204 Boteler Street Ottawa, Ontario K1N 5A7

$1,999,900

Prime investment opportunity! Rarely offered corner-lot property located in the heart of Ottawas prestigious Lowertown, just steps from numerous embassies, green parks, the Rideau River - you just cant beat this location. This solidly built 24-unit commercial brick building will be delivered VACANT upon closing, offering unmatched flexibility for your exclusive vision. There are 22 studio rooms (without kitchens) that are each composed of a spacious bedroom area and each with their own private, full bathroom! Plus, two rooms on the ground level that have been converted into a classroom and conference room. With eight units per floor, there is plenty of room here! The lower level adds a commercial kitchen, laundry room (coin operated), mechanical room, cafeteria, storage and a TV room. With a turn-key structure, site plan and floor plan available, and unit sizes averaging 22 x 15, this property presents endless possibilities. From a retirement or assisted living residence, micro-apartment conversion, or student housing complex, to corporate/NGO accommodations, boutique hostel, or co-living community, the redevelopment potential is immense for those who can think outside the box.Whether you're an experienced developer or first-time commercial investor, this is an exceptional opportunity to secure a high-profile asset in one of Ottawas most strategic locations. You wont want to miss this one - come fall in love today! (id:43934)

Business

Business Type	Residential
Business Sub Type	Apartments

Property Details

MLS® Number	X12345143
Property Type	Multi-family
Neigbourhood	Lower Town
Community Name	4001 - Lower Town/Byward Market
Amenities Near By	Highway, Public Transit
Features	Irregular Lot Size
Parking Space Total	10

Building

Bathroom Total	22
Cooling Type	Fully Air Conditioned
Heating Type	Baseboard Heaters
Size Exterior	19596 Sqft
Size Interior	19,596 Ft2
Type	Multi-family
Utility Water	Municipal Water

Land

Acreage	No
Land Amenities	Highway, Public Transit
Size Depth	99 Ft ,9 In
Size Frontage	122 Ft ,3 In
Size Irregular	Bldg=122.27 X 99.76 Ft
Size Total Text	Bldg=122.27 X 99.76 Ft
Zoning Description	N4b/r4p

https://www.realtor.ca/real-estate/28734413/204-boteler-street-ottawa-4001-lower-townbyward-market