80 Stewart Street – $1,657,877
Duplex MLS 1299821
From Laurier Ave. E, left onto Cumberland St, right onto Rue Wilbrod St, left onto King Edward Ave, left at the 1st cross street onto Stewart St
property is on the left
Please note this property is being sold as a package with neighbouring 6-plex at 76-78 Stewart Street.
This blue-chip investment property is located in a prime neighborhood in Ottawa, Sandy Hill, situated steps away from the University of Ottawa, famous Byward Market, Rideau Canal, Parliament, National Arts Center, National Gallery of Canada, Shaw Convention Centre, embassies, shopping, restaurants and public transit.
Historically, there have never been any vacancies and it has always been easy to rent. This is a turnkey property with amazing tenants. The proximity to the University of Ottawa offers a reliable source of potential tenants.
80 Stewart Street features 2 units with 4 bedrooms in each unit. Each unit has their own stove, fridge, and dishwasher. There are two electric hot water tanks from Reliance and the tenants pay for the rentals and for hydro. New boiler (furnace) installed in 2021. All new electrical wiring done in 2019 (downstairs unit) and 2020 (upstairs unit). All new windows installed (2019 and 2020) and renovated bathrooms (2017 and 2019). This duplex is an amazing money maker rivaling fourplexes and fiveplexes with its net operating income.