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    For Sale - 22-24 St Francis Street, West Centre Town, Ontario

    Est payment $8,643/mo
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    Views   1
    Time on Jump  6 day

    AI Summary *

    • Turnkey income property with six fully tenanted units in a prime neighborhood.
    • Generates strong income with excellent potential for future growth and renewal.
    • Recent capital improvements enhance value with modern amenities throughout.
    • Close to shops, transit, and recreational pathways for easy access.
    • Includes eight dedicated parking spaces and low operating expenses.




    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.
    Listing IDX12896488
    Address22-24 St Francis Street
    CityWest Centre Town, Ontario
    Price$1,800,000
    StyleInvestment
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentCommunity Features Major Highway, Public TransitBasement 1Heating / Cooling Gas Hot WaterSewer Sanitary+Storm

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    Listing Agency:  ENGEL & VOLKERS OTTAWA

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    22-24 St Francis Street
    West Centre Town , Ontario
    $1,800,000
    Get more info