159 Frank Street
Ottawa (Ottawa Centre/Golden Triangle), ON K2P 0X4
- 11Bedrooms
- 7Bathrooms
- 7Parking
- 5000 +Sq Ft
- $17,016Tax
- 49×89 ftLot Size
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This listing has ended. It is no longer available.
Property not available for sale or for rent.
Sale & Price History for 159 Frank Street, Ottawa, Ottawa Centre/Golden Triangle
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2025-07-25 | 2025-10-25 | Login to See Prices | Expired | x12306932 |
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.
About 159 Frank Street, Ottawa, Ottawa Centre/Golden Triangle
Absolutely pristine investment property featuring 7 units, with top-dollar rents and an unbeatable location. 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.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $17,016
- Land Transfer Tax Fee
- $51,475
Rental Items
- Rental Equipment
- None
- Basement Type
- Finished
Interior Features
- Laundry Level
- Lower Level
- Interior Extras
- Carpet Free
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Multiplex
- Building Style
- 3-Storey
- Approx Age
- 100+
Construction
- Exterior Finish
- Brick, Stucco (Plaster)
- Roof
- Asphalt Shingle
- Foundation Details
- Stone
- Special Designation
- Unknown
Lot
- Lot Front
- 49.30 ft
- Lot Depth
- 89.10 ft
- Lot Size
- 4392.63
Inclusions
- Inclusions
- 7 Stoves, 7 Dishwashers, 7 Refrigerators, 7 Hood Fans
Exclusions
- Exclusions
- All Tenants Belongings
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 7
- Parking Spaces
- 7
- Total Garage And Parking Spaces
- 7
Heating & Cooling
- Heat Source
- Other
- Heat Type
- Water
- Air Conditioning
- None
- Water
- Municipal
- Sewers
- Sewer
- Natural Gas
- Available
- Hydro
- Available
- Cable
- Available
- Telephone
- Available
- Bedrooms
- 11
- Washrooms
- 7
- Kitchens
- 7
Washrooms
- 4-piece
- Municipality
- Ottawa
- Neighbourhood
- Ottawa Centre/Golden Triangle
- Main cross streets
- Elgin St. and Cartier,
- Directions
- Frank St. between Elgin St. and Cartier, take the Metcalfe entrance from the Queensway.
- MLS® number
- X12306932
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-10-25
- Listed on
- 2025-07-25
- Days on market
- 92 days
- Possession date
- 2025-09-01
- Possession type
- Flexible
- Co-op commission
- 2%
- Seller
- Listed by
- ROYAL LEPAGE TEAM REALTY
Home Market Value
Current home valuation for 159 Frank Street, Ottawa, Ottawa Centre/Golden Triangle, Ottawa, ON. Listed for $2,600,000
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 159 Frank Street, Ottawa, Ottawa Centre/Golden Triangle
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
20% required for homes $1.5M or more
$520,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $0 | $0 | $0 | $0 |
=Total mortgage | $2,080,000 | $1,950,000 | $1,820,000 | $1,690,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $10,156monthly | $9,521monthly | $8,886monthly | $8,251monthly |
Land Transfer Tax
$51,475
$51,475
Around this home
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