Tej Thakor Broker of Record / Owner 647-684-1731
For Sale
MLS®# X13124998

118 Rochester Street, West Centre Town, ON K1R 7M1

West Centre Town, ON K1R 7M1

$1,899,999 Est. $8,070/mo · 20% down, 25-yr, 4.09%
33 × 108 ftLot
InvestmentType

About this property

Recently fully Renovated property 118 Rochester Street presents an excellent opportunity to acquire a well-maintained purpose-built sixplex in the heart of Ottawa's sought-after West Centretown/Chinatown neighbourhood. Ideally located within walking distance to Little Italy, Bayview Station, transit, restaurants, shops, and numerous amenities, this property offers both stable in-place income and significant long-term upside potential.The building consists of six spacious two-bedroom units with functional layouts, many featuring hardwood flooring, large windows, and excellent natural light throughout. Each unit benefits from private outdoor space, including front balconies and rear decks. Separately metered hydro allows tenants to pay their own electricity, helping reduce operating expenses. The property also features a large shared laundry area and individual tenant storage lockers in the basement.Mechanically, the building has been well maintained with a gas-fired radiant heating system serviced by a newer boiler (2015). Recently Renovated - Major updates to roof, windows, plumbing, and electrical improvements completed. Fire retrofit documentation is on file. A new rear staircase/fire escape has recently been constructed, with minor remaining work associated with completion of a firewall as required through a granted minor variance.The property offers considerable rental upside through future turnover and operational optimization, presenting investors with a strong opportunity to increase NOI and overall asset value over time. Historically low vacancy in this highly desirable rental pocket further supports the long-term stability of the investment. A previous buyer completed a Phase I Environmental Site Assessment (ESA). Fully Renovated. Additional information available upon request. Buyer to Confirm All Details and Measurements.

Property Summary

Property TypeInvestment
Community Name4204 - West Centre Town
Land Size33 x 107.58 ft
Annual Property Taxes$11,756.00
Tax Year2025
Parking TypeOutside/Surface Garage

Building details

Bathrooms / washrooms0
Property typeInvestment

Lot & land

Lot dimensions33 × 108 ft
Lot frontage33 ft
Lot depth108 ft

Building Features

StyleInvestment

Heating & Cooling

CoolingNo
Heating TypeGas Forced Air Closed

Parking

Parking TypeOutside/Surface Garage

Taxes & fees

Annual taxes$11,756 (2025)

Listing history

On market sinceMay 13, 2026
Listed by EXP REALTY, Brokerage · Listing data sourced from TRREB®, refreshed nightly.
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The trademarks REALTOR®, REALTORS®, MLS®, Multiple Listing Service® and the associated logos are owned or controlled by The Canadian Real Estate Association (CREA). Used under licence. Information deemed reliable but not guaranteed. Tej Thakor is a Broker of Record at Royal LePage Terra Realty.
Call Tej Now 647-684-1731
118 Rochester Street, West Centre Town, ON K1R 7M1