202 ROCHESTER STREET - Photo 1 of 49, Ottawa, Ontario
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$1,649,999

202 ROCHESTER STREET — Ottawa, Ontario

K1R7M6

13Beds
6Baths
6Parking

Listed by ROYAL LEPAGE INTEGRITY REALTY

About This Property

INVESTOR ALERT - 5.5% CAP RATE IN LITTLE ITALY.Exceptional opportunity to acquire a 6-unit multi-residential asset in one of Ottawa's most supply-constrained and high-demand rental markets. This property offers a strong and versatile unit mix of three 2-bedroom units, two 3-bedroom units, and one 1-bedroom unit, delivering immediate income with long-term upside. Current cap rate of approximately 5.5% provides a compelling return in a premium urban location. Two units feature large private decks, a rare value-add in central Ottawa that supports tenant retention and potential rental premiums. A rear parking lot further enhances tenant demand and income stability. Numerous updates and renovations have already been completed, reducing near-term capital expenditures, while remaining cosmetic improvements present a clear opportunity to further increase rents and overall asset value. Each unit offers functional layouts with generous living spaces, appealing to a broad tenant base including professionals, families, and students. The location drives consistent occupancy, situated steps from Preston Street's vibrant restaurant and retail corridor, and minutes to Dow's Lake, the Arboretum, Carleton University, the O-Train, and major downtown employment hubs. This is a rare chance to secure a 6-plex in Little Italy at a 5.5% cap rate-a combination of yield, location, and upside that is increasingly difficult to find. Ideal for investors seeking strong cash flow, future rent growth, and long-term appreciation. Act quickly. Some images have been virtually staged to protect tenant privacy. (id:63357)

Property Details

Property Type
Multi-Unit
Bedrooms
13
Bathrooms
6
Stories
2.0
Status
Active

Location & Neighborhood

What's nearby 202 ROCHESTER STREET

Lifestyle Summary

** Living at 202 Rochester Street means embracing a dynamic lifestyle where convenience meets community. With an array of schools, parks, and dining options right at your doorstep, residents enjoy a perfect blend of urban amenities and family-friendly environments. This neighborhood offers a unique opportunity to engage with the surrounding culture while enjoying the comfort of a close-knit community. Whether you’re a young professional, a growing family, or someone seeking a vibrant place to retire, this area has something special for you.

🏘️Neighborhood Vibe

** Nestled in the vibrant heart of Ottawa, the community around 202 Rochester Street exudes a lively and welcoming atmosphere. With a diverse mix of residents, this area is characterized by its rich cultural tapestry and a strong sense of community spirit, making it an inviting place to call home. **COMMUTER_SUMMARY:** Conveniently located near multiple bus stops, including Preston/Oak and Somerset W/Rochester, commuting around the city is a breeze. Whether you're heading to downtown Ottawa or exploring further afield, public transit options are just a short walk away, ensuring that you'll always be connected to the city's many attractions. **FAMILY_SUMMARY:** Families will appreciate the proximity to quality educational institutions, with St. Anthony's Children's Centre and St. Anthony School just a stone's throw away. A variety of parks and recreational facilities nearby provide ample opportunities for children to play and explore, making it an ideal environment for family life. **DINING_ENTERTAINMENT:** Culinary enthusiasts will delight in the plethora of dining options available within walking distance, from cozy cafes like Bridgehead to a diverse array of restaurants, including Sanguiccio, Fiesta & Tequila, and Koichi Ramen. Whether you're in the mood for a casual bite or a family dinner, you'll find an abundance of flavors to satisfy every palate. **OUTDOOR_RECREATION:** For outdoor lovers, the nearby parks offer a refreshing escape from urban life. Plouffe Park and Piazza Dante Park, complete with a splash pad, provide perfect spots for picnics, leisurely walks, and family fun, while Chaudière Park and Primrose Park enhance the neighborhood's green spaces, fostering a healthy, active lifestyle. **OVERALL_LIFESTYLE:** Living at 202 Rochester Street means embracing a dynamic lifestyle where convenience meets community. With an array of schools, parks, and dining options right at your doorstep, residents enjoy a perfect blend of urban amenities and family-friendly environments. This neighborhood offers a unique opportunity to engage with the surrounding culture while enjoying the comfort of a close-knit community. Whether you’re a young professional, a growing family, or someone seeking a vibrant place to retire, this area has something special for you.

