1549 Maxime Street, Ottawa

  • Living area: 10539 square feet
  • Added: 2 days ago
  • Updated: 2 days ago
  • Last Checked: 1 day ago
  • Listed by: REAL BROKER ONTARIO LTD.
  • View All Photos

Listing description
This Other at 1549 Maxime Street Ottawa, ON with the MLS Number x12378118 listed by Akash Sharma - REAL BROKER ONTARIO LTD. on the Ottawa market 2 days ago at $2,495,000.

Outstanding Multi-Family Investment with Income & Future Potential. Located in Ottawas east end, this well-maintained 6-unit apartment building offers both stable rental income and exciting long-term growth opportunities. Sitting on a generously sized 0.24-acre lot (~80 ft frontage x ~132 ft depth), the property combines strong cash flow with excellent redevelopment potential. Currently fully occupied, the building generates over $9,600 in monthly rental income (~$116,000 annual), making it an attractive turnkey investment from day one. The unit mix is highly rentable and diverse: three 2-bedroom units, two 1-bedroom units, and one bachelor apartment. Recent improvements include a new 50-year roof installed in 2018 and modern renovations in several units, reducing future maintenance concerns and enhancing tenant appeal. The property is zoned R1WW[637], unlocking possibilities for future development while maintaining immediate income stability. The location is a major asset- just minutes from Highway 417, Blair and Cyrville LRT stations, shopping centres, restaurants, and everyday conveniences. Tenants benefit from excellent connectivity, while investors gain peace of mind knowing the property is situated in a desirable and growing area. Whether you are looking to expand your multi-family portfolio, secure a reliable cash-flowing property, or position yourself for redevelopment in the future, this building checks all the boxes. A rare opportunity to invest in a strong-performing asset with both present income and future upside. (id:1945)
Property Details Key information about 1549 Maxime Street
  • Heating: Baseboard heaters
  • Structure Type: Multi-Family
Exterior & Lot Features Learn about the exterior and lot specifics of 1549 Maxime Street
  • Water Source: Municipal water
  • Lot Size Dimensions: 79.9 x 131.93 FT ; 0
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Nearby Listings Stat Estimated price and comparable properties near 1549 Maxime Street

Active listings
181
Min Price
$2,200
Max Price
$2,700,000
Avg Price
$578,392
Days on Market
52 days
Sold listings
63
Min Sold Price
$210,000
Max Sold Price
$1,299,900
Avg Sold Price
$483,056
Days until Sold
49 days

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Price History

September 3, 2025
by REAL BROKER ONTARIO LTD.
$2,495,000
1549 Maxime Street
More Details?
Akash Sharma