Multifamily in J8X available for sale
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Apartment Building for Sale near J8X

J8X Apartment Building for Sale

Apartment Buildings for Sale Within 5 kilometers of J8X

More details for 455 Somerset St W, Ottawa, ON - Multifamily for Sale

455 Somerset St W

Ottawa, ON K1R 5J7

  • Multifamily for Sale
  • $2,240,000 CAD
  • 5,500 SF

Ottawa Multifamily for Sale - Centretown-Byward

An exceptional investment opportunity awaits at 455-457 Somerset Street W, a turnkey six-unit multifamily property in the heart of Ottawa’s vibrant Centretown. This well-maintained asset generates a strong $125,496.90 NOI and trades at an attractive 5.60% cap rate, offering stable in-place cash flow with clear upside. One strategically vacant unit is positioned for renovation, offering immediate value-add potential and the ability to increase rents to market levels. Spacious, thoughtfully designed layouts across all six suites promote long-term tenant satisfaction and retention, while on-site parking provides additional revenue. The offering combines durability, income stability, and a defined pathway to enhanced returns. Located in Ottawa’s downtown core near Kent Street and just steps from Parliament Hill, the asset benefits from premier urban connectivity and infrastructure. Within 2 kilometres of Ottawa City Hall and the House of Commons of Canada, the building sits at the centre of Canada’s public-service employment base. Proximity to the University of Ottawa further strengthens rental demand from students and young professionals. Somerset Street offers immediate access to local restaurants, cafés, daily retail, and public transit, reinforcing consistent demand. The surrounding area serves more than 267,000 residents within a 5-kilometre radius, with projected population growth of 16% by 2033 and an average household income of approximately $97,000. Centretown continues to rank among Ottawa’s most resilient rental nodes, supported by a diverse tenant base that includes government employees, technology professionals, and international students. A large and stable public sector workforce reduces cyclical risk, while ongoing expansion from employers such as Nokia, Solink, Accenture, and Calian Group reinforces long-term job growth and housing absorption. Infrastructure investment and a growing technology ecosystem continue to elevate Ottawa’s profile as a stable capital market. 455-457 Somerset Street W delivers the rare combination of immediate income, upside, and premier downtown positioning.

Contact:

SLEEPWELL REALTY GROUP LTD

Property Subtype:

Apartment

Date on Market:

2026-02-23

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More details for 36 Ontario St, Ottawa, ON - Multifamily for Sale

36 Ontario Street - 36 Ontario St

Ottawa, ON K1K 1L2

  • Multifamily for Sale
  • $2,199,999 CAD
  • 6,764 SF
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More details for 156 Dagmar Av, Vanier, ON - Multifamily for Sale

156 Dagmar Av

Vanier, ON K1L 5T2

  • Multifamily for Sale
  • $1,649,900 CAD
  • 4,000 SF
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More details for 101 Queen Street & 108-116 Sparks Street – for Sale, Ottawa, ON

101 Queen Street & 108-116 Sparks Street

  • Mixed Types for Sale
  • Price Upon Request
  • 3 Properties | Mixed Types
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More details for 316 Somerset St E, Ottawa, ON - Multifamily for Sale

316 Somerset St E

Ottawa, ON K1N 6W3

  • Multifamily for Sale
  • $2,899,000 CAD
  • 5,901 SF
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More details for 102 Putman Av, Ottawa, ON - Multifamily for Sale

102 Putman Av

Ottawa, ON K1M 1Z6

  • Multifamily for Sale
  • $1,109,000 CAD
  • 3,500 SF
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More details for 61 Cartier St, Ottawa, ON - Multifamily for Sale

Val Cartier - 61 Cartier St

Ottawa, ON K2P 1J4

  • Multifamily for Sale
  • $9,500,000 CAD
  • 41,724 SF
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More details for QUADRILATÈRE SAINT-JOSEPH À VENDRE – for Sale, Gatineau, QC

QUADRILATÈRE SAINT-JOSEPH À VENDRE

  • Mixed Types for Sale
  • $6,700,000 CAD
  • 4 Properties | Mixed Types
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Apartment Buildings for Sale in J8X

View All Available Listings
How many apartment buildings are available for sale in J8X?
There are currently 1 apartment buildings available for sale in J8X, offering a unique opportunity for businesses to establish a presence.
How big are the apartment buildings available for sale in J8X?
The average size of apartment buildings available for sale in Gatineau is about 2,806 SF. The largest apartment buildings available to buy is 2,806 SF and the smallest is 2,806 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.
What's the cap rate for apartment buildings in J8X?
The average market cap rate for apartment buildings for sale is about 7.87% based on data provided in J8X. Learn more about how cap rates are calculated.