22 Delaware Avenue

Discover an incredible investment opportunity in the heart of Ottawa's prestigious Golden Triangle with this Multi-Family Home for sale in Ottawa . Welcome to 22 Delaware Avenue, Ottawa, a fully updated and rarely available multiplex that is just a stone's throw from the picturesque Rideau Canal, vibrant Elgin Street, and the bustling downtown area. This bright and spacious property boasts four self-contained units, comprising a total of seven bedrooms and five bathrooms, making it an ideal choice for investors seeking strong rental income or live-in owners looking to offset their mortgage costs.

The building, located at 22 Delaware Avenue, Ottawa, has undergone extensive renovations from top to bottom. Major updates have been made, including new electrical and plumbing systems, a high-efficiency boiler, and wall unit air conditioning. Each of the four kitchens has been thoughtfully updated, ensuring that tenants enjoy modern amenities in their living spaces. The bathrooms have also been refreshed, complemented by new windows that allow for ample natural light throughout the property. The exterior features a combination of brick and hardboard, providing both durability and aesthetic appeal.

In addition to the updated interiors, 22 Delaware Avenue, Ottawa, offers a restored front porch that adds to the charm of this multi-family home. The upgraded parking area accommodates up to five vehicles, with additional driveway space available, making it convenient for tenants and their guests. Although there is no pool or central vacuum system, the property compensates with a shared patio area and dedicated storage, enhancing the overall living experience for its occupants.

With a total of 21 rooms, this Multi-Family Home for sale in Ottawa is designed for both functionality and comfort. The building features a basement apartment, providing even more living space or potential rental income. The radiant heating system ensures a warm and inviting atmosphere during the colder months, while the municipal water and sewer services add to the convenience of living in this well-maintained property.

Tenants at 22 Delaware Avenue, Ottawa, enjoy modern, well-maintained units in one of Ottawa's most walkable and desirable locations. The presence of excellent long-term tenants and low maintenance requirements make this property a true turn-key asset, offering stable cash flow and significant future growth potential. Whether you choose to live in one unit and rent out the others or add a premium property to your investment portfolio, this Multi-Family Home for sale in Ottawa presents a rare opportunity in one of the city’s best rental markets.

The dimensions of the lot are 41 by 90 feet, providing ample outdoor space without compromising on the building's footprint. While the property does not feature a family room, the layout of the units ensures that there is plenty of space for relaxation and socialising. Furthermore, the property is unfurnished, allowing new owners or tenants to personalise their living spaces to their taste.

In summary, 22 Delaware Avenue, Ottawa, is a remarkable Multi-Family Home for sale in Ottawa that combines modern living with an enviable location. Its extensive renovations, desirable features, and strong rental potential make it a standout choice for both investors and homebuyers alike. Don't miss out on this exceptional opportunity to own a fully renovated multi-unit property in one of Ottawa's most sought-after areas. Whether you are looking to invest or find a place to call home, this property is sure to meet your needs and exceed your expectations.

The 4104 community, encompassing the Ottawa Centre and Golden Triangle areas, is a vibrant and picturesque part of the city of Ottawa, renowned for its charming blend of urban convenience and natural beauty. Nestled along the banks of the Rideau Canal, this neighbourhood boasts an array of historic architecture, leafy streets, and a welcoming atmosphere. Residents enjoy easy access to a variety of amenities, including trendy cafes, boutique shops, and cultural attractions such as the National Arts Centre and the Canadian Museum of Nature. With its proximity to downtown Ottawa, excellent public transport links, and abundant green spaces, including the scenic canal pathways, the 4104 community offers an ideal setting for those seeking a lively yet serene urban lifestyle.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within a short distance of 0.6 km, you'll find Lady Evelyn Alternative School, a highly-rated public elementary school offering grades JK to 6, and Lisgar Collegiate Institute, a secondary school with a commendable rating of 7.9, also just 0.6 km away. Elgin Street Public School, another elementary option, is only 0.5 km from the property and offers a French language curriculum with a solid rating of 7.5. For those seeking French immersion, Hopewell Avenue Public School is located 2.5 km away and boasts an impressive rating of 9. Additionally, Glashan Public School, situated 1.0 km away, serves grades 7 to 8, although it currently holds a lower rating. For Catholic education, Corpus Christi School is 1.7 km away, and Immaculata High School is 0.7 km away, both providing quality education in English. Overall, the proximity to a variety of well-rated schools enhances the appeal of this property for potential buyers looking for a family-friendly neighborhood.