See all 7 photos

$1,020,000

Est. payment - /mo

8 Beds

4 Baths

New

184 Murray ST Lower Town - Sandy Hill, ON K1N 5M8

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Kenneth Yim

ken@broadviewavenue.ca +1(647) 496-2269

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Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500-3000

Subdivision 4001 - Lower Town/Byward Market

MLS Listing ID X12674878

Style 3-Storey

Bedrooms 8

Annual Tax Amount $12,777

Tax Year 2025

Property Sub-Type Fourplex

Property Description

Welcome to 184 Murray Street a rare, fully renovated freehold fourplex located just steps from the pulse of Ottawa's historic Lower Town and the ever-bustling Byward Market. This cash-flow-ready property offers a unique opportunity for savvy investors to secure a premium asset in one of the city's most dynamic and desirable urban hubs. With a projected 4.75% cap rate, this building is primed to deliver both immediate returns and long-term value. This exceptional property includes four vacant, fully renovated units: two generously sized 3-bedroom apartments and two stylish 1-bedroom units a total of 8 bedrooms. Whether you aim to attract top-quality tenants at todays strong market rents or explore the lucrative potential of short-term rentals (Airbnb), this investment gives you full flexibility. Furnishings are optional the seller is open to including all furniture, streamlining the setup for Airbnb or executive rentals. Extensive, high-quality renovations have been completed throughout the property. All units feature brand-new ductless A/C and heating systems, new flooring in three units (tile and durable laminate), four fully updated kitchens with new plumbing and appliances, and four modern bathrooms with new water and drain lines. Additional upgrades include a new laundry room, modern LED lighting, all new interior doors, casings, and fresh paint throughout. Safety and efficiency are top-tier with fire-rated doors, interconnected smoke/strobe detectors, and a new 400-amp hydro service with 5 separate meters. Foundation wrap on the east and south sides will be completed next week. The property also includes four private parking spots (approx. $150/month each), adding up to an extra $600/month. Close to transit, shopping, restaurants, and the University of Ottawa, this property offers enduring appeal and strong rental growth. Photos shown are of Unit 4 (1 Bed, 1 Bath).

Location

Province ON

County Ottawa

Area Ottawa

Zoning Residential R4

Rooms

Basement None

Kitchen 4

Interior

Interior Features None

Cooling Wall Unit(s)

Inclusions Fridge x 4, Oven x 4, Dishwasher x 4, microwave x 4, 1 set of washer & dryer

Exterior

Parking Features None

Pool None

Roof Type Flat,Tar and Gravel

Total Parking Spaces 7

Building

Foundation Poured Concrete

Others

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Lited by EXP REALTY

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Kenneth Yim

Broker of Record | License ID: 9524831

+1(647) 496-2269

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