184 MURRAY STREET
4001 - Lower Town/Byward Market
Ottawa
K1N 5M8
$1,020,000
Multi-family
beds: 8
baths: 4.0
- Status:
- Active
- Prop. Type:
- Multi-family
- MLS® Num:
- X12674878
- Bedrooms:
- 8
- Bathrooms:
- 4
- Photos (7)
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Welcome to 184 Murray Street a rare, fully renovated freehold fourplex located just steps from the pulse of Ottawa's historic Lower Town and the ever-bustling Byward Market. This cash-flow-ready property offers a unique opportunity for savvy investors to secure a premium asset in one of the city's most dynamic and desirable urban hubs. With a projected 4.75% cap rate, this building is primed to deliver both immediate returns and long-term value. This exceptional property includes four vacant, fully renovated units: two generously sized 3-bedroom apartments and two stylish 1-bedroom units a total of 8 bedrooms. Whether you aim to attract top-quality tenants at todays strong market rents or explore the lucrative potential of short-term rentals (Airbnb), this investment gives you full flexibility. Furnishings are optional the seller is open to including all furniture, streamlining the setup for Airbnb or executive rentals. Extensive, high-quality renovations have been completed throughout the property. All units feature brand-new ductless A/C and heating systems, new flooring in three units (tile and durable laminate), four fully updated kitchens with new plumbing and appliances, and four modern bathrooms with new water and drain lines. Additional upgrades include a new laundry room, modern LED lighting, all new interior doors, casings, and fresh paint throughout. Safety and efficiency are top-tier with fire-rated doors, interconnected smoke/strobe detectors, and a new 400-amp hydro service with 5 separate meters. Foundation wrap on the east and south sides will be completed next week. The property also includes four private parking spots (approx. $150/month each), adding up to an extra $600/month. Close to transit, shopping, restaurants, and the University of Ottawa, this property offers enduring appeal and strong rental growth. Photos shown are of Unit 4 (1 Bed, 1 Bath). (id:2493)
- Property Type:
- Multi-family
- Property Attached:
- Yes
- Living Area (Min):
- 2,500 sq. ft.232 m2
- Living Area (Max):
- 3,000 sq. ft.279 m2
- Zoning:
- Residential R4
- Taxes:
- $12,777 / 2025
- Community:
- 4001 - Lower Town/Byward Market
- Exterior Features:
- Brick
- Structure Type:
- Fourplex
- Appliances Included:
- Washer, Refrigerator, Dishwasher, Oven, Dryer, Microwave
- Bedrooms:
- 8
- Bedrooms Above Grade:
- 8
- Bathrooms:
- 4.0
- Cooling:
- Wall unit
- Fireplace:
- No
- Foundation:
- Poured Concrete
- Heating:
- Forced air, Natural gas
- # Storeys:
- 3.0
- Water:
- Municipal water
- Sewer:
- Sanitary sewer
- Basement:
- None
- Lot Frontage:
- 33'1¼"10.1 m
- Lot Details:
- 33.1 x 105 FT
- Parking:
- No Garage
- Total Parking Spaces:
- 7
- Floor
- Type
- Size
- Other
- Main level
- Kitchen
- 14'10¾"4.54 m × 11'2"3.40 m
- -
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Listed by EXP REALTY
Data was last updated January 11, 2026 at 12:15 PM (UTC)
Area Statistics
- Listings on market:
- 10
- Avg list price:
- $999,000
- Min list price:
- $580,000
- Max list price:
- $3,895,000
- Avg days on market:
- 73
- Min days on market:
- 3
- Max days on market:
- 181
- Avg price per sq.ft.:
- $350.35
These statistics are generated based on the current listing's property type
and located in
4001 - Lower Town/Byward Market. Average values are
derived using median calculations. This data is not produced by the MLS® system.
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- RE/MAX PILON GROUP
- 1 (613) 909-8100
- Contact by Email
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