186 James Street photo 1
186 James Street photo 2
186 James Street photo 3
Interior, Unit 2, Studio
Interior, Unit 2, Studio
Interior, Unit 2, Studio
Interior, Unit 2, Studio
Interior, Unit 2, Studio
Interior, Unit 2, Studio
Interior, Unit 2, Studio
Interior, Unit 6, One-Bedroom
Interior, Unit 6, One-Bedroom
Interior, Unit 6, One-Bedroom
Interior, Unit 6, One-Bedroom
Interior, Unit 6, One-Bedroom
Interior, Unit 6, One-Bedroom
Interior, Unit 6, One-Bedroom
Lower Level Plan
Basement Floor Plan
Ground Floor Plan
Second Floor Plan
186 James Street - aerial
186 James Street - aerial
186 James Street - aerial
186 James Street - aerial
186 James Street - aerial
186 James Street - aerial
186 James Street - aerial
186 James Street - aerial

186 James Street

Ottawa Centre, ON K1R 5M7

ActiveFor Sale
0 Beds
0 Baths
10,000 Sq Ft
4,553 Lot Sq Ft
Commercial

About This Property

Beautifully restored 11-unit multi-family building in the heart of Ottawa, fully leased and income-producing from day one. New Build Quality Without New-Build Risk: In a central area with limited new supply, this fully modernized, turn-key property delivers near-new-build quality without the cost or risk of new construction. Capital Improvements (2015): New boiler; Roof replacement; Addition of air conditioning; & Installation of common laundry room. A turn-key investment, fully modernized with minimal near-term capital requirements and strong tenant retention. Well-appointed suites finished with durable materials that marry historic character with contemporary livability-engineered for sustained rental performance. Daily conveniences including grocery, pharmacy, and fitness are moments away, while major federal and municipal employment hubs anchor consistent demand. Seamless access to Highway 417, key arterials, and transit ensures connectivity across the city. A walkable, centrally positioned urban setting-bordered by Chinatown, Elgin Street, and the ByWard Market-drives tenant retention and long-term occupancy.

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size10,000 sq ft
Lot Size4,553 sq ft
Bedrooms0
Bathrooms0
Postal CodeK1R 5M7
Last UpdatedAug 8, 2026 · 6:46 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X12542896

Listed by DISTRICT REALTY CORPORATION

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$3,195,000

asking price

MLS®X12542896
TypeCommercial
CityOttawa Centre
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$15,602

/month · $2,556,000 mortgage

Down Payment20% — $639,000
Interest Rate5.5%

Amortization

Total Interest

$2,124,482

Total Cost

$4,680,482

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

Full Mortgage Calculator →

Listed By

DISTRICT REALTY CORPORATION