale.

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