118 Rochester Street

4204 - West Centre Town, West Centre Town, K1R 7M1

$1,899,999

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Listed 160 days ago · MLS® X13124998

About this home

Recently fully Renovated property 118 Rochester Street presents an excellent opportunity to acquire a well-maintained purpose-built sixplex in the heart of Ottawa's sought-after West Centretown/Chinatown neighbourhood. Ideally located within walking distance to Little Italy, Bayview Station, transit, restaurants, shops, and numerous amenities, this property offers both stable in-place income and significant long-term upside potential.The building consists of six spacious two-bedroom units with functional layouts, many featuring hardwood flooring, large windows, and excellent natural light throughout. Each unit benefits from private outdoor space, including front balconies and rear decks. Separately metered hydro allows tenants to pay their own electricity, helping reduce operating expenses. The property also features a large shared laundry area and individual tenant storage lockers in the basement.Mechanically, the building has been well maintained with a gas-fired radiant heating system serviced by a newer boiler (2015). Recently Renovated - Major updates to roof, windows, plumbing, and electrical improvements completed. Fire retrofit documentation is on file. A new rear staircase/fire escape has recently been constructed, with minor remaining work associated with completion of a firewall as required through a granted minor variance.The property offers considerable rental upside through future turnover and operational optimization, presenting investors with a strong opportunity to increase NOI and overall asset value over time. Historically low vacancy in this highly desirable rental pocket further supports the long-term stability of the investment. A previous buyer completed a Phase I Environmental Site Assessment (ESA). Fully Renovated. Additional information available upon request. Buyer to Confirm All Details and Measurements.

Details

Type
Investment
Lot
33 × 107.58 ft
Garage
Outside/Surface
Property tax
$11,756 (2025)
Neighbourhood
4204 - West Centre Town
Municipality
West Centre Town

Heating, cooling and services

Heating
Gas Forced Air Closed
Utilities
Available

Building and exterior

Building area
7,000 Square Feet

More

Possession
TBD
Cross street
From Somerset St W, head south on Rochester St ; property located on west side of Rochester St.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

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The neighbourhood

Getting around Very walkable

  • 🚇 Pimisi LRT8 min walk
  • 🚇 Corso Italia LRT9 min walk

Within a 10-minute walk: 3 grocery stores, 111 cafés and restaurants, 14 parks, 8 pharmacies. Nearest grocery: Kowloon Supermarket (400 m). Nearest park: Chaudière Park (150 m).

Schools nearby

Elementary

  • St. Anthony School Catholic
    EQAO: Gr 6 reading 70%
    7 min walk
  • Cambridge St Community Public School
    EQAO: Gr 6 reading 77%, math 23%
    9 min walk
  • Devonshire Community Public School
    EQAO: Gr 6 reading 94%, math 65%
    10 min walk
  • Centennial Public School
    EQAO: Gr 6 reading 79%, math 32%
    13 min walk

Secondary

  • Saint-Jean-Baptiste Catholic Secondary Campus Catholic5 min walk
  • Family Reception Centre8 min walk
  • Adult High School
    EQAO: Gr 9 math 21%
    9 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area K1R

Owners / renters
31% / 69%
Median household income
$74,000
Average age
40
Children under 15
8%
Homes
6% detached, 49% high-rise
Commute by transit
18%
Population
20,343

Languages spoken most at home besides English: Yue (Cantonese) 1.6%, Vietnamese 1.4%, Mandarin 1.2%, Arabic 1%.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario).

Living here

Commute

To downtown Ottawa: 2 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by EXP REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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