5 Wolff St - Apartments FOR SALE


Ottawa, ON K1K 1K6- East Central
$5,050,000 CAD
613-321-3416
5 Wolff St, Ottawa, ON for Sale
$5,050,000 CAD
Apartments - FOR SALE
1/19
null | 4.77% Cap Rate

5 Wolff St
Ottawa, ON K1K 1K6
East Central


OVERVIEW

An exceptional opportunity to acquire a well-performing multi-family asset in one of Ottawa east’s most desirable neighbourhoods. 5 Wolff Street features two low-rise multi-family buildings comprising a total of sixteen fully leased units, complemented by an on-site parking lot. This is a turnkey investment offering immediate, stable cash flow with strong potential for future rental growth and value appreciation. The excess land additionally provides Buyers with the opportunity to increase the density on the site through redevelopment. Tucked away on a quiet, tree-lined street, the property is ideally located just minutes from major transit corridors and public transportation, providing seamless access to the downtown core. The surrounding area is rich with amenities, including nearby schools, public parks, and scenic walking and cycling paths along the Rideau River. Residents also enjoy being steps from the Rideau Sports Centre and Real Canadian Superstore, enhancing the everyday convenience of the location. This neighbourhood is highly attractive to students, young professionals, and families alike - those seeking a relaxed, community-oriented setting with generous green space and easy access to urban essentials. 5 Wolff Street presents a rare blend of location, livability, and investment strength in Ottawa’s multi-residential market.

FOR SALE DETAILS

PRICE

$5,050,000 CAD

PRICE/SF

$270 CAD /SF

# OF UNITS

16

PRICE/UNIT

$315,625

CAP RATE

4.77%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1928

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

R4UC

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Susanne WilkinsDistrict Realty Corporation, BrokerageMore Info
613-321-3416

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Susanne WilkinsDistrict Realty Corporation, BrokerageMore Info
613-321-3416

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