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Investment Highlights

  • Distressed sale opportunity offering value-add potential through renovation, repositioning, or operational improvements.
  • Well-suited for investors seeking a project with upside potential in an established urban neighborhood.
  • Four-unit residential asset in Ottawa’s east-end market with multiple paths for investor ownership and income growth.
  • Rare chance to acquire a multi-residential property through a distressed sale at a potentially compelling basis.

Executive Summary

Property to be sold "as is, where is" condition, the buyer accepts the property in its current condition, including all defects, whether known or unknown, latent or patent. The seller is not responsible for repairs, remediation, or clean-up after closing.

Property Facts

Price $326,560 USD
Price Per Unit $81,640 USD
Sale Type Investment
Sale Conditions
Distress Sale
  • High Vacancy Property
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Lot Size 0.05 AC
Building Size 2,000 SF
No. Stories 2
Year Built 1950
Zoning N4B H(11) - Residential
Exceptionally walkable
90/100
Fairly drivable
50/100
Strong public transit
80/100
Moderately bikeable
70/100
  • Listing ID: 41836227

  • Date on Market: 8/21/2026

  • Last Updated:

  • Address: 259 Granville St, Ottawa, ON K1L 6Z3

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