Home with brick exterior material, street for 159 Frank St, Ottawa Ontario K2P 0X4
22 days on Market

159 Frank St, Ottawa, Ontario K2P 0X4

Townhouse
11
7
~5000 + sqft
$2,600,000
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Townhouse
11
7
~5000 + sqft

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Highlights

Property Estimate

Days on market22 days

Estimated valueNot available

Price/Sqft$260/sqft

Monthly cost

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CMA Subject Property

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+328

Properties sold*

$614K

Median sold price*

*Based on last 30 days

Description

Absolutely pristine investment property 7-unit building with top-dollar rents and an unbeatable location. Over $1.3 million in renovations completed in 2011, including all-new electrical, heating systems, kitchens, bathrooms, windows, and flooring top-to-bottom transformation. Situated in the prestigious Golden Triangle, just two blocks from the Rideau Canal and Elgin Street's vibrant cafes, restaurants, shops, and transit. This immaculate building features large, spacious units, soaring 10-foot ceilings, hardwood floors, and abundant natural light through large windows. Kitchens boast granite countertops, quality appliances, and ample storage. Professionally managed with excellent tenants and zero vacancies a true turnkey opportunity. Includes 7 outdoor parking spaces offering added rental income potential. Residents enjoy nearby parks, tennis courts, bike paths, and easy access to the NAC and downtown core. With a net operating income (NOI) of over $128,700 and priced at $2,600,000, this is a rare opportunity to own a beautifully renovated, fully leased investment property in one of Ottawa's most desirable neighborhoods.


Property Details

Style3-Storey
View-
Age of property100+
SqFt~5000 + SqFt
Lot Size4,392 SqFt(89.1 x 49.3)
Parking Spaces7
MLS ®NumberX12306932
Community NameCity of Ottawa
Data SourceTRREB
Listing byROYAL LEPAGE TEAM REALTY

Features

Heating: Water
Basement: Finished

Features

Lot size: 4,392 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 7


Property History

Jul 25, 2025
ListedActive
$2,600,000
22 days on market
history photo preview50
Listing by trreb®

Market Data - City of Ottawa

Geo Zone Map ThumbnailCity of Ottawa

Balanced Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

29 days

Compared to

2024

27 days

2023

21 days

2022

18 days

New Listings

Past 30 days

532 listings

Compared to

2024

491 listings

2023

424 listings

2022

514 listings

Units sold

Past 30 days

289 units

Compared to

2024

328 units

2023

295 units

2022

297 units

Median Sold Price

Past 30 days

$610,000

Compared to

2024

$614,000

2023

$578,000

2022

$575,000


What’s nearby?Essentials within 5 km

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