Ottawa, ON
438 Lewis Street
$1,150,000
Data last updated Oct 30, 2026, 10:20 a.m. ET. By using this site you agree to our Terms of Use.
Property facts
- Price
- $1,150,000
- Type
- multiplex
- Bedrooms
- 5
- Bathrooms
- 5
- MLS®
- X13773320
- Status
- active
- Brokerage
- SUTTON GROUP - OTTAWA REALTY
About this home
Turnkey five-unit apartment building in Centretown offering immediate income and longer-term development potential. Over 300k in capital improvements over the last 10 years.The property is fully occupied and consists of three one-bedroom apartments and two bachelor units, with annual gross income of just over $79,000. The property may qualify for attractive CMHC MLI Select financing. Tenants pay their own hydro, while the landlord pays for heat and water. Additional income may be available from the on-site parking. The property sits on a 33' 99' lot and may be assembled with adjoining properties to create a development site of approximately 13,000 square feet. This property has a Walk Score of 100/100! Ideally located within walking distance of downtown, public transit, restaurants, shops and other amenities. A strong opportunity to acquire a stabilized income property with financing, rental and redevelopment upside.
Location
More details
- Property tax
- $7,817 (2026)
- Days on market
- 50
- Style
- 2-Storey
- Lot
- 33.1 × 99 Feet
- Parking
- 3 spaces · None
- Basement
- Crawl Space
- Heating
- Baseboard
- Air conditioning
- None
- Neighbourhood
- Ottawa Centre
- Major intersection
- Lewis St & O'Connor
Details from PropTx (TRREB MLS®) via Repliers. Information deemed reliable but not guaranteed.