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This is a reference post written by our team to show the standard: a specific thesis, quantified highlights, honest metrics, and documents ready for a buyer. Write yours →

Rented condo · Ottawa, Canada

Little Italy Tenanted One-Plus

Little Italy, near Dow's Lake

The opportunity

Little Italy Tenanted One-Plus is a tenant-occupied two-bedroom held as an investment since 2019. The tenant has been in place three years, pays on time, and is on a lease to August 2026 at $2,400 — roughly $250 under what the same line rents for today. Buy it with the income intact; the reset happens at renewal, not at closing. This is an income listing, so vacant-possession buyers should look elsewhere.

  • Tenant three years in place, no arrears
  • Lease to Aug 2026 at $2,400, ~$250 under market
  • Fees $480/mo including heat and water