342 Frank St - Apartments FOR SALE


Ottawa, ON K2P 0Y1- Downtown
$2,395,000 CAD
613-238-2801
342 Frank St, Ottawa, ON for Sale
$2,395,000 CAD
Apartments - FOR SALE
1/30
null | 6.22% Cap Rate

342 Frank St
Ottawa, ON K2P 0Y1
Downtown


HIGHLIGHTS

  • The property benefits from strong walkability, with nearby access to retail, dining, public transit routes, and green spaces.
  • Its proximity to major transit corridors and key institutions supports consistent occupancy levels and long-term rental growth potential.
  • The surrounding area continues to experience ongoing intensification and development, reinforcing the property’s long-term investment outlook.

OVERVIEW

Rarely available purpose built multi unit investment property in prime Centretown location. 200K Gross income. Fully rented. Six 3-bedroom unit+one 2-bedroom unit . 3 Storey brick building. Large, well-maintained units. Easy walking to Bank street, Elgin and Parliament hill. New boiler2025

FOR SALE DETAILS

PRICE

$2,395,000 CAD

PRICE/SF

$298 CAD /SF

# OF UNITS

7

PRICE/UNIT

$342,143

CAP RATE

6.22%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1902

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

R4T

APN/PARCEL ID

061404210145400

ASK ABOUT THIS PROPERTY

Chris CovenyRoyal LePage Performance RealtyMore Info
613-238-2801

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Chris CovenyRoyal LePage Performance RealtyMore Info
613-238-2801

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.