$ 1,179,900

213 Desrosiers Street, Ottawa

Purpose-built FOURPLEX on a 66' x 99' lot with N4B H zoning (formerly R4UD). This property offers both strong in-place income and excellent future development potential. This well-maintained property features four fully occupied residential units - two one-bedroom and two two-bedroom suites-plus a separately rented garage/warehouse currently used for storage, with flexibility for alternative uses such as a studio, loft-style space, or traditional parking. The building provides multiple income streams and tenant-friendly amenities, including designated parking for all tenants, storage lockers, coin-operated laundry, a utility room, and a convenient common powder room, for an annual total income of $90,600.00 (Cap rate of 5.5%). Outdoor spaces include an upper deck and a private front garden patio with lattice screening, reflecting pride of ownership throughout this long-held asset. Key updates include thermopane windows (2006 with some windows also replaced within last 5 years), flat roof (2006, with metal roof on garage), fire retrofit (2010), and an owned boiler with water storage tank (2015). The property is fully upgraded with a 100 AMP breaker panel, additional fuse panel, and no knob-and-tube wiring. Offering an ideal location at the corner of Vanier Parkway and Montreal Road, tenants love to be centrally located just steps from downtown Ottawa. The property offers easy access to shopping, transit, schools, parks, and recreational amenities, making it highly attractive to tenants. The downtown core is easily reachable by foot, bike, car, or public transit. INCLUDES: 4 fridges, 4 stoves, 2 hood fans, 1 microwave/hood fan, 1 dishwasher, 1 coin-operated washer, 1 coin-operated dryer, owned boiler, and 6 hydro meters. Note: 48-hour irrevocable required on all offers. (id:1945)
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Property details for 213 Desrosiers Street, Ottawa

Type
Multi-family
Bedrooms
6
Bathrooms
5
Lot Size
66 x 99 FT
Stories
2
Basement
None
Parking
Detached Garage, Garage
Heating
Radiant heat, Natural gas
Cooling
None
Exterior
Stucco
Annual Taxes
$5,988

Nearby Listings Stat

Estimated price and comparable properties near 213 Desrosiers Street

Active Listings
2
Min Price
$1,179,900
Max Price
$2,100,000
Avg Price
$1,639,950
Days on Market
36
days
Sold Listings
2
Min Sold Price
$1,100,000
Max Sold Price
$2,799,000
Avg Sold Price
$1,949,500
Days until Sold
274
days

Neighbourhood Census Data

Ottawa, Ontario

Population
359
Median Age
37.6
Median Income
$24,512
Dwelling Value
$350,085

Housing Tenure

Owners 18%
Renters 82%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 1.8
Pop. Density: 5,121.3/km²
Avg Shelter Cost: $1,382/mo
Owners with Mortgage: 75%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 54.3%
English only: 43.1%
French only: 6.9%
English and French: 51.4%
Neither: 1.4%
Median Household Income: $39,552
Median Employment Income: $24,832

Price History

Listed
September 3, 2026
by ROYAL LEPAGE TEAM REALTY
Current Price
$1,179,900
-1.7% from last change
Type
Multi-family
For Sale
Price Changes
2
Date Price Change
Current $1,179,900 $20,000 (-1.7%)
Oct 14, 2026 $1,199,900 $50,000 (-4%)
Sep 9, 2026 $1,249,900 Listed

Contact Agent Get in touch about 213 Desrosiers Street, Ottawa

Lorne Scott
ROYAL LEPAGE TEAM REALTY