ON > Lower Town - Sandy Hill > 4001 - Lower Town-Byward Market
Lower Town - Sandy Hill, ON K1N 5K4,297 St Patrick ST
Lower Town - Sandy Hill, ON K1N 5K4,297 St Patrick ST
Lower Town - Sandy Hill, ON K1N 5K4,297 St Patrick ST
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$1,699,999
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9,200 SqFt
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297 St Patrick ST Lower Town - Sandy Hill, ON K1N 5K4

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Jasmine Lee

Jasmine Lee

+1(416) 875-4880

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Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 9,200 sqft

Price per Sqft $184

Subdivision 4001 - Lower Town/Byward Market

MLS Listing ID X12319517

Annual Tax Amount $14,226

Tax Year 2025

Property Sub-Type Investment

Property Description

High performing 8 unit apartment building with excellent cashflow AND some upside! Well managed and maintained with many capital improvements done over the years. Boasting $148,367.40 in annual gross income, this multi unit would be an excellent addition to an investment portfolio. Being steps away from the Byward Market, Uottawa & Downtown Ottawa makes this building an ideal location for young professionals and students alike. Over the past 5 years,6/8 units have been fully renovated including new kitchens, bathrooms, flooring, trim etc. Two long time tenancies are well below market rent providing future upside on turnover while the other 6 units are at market rents. With excellent management in place, this building is turn key for the next investor.

Location

Province ON

County Ottawa

Community 4001 - Lower Town/Byward Market

Area Ottawa

Interior

Cooling No

Exterior

Utilities Available Available

Lot Frontage 33.32

Lot Depth 112.66

Others

ParcelsYN No

Listed by SUTTON GROUP - OTTAWA REALTY
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Jasmine Lee

Jasmine Lee

Real Estate Broker & Team Leader | License ID: 9517861

+1(416) 875-4880

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297 St Patrick ST

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