Looking for apartment buildings for sale? Whether you’re a seasoned investor or entering the real estate market for the first time, owning an apartment building is a powerful way to generate passive income, build equity, and diversify your portfolio. Explore a variety of multi-unit properties offering strong returns and growth potential.

Forgot password Extend Verify Contact

438 Lewis Street
4103 - Ottawa Centre Ottawa Centre K2P 0T3

$1,150,000 /For Sale
Commercial

Main Photo: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
Photo 1: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
Photo 2: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
Photo 3: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
Photo 4: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
Photo 5: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
Photo 6: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
Photo 7: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
Photo 8: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
Photo 9: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
Photo 10: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
Photo 11: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
Photo 12: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
Photo 13: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
Photo 14: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
Photo 15: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
Photo 16: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
Photo 17: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
Photo 18: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
Photo 19: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
Photo 20: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
Photo 21: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
Photo 22: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
Photo 23: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
Photo 24: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
Photo 25: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
Photo 26: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
Photo 27: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
Photo 28: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
Photo 29: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
Photo 30: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
Photo 31: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
Photo 32: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
Photo 33: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
Photo 34: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
Photo 35: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
Photo 36: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
Photo 37: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X13773468
Bus Major:
Apts - 2 To 5 Units
Turnkey five-unit apartment building in Centretown offering immediate income and longer-term development potential. Over 300k in capital improvements over the last 10 years.The property is fully occupied and consists of three one-bedroom apartments and two bachelor units, with annual gross income of just over $79,000. The property may qualify for attractive CMHC MLI Select financing. Tenants pay their own hydro, while the landlord pays for heat and water. Additional income may be available from the on-site parking. The property sits on a 33' 99' lot and may be assembled with adjoining properties to create a development site of approximately 13,000 square feet. This property has a Walk Score of 100/100! Ideally located within walking distance of downtown, public transit, restaurants, shops and other amenities. A strong opportunity to acquire a stabilized income property with financing, rental and redevelopment upside. Contact the listing agent for further details regarding the potential land assembly, the rent roll & operating expenses.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
2500 sq. ft. Square Feet
Total Area:
2,500 sq. ft.
Lot Depth:
99'
Lot Frontage:
33'1¼"
Bedrooms:
5
Bathrooms:
5.0
Water supply:
Municipal
Kitchens:
5
Zoning:
TBC N4
Heating type:
Baseboard
Heating Fuel:
Electric
Garage:
None
Parking Spaces:
3
HST Applicable To Sale Price:
Included In
Assessment Year:
2026
Type Taxes:
Annual
Taxes:
$9,438.55 / 2026
Assessment:
$- / 2026
Ottawa
Ottawa Centre
4103 - Ottawa Centre
Tenant belongings
Utilities:
Yes
Green Property Information Statement:
No
Air Conditioning:
No
Seller Property Info Statement:
No
Financial Statements:
No
Expenses Actual/Estimated:
Estimated
Heating Expenses:
$1,395.39
Insurance Expenses:
$5,733.72
Management Expenses:
$3,177.24
Tax Expenses:
$9,438.55
Water Expenses:
$1,825.63
Year Expenses:
2026
Maintenace Expenses:
$4,625
Major Business Type:
Apts - 2 To 5 Units
Category:
Apartment
Franchise:
No
Date Listed:
Sep 11, 2026
Original Price:
Previous Price:
  • Photo 1: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
    Photo 1 of 37
  • Photo 2: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
    Photo 2 of 37
  • Photo 3: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
    Photo 3 of 37
  • Photo 4: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
    Photo 4 of 37
  • Photo 5: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
    Photo 5 of 37
  • Photo 6: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
    Photo 6 of 37
  • Photo 7: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
    Photo 7 of 37
  • Photo 8: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
    Photo 8 of 37
  • Photo 9: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
    Photo 9 of 37
  • Photo 10: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
    Photo 10 of 37
  • Photo 11: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
    Photo 11 of 37
  • Photo 12: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
    Photo 12 of 37
  • Photo 13: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
    Photo 13 of 37
  • Photo 14: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
    Photo 14 of 37
  • Photo 15: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
    Photo 15 of 37
  • Photo 16: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
    Photo 16 of 37
  • Photo 17: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
    Photo 17 of 37
  • Photo 18: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
    Photo 18 of 37
  • Photo 19: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
    Photo 19 of 37
  • Photo 20: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
    Photo 20 of 37
  • Photo 21: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
    Photo 21 of 37
  • Photo 22: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
    Photo 22 of 37
  • Photo 23: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
    Photo 23 of 37
  • Photo 24: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
    Photo 24 of 37
  • Photo 25: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
    Photo 25 of 37
  • Photo 26: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
    Photo 26 of 37
  • Photo 27: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
    Photo 27 of 37
  • Photo 28: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
    Photo 28 of 37
  • Photo 29: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
    Photo 29 of 37
  • Photo 30: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
    Photo 30 of 37
  • Photo 31: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
    Photo 31 of 37
  • Photo 32: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
    Photo 32 of 37
  • Photo 33: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
    Photo 33 of 37
  • Photo 34: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
    Photo 34 of 37
  • Photo 35: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
    Photo 35 of 37
  • Photo 36: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
    Photo 36 of 37
  • Photo 37: 438 Lewis Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13773468
    Photo 37 of 37
Listed by SUTTON GROUP - OTTAWA REALTY
Data was last updated September 12, 2026 at 06:15 AM (UTC)
DARYL  KING
powered by myRealPage.com

Why Invest in Apartment Buildings for Sale?

Owning an apartment building for sale provides unique advantages:

  • Multiple rental units generate consistent monthly income
  • Economies of scale make property management more efficient
  • Opportunity to increase property value through renovations and upgrades
  • High demand for rental housing in urban and suburban markets

What to Look for in Apartment Buildings for Sale

When evaluating apartment buildings for sale, consider:

  • Vacancy rates and tenant demand in the area
  • Location and proximity to transit, schools, and employment hubs
  • Building condition, age, and potential maintenance costs
  • Current rental income and future appreciation potential

Maximizing Exposure for Your Apartment Building

If you’re selling an apartment building, our platform offers exceptional exposure to a targeted audience of potential buyers. We utilize advanced marketing techniques to highlight the key features and benefits of your property, ensuring it stands out in the market. Our goal is to connect you with interested and qualified buyers efficiently, facilitating successful and profitable transactions.

Start Exploring Apartment Buildings for Sale Today

Whether you’re looking for small multi-family units or larger residential complexes, we offer a wide selection of apartment buildings for sale to match your investment goals. Let us help you find a property that offers steady income and long-term value.

Explore More GTA Homes:

Each link provides updated listings and expert insights.

FAQs – Apartment Buildings for Sale

1. Are apartment buildings a good investment?
Yes, apartment buildings provide steady rental income, potential tax benefits, and property value appreciation over time.

2. What should I consider before buying an apartment building?
Evaluate location, tenant demand, building condition, rental income, and management costs.

3. Can first-time investors buy apartment buildings?
Yes, many financing options are available for new investors, including CMHC-backed loans and commercial mortgages.

4. How many units are considered an apartment building?
Typically, any property with five or more units is classified as an apartment building for investment purposes.

5. Where can I find apartment buildings for sale?
You can find listings across major cities and growing suburbs where rental demand remains strong.