$4,950,000

About this listing

3211 St. Joseph Boulevard is a well-maintained low-rise 24 unit apartment building located in the established Orleans community in Ottawa's east end, along one of the area's primary east-west arterial corridors. Excellent opportunity to purchase a very well-maintained building with significantly below market rents (some 60%). Value add opportunity in monetizing the large parking area not being charged for as well as excess development land at the rear of the site. The Property benefits from strong visibility and convenient access in a highly walkable, amenity-rich suburban setting supported by mature residential neighbourhoods. The surrounding area features a well-balanced mix of residential uses, retail centres, and community services. Nearby amenities include Place d'Orleans Shopping Centre, grocery stores, restaurants, schools, healthcare facilities, and recreational amenities, all of which contribute to strong day-to-day livability for residents. The Property also offers excellent regional connectivity, with immediate access to Highway 174 providing efficient travel into Downtown Ottawa and east toward surrounding communities. Public transit serviced along St. Joseph Boulevard further enhances accessibility, linking residents to key employment nodes and transit connections throughout the city. Overall, the location combines strong suburban fundamentals, established residential stability, and convenient access to major amenities and transportation routes, making it a highly desirable rental location within Ottawa's east-end.