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505 O'CONNOR STREET in Ottawa: Multi-family for sale : MLS®# X12931186
505 O'CONNOR STREET Ottawa K1S 1Y8 
$1,750,000Multi-family- Status:
- Active
- MLS® Num:
- X12931186
- Floor Area:
- 4,400 sq. ft.
Rare opportunity in the heart of the Glebe! Located on a quiet, tree-lined street at the corner of O'Connor Street and Monkland Avenue, this versatile property is ideal for a medical practice with residential income above. The ground floor offers approximately 1,800 sq ft and is currently fitted for a doctor's office, with excellent visibility and accessibility. Potential to convert into rental apartments instead if the next owner chooses. The second floor features a spacious 1,800 sq ft three-bedroom, one-bathroom apartment, while the third floor includes a two-bedroom apartment of approximately 800 sq ft. The unfinished basement provides generous storage, including two dedicated storage lockers for current residential tenants. Ample street parking available but also a dedicated garage and two driveway spots. Set in a spectacular Glebe location, this property is steps from Bank Street's shops, cafes, and restaurants, and just a short walk to Lansdowne Park. A rare opportunity to combine professional space, residential living, and long-term investment in one of Ottawa's most sought-after neighbourhoods. (id:2493) More detailsListed by COLDWELL BANKER RHODES & COMPANY
- DANIEL OAKES
- Engel & Völkers Ottawa Central Brokerage
- 613-422-8688
- Contact by Email
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505 O'CONNOR STREET in Ottawa: Multi-family for sale : MLS®# X12931180
505 O'CONNOR STREET Ottawa K1S 1Y8
$1,750,000Multi-family- Status:
- Active
- MLS® Num:
- X12931180
- Bedrooms:
- 5
- Bathrooms:
- 4
Rare opportunity in the heart of the Glebe! Located on a quiet, tree-lined street at the corner of O'Connor Street and Monkland Avenue, this versatile property is ideal for a medical practice with residential income above. The ground floor offers approximately 1,800 sq ft and is currently fitted for a doctor's office, with excellent visibility and accessibility. Potential to convert into rental apartments instead if the next owner chooses. The second floor features a spacious 1,800 sq ft three-bedroom, one-bathroom apartment, while the third floor includes a two-bedroom apartment of approximately 800 sq ft. The unfinished basement provides generous storage, including two dedicated storage lockers for current residential tenants. Ample street parking available but also a dedicated garage and two driveway spots. Set in a spectacular Glebe location, this property is steps from Bank Street's shops, cafes, and restaurants, and just a short walk to Lansdowne Park. A rare opportunity to combine professional space, residential living, and long-term investment in one of Ottawa's most sought-after neighbourhoods. (id:2493) More detailsListed by COLDWELL BANKER RHODES & COMPANY - DANIEL OAKES
- Engel & Völkers Ottawa Central Brokerage
- 613-422-8688
- Contact by Email
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514 BAY STREET in Ottawa: Multi-family for sale : MLS®# X12927004
514 BAY STREET Ottawa K1R 6B3
$1,579,000Multi-family- Status:
- Active
- MLS® Num:
- X12927004
- Bedrooms:
- 10
- Bathrooms:
- 6
Welcome to 514 & 516 Bay Street, an excellent opportunity to own a well-maintained 5+1-unit building in the heart of Centretown, offering a solid 6.4% cap rate and positive cash flow. This property combines stable income with immediate rental upside. Located on the corner of Bay and Gladstone, the building sits in a desirable residential pocket surrounded by established single-family homes and multi-unit properties. Just steps to downtown offices, shops, restaurants, and public transit, this prime location continues to attract consistent tenant demand. The property features four 2-bedroom units and two 1-bedroom units, providing a strong rental mix. One unit is currently vacant, offering the new owner the opportunity to set rent at today's market rate. There is a shared driveway with parking for three vehicles, adding further tenant appeal. Major updates were completed in 2022, including new subfloors, flooring, upgraded kitchens and bathrooms, lighting, insulation, and new appliances in three units. The roof was replaced in 2023, helping reduce near-term capital expenses. For owner-occupiers, the vacant unit also presents the option to move in while the remaining units generate income to significantly offset or potentially cover your mortgage. (id:2493) More detailsListed by RE/MAX HALLMARK REALTY GROUP - DANIEL OAKES
- Engel & Völkers Ottawa Central Brokerage
- 613-422-8688
- Contact by Email
Data was last updated March 28, 2026 at 08:45 PM (UTC)
