229 Charlotte Street

Nestled in the heart of the vibrant Sandy Hill community, this impressive Multi-Family Home for sale in Ottawa at 229 Charlotte Street, Ottawa, is an exceptional opportunity for investors or those seeking a spacious living arrangement. This well-maintained legal triplex boasts a prime location, making it particularly appealing for University of Ottawa students and professionals alike. With meticulous care and thoughtful updates, this property has maintained full occupancy for over six years, highlighting its desirability in the rental market.

The building, a charming 3-storey multiplex constructed with a combination of brick and vinyl siding, features a total of 10 bedrooms and 4 bathrooms, making it ideal for larger families or groups. Each unit has its own unique charm and functionality. Unit 1, located on the ground floor, offers 3 bedrooms and 1 bathroom, characterised by soaring ceilings that create an airy atmosphere. Residents can enjoy direct access to the beautifully landscaped backyard, perfect for relaxing or entertaining during warmer months.

Moving up to Unit 2, you will find another 3-bedroom, 1-bathroom layout, which is enhanced by stunning hardwood flooring that runs throughout. This unit is flooded with natural light, creating a warm and inviting environment. Lastly, Unit 3 is a spacious two-storey suite that features 4 bedrooms and 2 full bathrooms, providing ample space for larger groups or families seeking comfort and convenience.

One of the standout features of this Multi-Family Home for sale in Ottawa is the ample storage space available throughout the property, as well as shared laundry facilities conveniently located in the unfinished full basement. The basement also presents an exciting opportunity for potential expansion, with the possibility of creating a fourth unit, adding even more value to this already remarkable property.

The outdoor space is equally impressive, with a private, fully fenced, landscaped backyard that offers a serene escape from the hustle and bustle of city life. Although there is no pool or garage space, the property does include a lane driveway with parking space for one vehicle, ensuring convenience for residents and guests alike.

Comfort and safety are paramount in this Multi-Family Home for sale in Ottawa, which underwent fire retrofitting in 2019. The property has also benefited from a new furnace and central air conditioning system installed in 2023, ensuring that all occupants enjoy a comfortable living environment throughout the year.

Situated at 229 Charlotte Street, Ottawa, this property is ideally located near a wealth of amenities and attractions. Residents will appreciate the close proximity to the University of Ottawa, the bustling Rideau Centre, and the picturesque Rideau River. Strathcona Park, the National Gallery, Lowertown, and the lively ByWard Market are all just a stone's throw away, providing endless opportunities for leisure and recreation.

In summary, this Multi-Family Home for sale in Ottawa represents a rare opportunity to acquire a strong asset in one of the most desirable rental pockets in the city. With its prime location, spacious living arrangements, and potential for further development, 229 Charlotte Street, Ottawa, is a property that should not be missed. Whether you are looking to invest or find a spacious home, this triplex has everything you need to thrive in the vibrant community of Sandy Hill. Don't miss your chance to explore this exceptional property!

Sandy Hill, located in the heart of Ottawa, is a charming and vibrant neighbourhood renowned for its historic architecture and lush green spaces. Nestled just east of the downtown core, it boasts a diverse mix of residents, including students, professionals, and families, creating a lively atmosphere. The area is home to several cultural institutions, parks, and the picturesque Rideau River, making it an ideal spot for outdoor enthusiasts. With its close proximity to the University of Ottawa, numerous cafes, and boutique shops, Sandy Hill offers a unique blend of urban convenience and a welcoming community spirit, making it an attractive choice for anyone looking to settle in the capital.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an excellent choice for families. The closest is York Street Public School, an English-language elementary school just 0.6 km away, offering grades JK to 6 and boasting a school rating of 5.2. For slightly older children, Lisgar Collegiate Institute, a secondary school with a strong rating of 7.9, is located 1.5 km from the property. Other nearby elementary schools include Queen Elizabeth Public School (2.6 km, rating 3.9) and Elgin Street Public School (2.1 km, rating 7.5), which offers a French-language program. Hopewell Avenue Public School, known for its high rating of 9, is 4.2 km away and also provides French-language education for grades JK to 8. Additionally, Assumption School, a Catholic elementary school 1.2 km away, has a rating of 5, while Immaculata High School, a Catholic secondary school at 2.4 km, has a rating of 5.8. With a variety of educational options in close proximity, this location is ideal for families seeking quality education for their children.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 538 residents, with an average household size of 1.9 individuals. The demographic profile indicates a relatively young community, with an average age of 37 years. The average household income is notably high at $152,000, although 17.6% of the population falls into the low-income category. The real estate market reflects this affluence, with an average property price of $780,000. A significant portion of the population, 63.27%, is single, while 35% of households include children, suggesting a mix of family structures. The area is also characterized by a diverse demographic, with 28.85% of residents being immigrants. The rental market is robust, with 74.55% of residents renting their homes, and condos make up 12.73% of the housing stock. Education levels are high, with 75% of the population holding a college or university degree. However, it is noteworthy that 31.52% of the population is not in the labor force, which may reflect various socio-economic factors. Overall, this community presents a blend of affluence, diversity, and educational attainment, making it an attractive area for potential residents.