$1,074,900
46 JAMES STREET
Beds
6
Baths
5
Sqft
—
Year
—
Type
Multi-family
Suite
Suite potential
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Ottawa. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
An investment property you would be proud to own. Welcome to 46 James Street, ideally situated in the heart of Ottawa. This property presents a compelling blend of character, functionality, and location, making it a sound addition to an investment portfolio.The building features well-maintained rental units that have demonstrated consistent performance. In 2025, the property generated gross rental income of $83,447.64. Total operating expenses for the same period amounted to $23,761.80, inclusive of insurance, property taxes, utilities, repairs and maintenance, management, and bank fees. This results in a net operating income of $59,685.84, reflecting stable and reliable cash flow based on actual historical figures.The property is located within an established urban neighbourhood with convenient access to public transit routes, nearby shopping and services, parks, and downtown Ottawa amenities. Its central location supports ongoing rental demand and aligns with the City of Ottawa's focus on intensification and walkable communities.This offering represents a well-balanced opportunity for investors seeking proven income, manageable operating costs, and a centrally located asset within the Ottawa market, suitable for both experienced investors and those looking to expand their holdings with a property backed by real performance data. (id:65958)
- Subtype
- Multi-family
- Structure
- Other
- Community
- 4103 - Ottawa Centre
- Lot dimensions
- 33.3 x 109 FT
- Bedrooms
- 6 above grade
- Parking
- 3 total
- Stories
- 2.5
- On market
- Jan 28, 2026
- Status changed
- Apr 24, 2026
- Annual tax
- $8,688.06
- Photos
- 42
- MLS#
- X12735442
- Area
- OTTAWA
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Foundation
Cash on cash
-6.51%
Cap rate
3.56%
GRM
16.7
Break-even rent
$6,604
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.