REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 5,050,000
Est. payment | /mo
21,500 SqFt
$ 5,050,000
Est. payment | /mo
21,500 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 21,500 sqft
Price per Sqft $234
Subdivision 3403 - Vanier
MLS Listing ID X12212502
Annual Tax Amount $35,100
Tax Year 2025
Property Sub-Type Investment
Property Description
An exceptional opportunity to acquire a well-performing multi-family asset in one of Ottawa easts most desirable neighbourhoods. 5 Wolff Street features two low-rise multi-family buildings comprising a total of sixteen fully leased units, complemented by an on-site parking lot. This is a turnkey investment offering immediate, stable cash flow with strong potential for future rental growth and value appreciation. The excess land additionally provides Buyers with the opportunity to increase the density on the site through redevelopment. Tucked away on a quiet, tree-lined street, the property is ideally located just minutes from major transit corridors and public transportation, providing seamless access to the downtown core. The surrounding area is rich with amenities, including nearby schools, public parks, and scenic walking and cycling paths along the Rideau River. Residents also enjoy being steps from the Rideau Sports Centre and Real Canadian Superstore, enhancing the everyday convenience of the location. This neighbourhood is highly attractive to students, young professionals, and families alike - those seeking a relaxed, community-oriented setting with generous green space and easy access to urban essentials. 5 Wolff Street presents a rare blend of location, livability, and investment strength in Ottawa's multi-residential market.
Location
Province ON
County Ottawa
Community 3403 - Vanier
Area Ottawa
Interior
Cooling No
Exterior
Utilities Available Yes
Lot Frontage 108.66
Lot Depth 106.0
Others
Security Features No
Listed by DISTRICT REALTY CORPORATION
"My job is to deliver more results for you when you are buying or selling your property! "