136 King George Street

Discover a prime investment opportunity with this well-maintained multiplex, a Multi-Family Home for sale in Ottawa , located at 136 King George Street, Ottawa. This property boasts an impressive configuration, featuring three distinct 2-bedroom units, each designed to provide comfortable living spaces and appealing layouts, making it an ideal choice for steady rental income. With a total of 12 rooms, including three kitchens and six bathrooms, this property is perfectly suited for those seeking a lucrative investment in the vibrant community of Overbrook/Castle Heights.

The building itself is a charming three-storey structure, constructed with a combination of brick and vinyl siding, which not only enhances its aesthetic appeal but also ensures durability. The exterior is well-maintained, reflecting the care that has gone into the upkeep of this Multi-Family Home for sale in Ottawa. Each unit is unfurnished, allowing new tenants to personalise their living spaces to their taste. The property is equipped with central air conditioning, ensuring a comfortable environment throughout the warmer months.

Situated at 136 King George Street, Ottawa, this multiplex benefits from its strategic location. The community of Overbrook/Castle Heights is known for its accessibility, with easy connections to major routes, including the nearby Highway 417. This makes commuting to downtown Ottawa and other areas a breeze, adding to the appeal for potential tenants. Additionally, the St. Laurent Shopping Centre, one of Ottawa's major retail destinations, is merely a short drive away, providing an array of shopping, dining, and entertainment options right at your doorstep.

For those who appreciate the great outdoors, the scenic Rideau River is just a short stroll from the property. The river is surrounded by beautiful parks and offers walking and cycling paths, making it a perfect spot for leisurely activities. This blend of urban convenience and natural beauty makes this Multi-Family Home for sale in Ottawa an exceptional opportunity for investors looking to tap into the rental market.

One of the significant advantages of this property is the absence of a basement, which simplifies maintenance and reduces potential issues often associated with lower levels. Additionally, there is no garage space, but the property does feature a driveway with parking available for up to two vehicles. This is particularly beneficial in a bustling area like Overbrook/Castle Heights, where parking can often be a challenge.

The heating system in place is forced air, ensuring that the units remain warm and inviting during the colder months. The property is connected to municipal water and sewer services, which adds to the convenience of living in this well-established community. While there is no central vacuum system or family room, the layout of the units provides ample space for comfortable living.

For investors looking for an exceptional opportunity, this Multi-Family Home for sale in Ottawa can be purchased alongside the adjacent triplex at 138 King George Street. This unique chance allows for the creation of a 6-unit complex on two side-by-side lots, significantly enhancing the potential for rental income and investment growth.

In summary, 136 King George Street, Ottawa, is a well-maintained multiplex that presents an outstanding investment opportunity. With its three 2-bedroom units, central air conditioning, and prime location in the Overbrook/Castle Heights community, this Multi-Family Home for sale in Ottawa is not to be missed. Whether you are a seasoned investor or a first-time buyer looking to enter the rental market, this property is a smart addition to any real estate portfolio. Don’t miss your chance to explore this remarkable opportunity!

Overbrook/Castle Heights is a charming and diverse neighbourhood nestled in the eastern part of Ottawa, characterised by its tree-lined streets and a mix of residential styles, from quaint bungalows to modern townhouses. This community boasts a welcoming atmosphere, with an array of local amenities including parks, schools, and shops that cater to residents' everyday needs. The area is well-connected by public transport, making it easy to access the vibrant downtown core and other parts of the city. With its strong sense of community spirit and a rich tapestry of cultures, Overbrook/Castle Heights offers a delightful balance of urban convenience and suburban tranquillity, making it an appealing choice for those looking to settle in Ottawa.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, providing excellent educational options for families. Within a 3.2 km radius, you'll find a variety of public and Catholic schools catering to different grade levels. Robert E. Wilson Public School (1.1 km) and St. Michael School (0.9 km) offer elementary education in English, with ratings of 2.8 and 3.3, respectively. For families seeking a broader curriculum, Queen Elizabeth Public School (1.9 km) provides grades JK to 8 with a higher rating of 3.8. Elgin Street Public School (2.7 km) and Vincent Massey Public School (3.2 km) offer French-language education, with ratings of 7.7 and 6.6, respectively. For secondary education, Lisgar Collegiate Institute (2.3 km) stands out with an impressive rating of 8.8, while Immaculata High School (2.4 km) offers a Catholic education with a rating of 7.4. This diverse range of educational institutions ensures that your children will have access to quality education close to home, making this property an ideal choice for families.