295-297 ST PATRICK Street, Lower Town - Sandy Hill | Image 1
$1,775,000
For Sale

Added 1 month ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: R4S

  • Age: No Data

  • Taxes: 18640

  • MLS®#: X9521350

  • Days on Site: 48 Days

  • Added: Sep 30, 2024 (1 month ago)

  • Updated:

  • Last Checked: 7 hours ago

  • Listed By: EXP REALTY

Prime investment opportunity in the heart of Ottawa's ByWard Market! This 8-unit property offers incredible upside potential in one of the city's most sought-after downtown locations. The property benefits from strong rental demand, being steps away from Ottawa's best dining, shopping, entertainment, and cultural landmarks. With room for rent increases and value-add improvements, this is a rare chance to capitalize on long-term growth in a vibrant urban setting. Don't miss out!

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Apartment

  • Net Income: 73014

  • Area: Lower Town - Sandy Hill

  • Community: 4001 - Lower Town/Byward Market

  • Availability Date: TBD

Parking

  • Covered Parking Spaces: 1

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LT 22, PL 42482 , AS IN N669913, N/S ST. PATRICK ST; S/T & T/

  • Taxes: $18,640

  • Insurance Fee: 5120

  • Water Fees: 2400

Land

  • Cross Street: St. Patrick Street &

  • Municipality District: Lower Town - Sandy Hill

  • Parcel Number: 042170258

  • Lot Depth: 112.66 Feet

  • Lot Frontage: 33.32 Feet

  • Zoning: R4S

Commercial Specific

  • Gross Income/Sales: 123997

JK-8

École élémentaire catholique Sainte-Anne

Elementary: Catholic
0.74 km
JK-8

York Street Public School

Elementary: Public
0.66 km
JK-6

St Brigid Elementary School

Elementary: Catholic
1.88 km
JK-6

Elgin Street Public School

Elementary: Public
1.71 km
7-8

École élémentaire publique De la Salle

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École élémentaire publique Francojeunesse

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9-12

Urban Aboriginal Alternate High School

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Richard Pfaff Secondary Alternate Site

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Immaculata High School

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2.51 km
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École secondaire publique De La Salle

Secondary: Public
0.63 km
Pre-Grade 9-12

Lisgar Collegiate Institute

Secondary: Public
1.23 km
Pre-Grade 9-12

Glebe Collegiate Institute

Secondary: Public
3.34 km
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