🚗Commuting

** Conveniently located near multiple bus stops, including Preston/Oak and Somerset W/Rochester, commuting around the city is a breeze. Whether you're heading to downtown Ottawa or exploring further afield, public transit options are just a short walk away, ensuring that you'll always be connected to the city's many attractions. **FAMILY_SUMMARY:** Families will appreciate the proximity to quality educational institutions, with St. Anthony's Children's Centre and St. Anthony School just a stone's throw away. A variety of parks and recreational facilities nearby provide ample opportunities for children to play and explore, making it an ideal environment for family life. **DINING_ENTERTAINMENT:** Culinary enthusiasts will delight in the plethora of dining options available within walking distance, from cozy cafes like Bridgehead to a diverse array of restaurants, including Sanguiccio, Fiesta & Tequila, and Koichi Ramen. Whether you're in the mood for a casual bite or a family dinner, you'll find an abundance of flavors to satisfy every palate. **OUTDOOR_RECREATION:** For outdoor lovers, the nearby parks offer a refreshing escape from urban life. Plouffe Park and Piazza Dante Park, complete with a splash pad, provide perfect spots for picnics, leisurely walks, and family fun, while Chaudière Park and Primrose Park enhance the neighborhood's green spaces, fostering a healthy, active lifestyle. **OVERALL_LIFESTYLE:** Living at 202 Rochester Street means embracing a dynamic lifestyle where convenience meets community. With an array of schools, parks, and dining options right at your doorstep, residents enjoy a perfect blend of urban amenities and family-friendly environments. This neighborhood offers a unique opportunity to engage with the surrounding culture while enjoying the comfort of a close-knit community. Whether you’re a young professional, a growing family, or someone seeking a vibrant place to retire, this area has something special for you.

👨‍👩‍👧‍👦Family Living

** Families will appreciate the proximity to quality educational institutions, with St. Anthony's Children's Centre and St. Anthony School just a stone's throw away. A variety of parks and recreational facilities nearby provide ample opportunities for children to play and explore, making it an ideal environment for family life. **DINING_ENTERTAINMENT:** Culinary enthusiasts will delight in the plethora of dining options available within walking distance, from cozy cafes like Bridgehead to a diverse array of restaurants, including Sanguiccio, Fiesta & Tequila, and Koichi Ramen. Whether you're in the mood for a casual bite or a family dinner, you'll find an abundance of flavors to satisfy every palate. **OUTDOOR_RECREATION:** For outdoor lovers, the nearby parks offer a refreshing escape from urban life. Plouffe Park and Piazza Dante Park, complete with a splash pad, provide perfect spots for picnics, leisurely walks, and family fun, while Chaudière Park and Primrose Park enhance the neighborhood's green spaces, fostering a healthy, active lifestyle. **OVERALL_LIFESTYLE:** Living at 202 Rochester Street means embracing a dynamic lifestyle where convenience meets community. With an array of schools, parks, and dining options right at your doorstep, residents enjoy a perfect blend of urban amenities and family-friendly environments. This neighborhood offers a unique opportunity to engage with the surrounding culture while enjoying the comfort of a close-knit community. Whether you’re a young professional, a growing family, or someone seeking a vibrant place to retire, this area has something special for you.

🍽️Dining & Entertainment

** Culinary enthusiasts will delight in the plethora of dining options available within walking distance, from cozy cafes like Bridgehead to a diverse array of restaurants, including Sanguiccio, Fiesta & Tequila, and Koichi Ramen. Whether you're in the mood for a casual bite or a family dinner, you'll find an abundance of flavors to satisfy every palate. **OUTDOOR_RECREATION:** For outdoor lovers, the nearby parks offer a refreshing escape from urban life. Plouffe Park and Piazza Dante Park, complete with a splash pad, provide perfect spots for picnics, leisurely walks, and family fun, while Chaudière Park and Primrose Park enhance the neighborhood's green spaces, fostering a healthy, active lifestyle. **OVERALL_LIFESTYLE:** Living at 202 Rochester Street means embracing a dynamic lifestyle where convenience meets community. With an array of schools, parks, and dining options right at your doorstep, residents enjoy a perfect blend of urban amenities and family-friendly environments. This neighborhood offers a unique opportunity to engage with the surrounding culture while enjoying the comfort of a close-knit community. Whether you’re a young professional, a growing family, or someone seeking a vibrant place to retire, this area has something special for you.

🌳Outdoor Recreation

** For outdoor lovers, the nearby parks offer a refreshing escape from urban life. Plouffe Park and Piazza Dante Park, complete with a splash pad, provide perfect spots for picnics, leisurely walks, and family fun, while Chaudière Park and Primrose Park enhance the neighborhood's green spaces, fostering a healthy, active lifestyle. **OVERALL_LIFESTYLE:** Living at 202 Rochester Street means embracing a dynamic lifestyle where convenience meets community. With an array of schools, parks, and dining options right at your doorstep, residents enjoy a perfect blend of urban amenities and family-friendly environments. This neighborhood offers a unique opportunity to engage with the surrounding culture while enjoying the comfort of a close-knit community. Whether you’re a young professional, a growing family, or someone seeking a vibrant place to retire, this area has something special for you.

Nearby Schools

Parks & Recreation

Transit Access

Local Amenities

Coffee & Cafes

Dining

POI data updated recently

Price History

$1,649,999

Mar 7, 2026

$163,349,991

-99.0%

Ottawa Market Snapshot

3,019

Active Listings

$664K

Median Price

0

Avg Days on Market

Last updated: Jan 28, 2026

Listed by

ROYAL LEPAGE INTEGRITY REALTY

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$1,649,999