Listed by Royal Lepage Team Realty.

159 Frank Street is a Multiplex, 3-Storey and is currently for Sale @ $2,600,000. Taxes in 2025 were $17,016.49.

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Absolutely pristine investment property featuring 7 units, with top-dollar rents and an unbeatable location. The 3-Storey on 159 Frank Street has 11 bedrooms, 7 bathrooms, and is located on a 89.1 x 49.3 ft lot in the community of Ottawa Centre/Golden Triangle . Over $1.3 million in renovations were completed in 2011, including new electrical, heating systems, kitchens, bathrooms, windows, and flooring a true top-to-bottom transformation.Situated in the prestigious Golden Triangle, just two blocks from the Rideau Canal and Elgin Streets vibrant cafes, restaurants, shops, and transit. This immaculate building offers spacious units with soaring 10-foot ceilings, hardwood floors, and abundant natural light. Kitchens feature granite countertops, quality appliances, and ample storage. Self managed with excellent tenants and a strong rental history, this property is truly turnkey. 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 acquire a beautifully renovated, fully leased property in one of Ottawas most desirable neighborhoods.

7 Stoves, 7 Dishwashers, 7 Refrigerators, 7 Hood Fans

The address 159 Frank Street was listed for sale (MLS# X12306932) on Friday, July 25, 2025.