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$2,350,000
Available - For Sale
Listing ID: X12782236
Welcome to 59 Concord Street - a rare opportunity to acquire a purpose-built fourplex in the heart of Sandy Hill, steps to the University of Ottawa and the Rideau Canal. Built in 2016, this Class A, fully stabilized asset sits in one of Ottawa's strongest and most consistent rental corridors.The property consists of four identical 4-bedroom, 2-bathroom units, purpose-designed to maximize rental income and tenant demand. Each suite features dark hardwood flooring, durable tile and vinyl surfaces, and open-concept layouts filled with natural light. Contemporary kitchens showcase two-toned cabinetry, granite countertops, stainless steel appliances, and oversized center islands with breakfast bars overlooking spacious living and dining areas.Every unit is equipped with in-suite laundry, independent HVAC systems (furnace and A/C), tankless hot water tanks, video intercom entry, fob access, and enhanced soundproofing between units - a premium feature that reduces turnover and increases tenant satisfaction. The building also offers secure keypad entry and 24/7 video surveillance, reinforcing safety and long-term tenant appeal.Four identical units. Units come fully furnished. Offered all inclusive, water, gas, hydro. Fully tenanted. The turnkey nature of this asset ensures minimal operational complexity and strong tenant retention.Located within walking distance to the ByWard Market, Parliament Hill, and major transit routes, this is a high-demand micro-location with consistent rental performance driven by proximity to the University of Ottawa and downtown employment hubs.Strong financial profile with an NOI of $105,500.30 at a 4.5% cap rate. A clean, modern, income-producing asset built right, positioned right, and engineered for long-term performance - an exceptional addition to any serious investor's portfolio.
Price $2,350,000
Taxes: $15,509
Assessment Year: 2025
Occupancy by: Tenant
Address: 59 Concord Street North , Glebe - Ottawa East and Area, K1S 0Y5, Ottawa
Directions/Cross Streets: Concord and Montcalm
Rooms: 6
Rooms +: 2
Bedrooms: 12
Bedrooms +: 4
Washrooms: 8
Family Room: F
Basement: Full
Finished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Kitchen 11.97 9.97
Room 2: Main Living Ro 7.97 9.97
Room 3: Main Bedroom 11.97 9.97
Room 4: Main Bedroom 2 11.97 9.97
Room 5: Main Bedroom 3 11.97 9.97
Room 6: Main Bedroom 4 11.97 9.97
No. of Pieces Level
Washroom 1:  3 Main
Washroom 2:  3 Second
Washroom 3:  3 Third
Washroom 4:  3 Lower
Washroom 5:  0
Property Type: Fourplex
Style: 3-Storey
Exterior: Brick
Metal/Steel Sidi
Garage Type: None
Drive Parking Spaces: 0
Pool: None
Approximatly Age: 6-15
Approximatly Square Footage: 3500-5000
Property Features: Public Trans
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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EXP REALTY

59 Concord Street North , Glebe - Ottawa East and Area, K1S 0Y5, Ottawa

Personal Picture
MD Ashraful Bari
Broker
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647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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Type: Freehold - Fourplex
Area: Ottawa
Municipality: Glebe - Ottawa East and Area
Neighbourhood: 4408 - Ottawa East
Style: 3-Storey
Lot Size: x 99.00(Feet)
Approximate Age: 6-15
Tax: $15,509
Maintenance Fee: $0
Beds: 12+4
Baths: 8
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
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Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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