468 Besserer Street
4003 - Sandy Hill, Lower Town - Sandy Hill, K1N 6C3
FOR SALE
$1,525,000

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6
BEDROOMS5
BATHROOMS4
KITCHENS13
ROOMSX12753630
MLSIDContact Us
Property Description
Four Units in a Stunning 7-unit TURN KEY Investment property in the heart of Sandy Hill! Each unit has been taken back to the studs & completely renovated while keeping the rare heritage touches. Gorgeous brick accent walls, magazine worthy kitchen renovations, in-suite laundry & dishwashers in all units- quality & style united! No detail was overlooked & No expense was spared. Current NOI of $78,442. 4 parking spots for your tenants or for future extra income. Beyond the stylish interior, the exterior is also completely updated using high quality materials & finishes. Each unit was restored to current ESA & OBC codes. City of Ottawa Building permit & ESA permit available. Ideally located for urban professionals, students, or those who seek the lifestyle of being able to walk everywhere. See attached information sheet for financials & property details. Next door is also listed for a total of 7 units with legal severance for easy financing.
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Property Features
Other
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Property Details
Address
468 Besserer Street
Community
Postal Code
K1N 6C3
Property Type
Fourplex, Fourplex
Zoning
R4UD
Lot Size
28' x 99'
Taxes
$9,179 (2025
Basement
Full, Finished
Heat Type
Heat Pump
Heat Source
Other
Water
Municipal
Garage Type
None
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Listing contracted with Royal Lepage Integrity Realty
Investors, this is an exceptional opportunity. This fully renovated fourplex is situated in the heart of downtown Ottawa, offering a high walk score and unparalleled access to Sussex Drive, the Byward Market, the Ottawa River/Canal, and the Rideau Centre. Residents will enjoy immediate proximity to restaurants, shopping, public transit, and essential amenities. This turnkey property is a strong income-generating asset in a high-demand rental market, featuring three fully occupied units and one lucrative Airbnb unit - two two-bedroom and two one-bedroom apartments. Each unit has been thoughtfully upgraded with contemporary kitchens, stainless steel appliances, spacious living areas, and modern full bathrooms, designed for comfortable urban living. An added advantage is the on-site parking at the rear of the building, a highly sought-after feature in this desirable downtown location. This turnkey fourplex is a high-performing income-generating property, bringing in $8,355 to $10,500/month ($100,266 to $126,000/year) depending on seasonal demand, with low expenses making it a fantastic investment opportunity in a prime location. With the added flexibility of creative financing options, including VTB possibilities, this is a rare opportunity to secure a truly unique property. Don't miss your chance - schedule a private showing today!
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Prime, turnkey fourplex in the heart of Sandy Hill with strong cash flow and future upside. Welcome to 339 Chapel Street, a beautifully maintained, tenanted income property in one of Ottawa's most popular rental neighborhoods, steps to the University of Ottawa, transit, parks, the Rideau River, and minutes to downtown. This solid asset is comprised of three (3) well designed 2-bedroom units plus one (1) exceptionally spacious 1 bedroom unit. Tenants enjoy separate hydro meters, in-unit laundry, updated finishes, and functional layouts that consistently attract quality renters.2025 gross income: $98,611 approx, delivering an estimated NOI of $70,205 with room for rent optimization over time. Recent improvements provide peace of mind and long-term durability, including windows and metal roof (2021), plus modernized kitchens and bathrooms, updated flooring, and refreshed decks, porches, exterior entryways. The building also features an on-demand tankless hot water system (rental).Extra value add features set this property apart: a sauna in the second floor unit, a large rear deck, second floor balcony, private backyard, and four (4) on-site parking spaces with potential for added revenue. Three of the four units are furnished and most furnishings are included in the sale (excluding the basement unit furnishings).A rare opportunity to acquire a stress free, well maintained multifamily asset in an A+ location, ideal for investors seeking stable income today with meaningful upside tomorrow.
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