Button CopyPathCircle CloseCircle Left ArrowArrow Down Icon GreyClosecirclecircleBurger
Français

Your personal VOWS Listing Portal is provided by Royal LePage Real Estate Services, Brokerage

  • Advertising

253-259 YORK STREET, Ottawa, Ontario, K1N 5T9

MLS® # 1391163
Investment For Sale In Lowertown, Ottawa, Ontario
$17,950,000 QuickQuoteTM: Not Available
253-259 York Street, Ottawa, ON - Outdoor With Facade
253-259 York Street, Ottawa, ON - Outdoor
253-259 York Street, Ottawa, ON -
253-259 York Street, Ottawa, ON - Indoor Photo Showing Kitchen
253-259 York Street, Ottawa, ON - Indoor Photo Showing Bedroom
253-259 York Street, Ottawa, ON - Indoor Photo Showing Bathroom
253-259 York Street, Ottawa, ON - With Exterior
253-259 York Street, Ottawa, ON - Indoor
253-259 York Street, Ottawa, ON - Indoor Photo Showing Kitchen
253-259 York Street, Ottawa, ON - Indoor Photo Showing Bedroom
253-259 York Street, Ottawa, ON - Indoor Photo Showing Bathroom
253-259 York Street, Ottawa, ON - Outdoor With Facade
253-259 York Street, Ottawa, ON - Outdoor
253-259 York Street, Ottawa, ON -
253-259 York Street, Ottawa, ON - Indoor Photo Showing Kitchen
253-259 York Street, Ottawa, ON - Indoor Photo Showing Bedroom
253-259 York Street, Ottawa, ON - Indoor Photo Showing Bathroom
253-259 York Street, Ottawa, ON - With Exterior
253-259 York Street, Ottawa, ON - Indoor
253-259 York Street, Ottawa, ON - Indoor Photo Showing Kitchen
253-259 York Street, Ottawa, ON - Indoor Photo Showing Bedroom
253-259 York Street, Ottawa, ON - Indoor Photo Showing Bathroom
  • Advertising
Home Insurance - TD Insurance
Get a home insurance quote online for this $17,950,000 property in Ottawa
Provided by TD Insurance

Home Insurance - TD Insurance

Get a home insurance quote online for this $17,950,000 property in Ottawa

Provided by TD Insurance
Advertisement
ACTIVE
253-259 YORK STREET, Ottawa, Ontario, K1N 5T9
$17,950,000

Property Information:

Discover opportunity with this 38-unit (37-res, 1-comm) portfolio that offers tremendous upside: 16-unit development ready with site plan and zoning approval, 14 vacant suites ready for renovation and further units turning over Sep’24. Projected NOI $831,303 with significant room to grow with future development. Drive increased revenue through immediate renovations to 14 strategically vacant units ready for your vision. An additional 14 units are slated for turnover in September 2024 which. Necessary approvals obtained, you are ready to add 16 units, including 2 two bedroom and 14 studio suites. With a diverse unit mix, high demand location, and clear pathways for value enhancement, this portfolio promises stable cash flow and substantial returns. The complete vision of York and Nelson is yours to create. Development documents available upon request. All units have individual hydro meters. Financials and full building tour available upon conditional sale. (id:27)

Building Features:

  • Style: Multiplex
  • Exterior Finish: Vinyl
  • Foundation Type: Block
  • Heating Type: Hot water radiator heat, Radiant heat
  • Heating Fuel: Natural gas
  • Cooling Type: Unknown

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Irregular: Yes
  • Lot Frontage: 132.1 Feet
  • Lot Size: 132.06 ft X * ft (Irregular Lot)
  • Zoning: R4UD[2923]-c
  • Sewer: Municipal sewage system
  • No. of Parking Spaces: 8

Courtesy of: SLEEPWELL REALTY GROUP LTD

REALTOR.ca  

More Detail
Less Detail

Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 253-259 YORK STREET, Ottawa, Ontario, K1N 5T9

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

31 hot days expected in 2050

Projected Storm Risk: Very High

14 storms expected in 2050

Projected Heat Risk: High

31 hot days expected in 2050

48/100

High

ClimateCheck®

Current data

This property, 253-259 YORK STREET , experiences 7 hot days per year at around 31.2 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 31 hot days at 34.7 degrees Celsius.

Projected Avg. Temperature

Past
31.2℃
2050
34.7℃

# Hot Days Per Year

Past
7
2050
31

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk:

14 storms expected in 2050

64/100

ClimateCheck®

Current data

This property, 253-259 YORK STREET , experiences 11 significant 2-day storms per year, with about 319.7mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 409.6mm of precipitation per year.

Precipitation Per Storm

Past
319.7mm
2050
409.6mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

More Detail
Less Detail

Demographic Information of 253-259 YORK STREET, Ottawa, Ontario, K1N 5T9

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$114,755.76

Average Number of Children

1.57

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

8.29 %

High school certificate or equivalent

21.47 %

Apprenticeship trade certificate/diploma

2.38 %

College/non-university certificate

17.53 %

University certificate (below bachelor)

3.07 %

University Degree

47.26 %

Commuter

Travel To Work

By Car

35.26 %

By Public Transit

18.69 %

By Walking

38.53 %

By Bicycle

0.34 %

By Other Methods

7.18 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

81.98 %

Houses

18.02 %

Own Vs. Rent

More Detail
Less Detail
Back to top