59 CONCORD STREET N, Ottawa
Welcome to 59 Concord Street - a rare opportunity to acquire a purpose-built fourplex in the heart of Sandy Hill, steps to the University of Ottawa and the Rideau Canal. Built in 2016, this Class A, fully stabilized asset sits in one of Ottawa's strongest and most consistent rental corridors.The property consists of four identical 4-bedroom, 2-bathroom units, purpose-designed to maximize rental income and tenant demand. Each suite features dark hardwood flooring, durable tile and vinyl surfaces, and open-concept layouts filled with natural light. Contemporary kitchens showcase two-toned cabinetry, granite countertops, stainless steel appliances, and oversized center islands with breakfast bars overlooking spacious living and dining areas.Every unit is equipped with in-suite laundry, independent HVAC systems (furnace and A/C), tankless hot water tanks, video intercom entry, fob access, and enhanced soundproofing between units - a premium feature that reduces turnover and increases tenant satisfaction. The building also offers secure keypad entry and 24/7 video surveillance, reinforcing safety and long-term tenant appeal.Four identical units. Units come fully furnished. Offered all inclusive, water, gas, hydro. Fully tenanted. The turnkey nature of this asset ensures minimal operational complexity and strong tenant retention.Located within walking distance to the ByWard Market, Parliament Hill, and major transit routes, this is a high-demand micro-location with consistent rental performance driven by proximity to the University of Ottawa and downtown employment hubs.Strong financial profile with an NOI of $105,500.30 at a 4.8% cap rate. A clean, modern, income-producing asset built right, positioned right, and engineered for long-term performance - an exceptional addition to any serious investor's portfolio. (id:25961)
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Rooms
| Level | Type | Dimensions |
|---|---|---|
| Main Level | Kitchen | 3.65 m x 3.04 m |
| Main Level | Living Room | 2.43 m x 3.04 m |
| Main Level | Bedroom | 3.65 m x 3.04 m |
| Main Level | Bedroom 2 | 3.65 m x 3.04 m |
| Main Level | Bedroom 3 | 3.65 m x 3.04 m |
| Main Level | Bedroom 4 | 3.65 m x 3.04 m |
| Main Level | Laundry Room | Measurements not available |
Details
- Transaction: For sale
Building
- Appliances: Water Heater, Dishwasher, Dryer, Furniture, Hood Fan, Microwave, Stove, Washer, Refrigerator
- BasementType: N/A
- Basement Features: Apartment in basement
- Bedrooms Main Level: 12
- Bedrooms Lower Level: 4
- Cooling: Central air conditioning
- Exterior Finish: Brick
- Fireplace Present: False
- Foundation: Poured Concrete
- Bathrooms (Total): 8
- Heating: Forced air
- Heating Fuel: Natural gas
- Size Interior: 3500 - 5000 sqft
- Stories Total: 3
- Type: Fourplex
- Utility Water: Municipal water
Land
- Sewer: Sanitary sewer
- Size Depth: 99 ft
- Size Frontage: 33 ft
- Size Irregular: 33 x 99 FT
This property for sale is located at 59 CONCORD STREET N in Ottawa. It was last modified on April 28th 2026. Let us connect you with one of our real estate agents to schedule a viewing or to discover other Ottawa homes for sale.
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