For Sale: 1549 Maxime Street, Ottawa, ON - REW
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$2,148,888
0 bd • ba • 10539 sf • Multifamily
1549 Maxime Street
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$2,148,888
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1549 Maxime StreetOttawa, ON, K1B 3K9

Pineview
  • 0 Bed
  • Bath
  • 10539 Sqft
  • Multifamily

About this home

Outstanding Multi-Family Investment with Income & Future Potential. Located in Ottawas east end, this well-maintained 6-unit apartment building offers both stable rental income and exciting long-term growth opportunities. Sitting on a generously sized 0.24-acre lot (~80 ft frontage x ~132 ft depth), the property combines strong cash flow with excellent redevelopment potential. Currently fully occupied, the building generates over $10,031 in monthly rental income (~$120,372 annual), making it an attractive turnkey investment from day one. The unit mix is highly rentable and diverse: three 2-bedroom units, two 1-bedroom units, and one bachelor apartment. Recent improvements include a new 50-year roof installed in 2018 and modern renovations in several units, reducing future maintenance concerns and enhancing tenant appeal. The property is zoned R1WW[637], unlocking possibilities for future development while maintaining immediate income stability. The location is a major asset- just minutes from Highway 417, Blair and Cyrville LRT stations, shopping centres, restaurants, and everyday conveniences. Tenants benefit from excellent connectivity, while investors gain peace of mind knowing the property is situated in a desirable and growing area. Whether you are looking to expand your multi-family portfolio, secure a reliable cash-flowing property, or position yourself for redevelopment in the future, this building checks all the boxes. A rare opportunity to invest in a strong-performing asset with both present income and future upside. (id:63626)
Listed by: Akash Sharma, Salesperson, Ali Realty Group Inc.

Home facts and features

Price details
List Price
$2,148,888
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Gross Taxes for 2026
$10,329
Home facts
Bedrooms
0
Full Bathrooms
Parking Spaces
8
Property Type
Multifamily
Depth
131.93 feet
Frontage
79.1 feet
Heating Type
Baseboard heaters
Community
Agent details
Primary Agent
Akash Sharma
Primary Broker
Ali Realty Group Inc.
Listing details
Days on REW
10 Days
MLS® Number
X13206444
Source
Canadian Real Estate Association
Board
Ottawa Real Estate Board
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25 Years
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3.99%

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Property Insights

É Élém C Des Pins
  • Catholic
  • JK - 6
John Paul II Elementary School
  • Catholic
  • JK - 6
Gloucester High School
  • Public
  • 9 - 12
Carson Grove Elementary School
  • Public
  • JK - 5
ÉS C Centre professionnel et technique Minto
  • Catholic
  • 9 - 12
Lester B Pearson School
  • Catholic
  • 7 - 12
St. Brother Andre Elementary School
  • Catholic
  • JK - 6
Our Lady of Mount Carmel Elementary School
  • Catholic
  • JK - 6
Queen Mary Street Public School
  • Public
  • JK - 6
St Luke (Ottawa) Elementary School
  • Catholic
  • 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
Akash Sharma
Phone:
(613) 804-9117
Office:
613-327-0131
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By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.