342 Frank Street, Ottawa, photo 1 1 / 24

$2,395,000

342 Frank Street

Ottawa Centre, Ottawa, ON K2P0Y1 · MLS® X13527154

  • 20Bedrooms
  • 7Bathrooms

About this property

Rarely available 6-unit with accessory 7th unit in prime Centretown location. 200K Gross income. Fully rented. Six 3-bedroom units + one 2-bedroom unit . 3 Storey brick building. Large, well-maintained units. Easy walking to Bank street, Elgin and Parliament hill. New boiler 2025 (id:65933)

Type
Other
Category
Multi-family
Annual taxes
$21,051
Updated
Sep 14, 2026

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Estimate only, not financial advice. Rent is reduced by vacancy, then management is taken on the rent collected; net operating income = that, less property tax and other costs; cap rate = net operating income ÷ price; cash flow also subtracts the mortgage (semi-annual compounding, as Canadian mortgages use). Vacancy default: CMHC Rental Market Report, Ottawa, October 2025.

Listed by Royal Lepage Performance Realty.

Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.

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