For Sale: 118 Rochester Street, Ottawa, ON - REW
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$1,899,999
0 bd • ba • 7000 sf • Multifamily
118 Rochester Street
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$1,899,999
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118 Rochester StreetOttawa, ON, K1R 7M1

West Centretown
  • 0 Bed
  • Bath
  • 7000 Sqft
  • Multifamily

About this home

Recently fully Renovated property 118 Rochester Street presents an excellent opportunity to acquire a well-maintained purpose-built sixplex in the heart of Ottawa's sought-after West Centretown/Chinatown neighbourhood. Ideally located within walking distance to Little Italy, Bayview Station, transit, restaurants, shops, and numerous amenities, this property offers both stable in-place income and significant long-term upside potential.The building consists of six spacious two-bedroom units with functional layouts, many featuring hardwood flooring, large windows, and excellent natural light throughout. Each unit benefits from private outdoor space, including front balconies and rear decks. Separately metered hydro allows tenants to pay their own electricity, helping reduce operating expenses. The property also features a large shared laundry area and individual tenant storage lockers in the basement.Mechanically, the building has been well maintained with a gas-fired radiant heating system serviced by a newer boiler (2015). Recently Renovated - Major updates to roof, windows, plumbing, and electrical improvements completed. Fire retrofit documentation is on file. A new rear staircase/fire escape has recently been constructed, with minor remaining work associated with completion of a firewall as required through a granted minor variance.The property offers considerable rental upside through future turnover and operational optimization, presenting investors with a strong opportunity to increase NOI and overall asset value over time. Historically low vacancy in this highly desirable rental pocket further supports the long-term stability of the investment. A previous buyer completed a Phase I Environmental Site Assessment (ESA). Fully Renovated. Additional information available upon request. Buyer to Confirm All Details and Measurements. (id:63626)
Listed by: Justin Salazar, Salesperson, EXP REALTY

Home facts and features

Price details
List Price
$1,899,999
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Gross Taxes for 2025
$11,756
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Multifamily
Depth
107.58 feet
Frontage
33.0 feet
Heating Type
Forced air, Natural gas
Community
Agent details
Primary Agent
Justin Salazar
Primary Broker
EXP REALTY
Secondary Agent
Ayden Webster
Secondary Broker
EXP REALTY
Tertiary Agent
Jack Anbara
Tertiary Broker
EXP REALTY
Listing details
Days on REW
26 Days
MLS® Number
X13124998
Source
Canadian Real Estate Association
Board
Ottawa Real Estate Board
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25 Years
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Property Insights

St Anthony Elementary School
  • Catholic
  • JK - 6
Cambridge Street Community Public School
  • Public
  • JK - 6
Devonshire Community Public School
  • Public
  • JK - 6
Centennial Public School
  • Public
  • JK - 8
É Élém C Saint-François-d'Assise
  • Catholic
  • JK - 6
Glashan Public School
  • Public
  • 7 - 8
Connaught Public School
  • Public
  • JK - 6
Glebe Collegiate Institute
  • Public
  • 9 - 12
Corpus Christi Catholic Elementary School
  • Catholic
  • JK - 6
Elgin Street Public School
  • Public
  • JK - 6
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
Justin Salazar
Phone:
(613) 724-0895
Office:
866-530-7737
Salesperson
Ayden Webster
Phone:
(613) 899-5319
Office:
866-530-7737
Salesperson
Jack Anbara
Phone:
(613) 371-4840
Office:
866-530-7737
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