Lower Town - Sandy Hill, ON K1N 5K4,297 St Patrick ST
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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
Lower Town - Sandy Hill, ON K1N 5K4,297 St Patrick ST
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297 St Patrick ST Lower Town - Sandy Hill, ON K1N 5K4

9,200 SqFt


UPDATED:

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

Lot Depth 112.66

Lot Front 33.32

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


Listed by SUTTON GROUP - OTTAWA REALTY
agent

Jethro Seymour

Broker

+1(416) 712-0767

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297 St Patrick ST