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69-71 Donald St
Ottawa, ON K1K 1N3
Multifamily Property For Sale
·
3 Units
Executive Summary
Discover one of Ottawa's most extraordinary multi-unit properties. This luxury 11,000 sq. ft. 3 unit villa, masterfully built by Bellagio, is a rare asset poised to benefit from the transformative new CM1 Minor Corridor zoning. This is a fully completed, meticulously maintained masterpiece ready for immediate occupancy or investment. The CM1 zoning unlocks exceptional flexibility for luxury executive rentals, boutique offices, medical clinics, institutional use, or mixed-use redevelopment. Offered well below today's replacement cost, it provides unmatched versatility. The property consists of three massive luxury residences, plus a fire-rated lower level roughed-in for a future fourth unit, creating immediate investor upside. Each expansive open-concept residence features three- to four-bedroom layouts, 2.5 bathrooms, soaring 9-foot ceilings, 8-foot solid-core doors, and floor-to-ceiling windows. High-end finishes include engineered hardwood, Italian porcelain, and custom chef-inspired kitchens with quartz waterfall islands. The owner-occupied primary unit remains in pristine, never-tenanted condition. Every residence operates completely independently with its own electrical panel, high-efficiency furnace, HRV, tankless water heater, central A/C, and in-suite laundry. Built for elevated living, the property features a floating staircase engineered for a future elevator, a heated double garage, and ample storage. The crown jewel is the expansive rooftop terrace, prepped for an outdoor kitchen, hot tub, and shower, offering spectacular panoramic city skyline views. Perfectly positioned near the University of Ottawa, Rideau Sports Centre, Sandy Hill footbridge, downtown, hospitals, and transit. Whether you are an investor, developer, professional organization, or seeking an elite multi-generational estate, this landmark property delivers an exceptionally rare opportunity combining irreplaceable scale, unparalleled luxury, and limitless future potential. Book today!
Property Facts
| Price Per Unit | $883,000 CAD | Lot Size | 0.16 AC |
| Sale Type | Investment | Building Size | 10,000 SF |
| No. Units | 3 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 2016 |
| Apartment Style | Low-Rise | Parking Ratio | 0.7/1,000 SF |
| Building Class | B | ||
| Zoning | R4UC-C - Allow a wide mix of residential building forms ranging from detached to low rise apartment dwellings, in some cases limited to four units | ||
| Price Per Unit | $883,000 CAD |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.16 AC |
| Building Size | 10,000 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 2016 |
| Parking Ratio | 0.7/1,000 SF |
| Zoning | R4UC-C - Allow a wide mix of residential building forms ranging from detached to low rise apartment dwellings, in some cases limited to four units |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2.5 | 2 | - | - |
| 4+2.5 | 1 | - | - |
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