For Sale

186 James Street, Ottawa Centre, Ontario K1R 5M7

$3,195,000

186 James Street, Ottawa Centre, Ontario K1R 5M7 is For Sale and has a listing price of 3,195,000. The property is located in the Ottawa Centre . It's been on the website for 5 Days.

  • Investment
    Property Type
  • MLS ID: X12542896
  • Office Name DISTRICT REALTY CORPORATION
Property Description

Discover a beautifully restored 11-unit multi-family building ideally situated in the heart of Ottawa. This fully modernized property presents a turn-key investment with strong tenant appeal and minimal ongoing capital requirements. Each suite showcases thoughtful design and durable finishes, blending heritage charm with modern functionality – a rare balance that ensures lasting desirability and consistent rental demand. In 2015, the building underwent significant upgrades, including a new boiler, a replaced roof, and the addition of air conditioning and a common laundry room. Two on-site parking spaces further enhance its appeal in this central urban setting. Positioned within walking distance of grocery stores, restaurants, nightlife, Chinatown, and the Elgin Street corridor – and minutes from Highway 417 – this property benefits from exceptional accessibility and strong location fundamentals. With its combination of historic character, quality upgrades, and steady income potential, 186 James Street represents a secure, long-term addition to any investor’s multi-residential portfolio.

Property Details
  • MLS ID: X12542896
  • Price: $3,195,000
  • Lot Depth: 109
  • Transaction Types: For Sale
  • Ref ID: X12542896
  • Year Built: N/A
  • Dir / Cross St: Bay Street
  • Status: Active
  • Tax Year: 2025
  • Property Type: Investment
  • Property Type: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
11/13/2025 X12542896 $3,195,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Ottawa Centre
  • $733,127 Average List Price
    based on 1 year
  • 150 New Listings
    based on 30 days
  • 45 Median Days on Market
    based on 1 year
  • List vs. Selling Price 80.52 % Up
  • Sold (12mo) 162
  • Rented (12mo) 176

  • 1 Month Change +110.9%
  • 3 Month Change -
  • 6 Month Change -10.1%
Walkscore
Additional Details
  • Heat Type Gas Hot Water
  • Garage Type Y
  • Parking Spaces: 3
  • Taxes: $15,965
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Fully rented
  • Listing Entry Date: 13/11/2025 21:01:05
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