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$ 1,800,000
Est. payment | /mo
5,391 SqFt
$ 1,800,000
Est. payment | /mo
5,391 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5391
Square Footage 5,391 sqft
Price per Sqft $333
Subdivision 4203 - Hintonburg
MLS® Listing ID X12896488
Property Description
Turnkey income property in one of Ottawa's most sought-after neighbourhoods. This fully tenanted six unit building comprises two semi-detached buildings offering nine bedrooms across six units - three spacious two-bedroom units at No. 22 and three one-bedroom units (one with den) at No. 24 - generating strong income with excellent upside at renewal. Over $250,000 in capital improvements since 2010 including a modern gas boiler, all-new electrical panels, vinyl siding and windows, a comprehensive drainage system, new retaining wall, and professionally renovated kitchens and bathrooms with hardwood and ceramic flooring throughout. Unit 3-22 features a rooftop terrace with composite decking, and Building 24 has a newly constructed rear staircase with exclusive use decks - both exceptional lifestyle additions rarely found in multi-residential. The 6,225 sq ft lot (50 ft 124.5 ft) sits in the new N4B zone under Ottawa's 2026 Zoning By-law, presenting significant redevelopment or intensification potential while current income covers carrying costs. Eight dedicated parking spaces included. Steps to the Hintonburg shops along Wellington Street, the O-Train Bayview and Tunney's Pasture stations, the Ottawa River pathway, and a quick commute to the Civic Hospital and downtown. Low operating expenses and a proven rental market driven by young professionals, federal employees, and health care employees make this a compelling hold or build opportunity. Email today for the complete details. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Hot water radiator heat, Radiator
Cooling None
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 8
Private Pool No
Others
Virtual Tour https://carlosinottawa.com/listings/22-24-st-francis-street.html
Listed by ENGEL & VOLKERS OTTAWA
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