Brick facade building with multiple levels, featuring green exterior doors and wrought iron balconies Features: brick siding, satellite dish, balcony

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Wood-finish flooring with white baseboards Features: baseboards wall, textured ceiling, drywall, wood finish floor

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Carpeted flooring, partial wood-finish flooring, built-in shelving, white paneled door, transom window Features: drywall, baseboards wall, carpet, closet

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Wood-finish flooring throughout, white walls, and a recessed window with a dark wood-finish sill Features: wood finish floor, natural light, baseboards wall, drywall, baseboard radiator, tv

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Compact kitchen featuring white appliances, upper and lower cabinetry, and resilient flooring Features: countertops, range oven, range hood, white cabinets, pendant lighting, baseboards wall, drywall, vinyl floor, microwave, refrigerator, visible hinge cabinets

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For Sale - 279 ST ANDREW Street, Lower Town - Sandy Hill, Ontario

279 St Andrew Street

Lower Town - Sandy Hill , Ontario

$1,399,900

Est payment $6,722/mo

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Time on Jump 97 day

AI Summary *

Prime downtown location near Parliament Hill and ByWard Market.
Solid six-unit building with consistent rental income from tenants.
Includes an adjacent parking lot for added value and convenience.
Generous yard and parking area offer potential for redevelopment.
Great investment opportunity with a solid 6.2% cap rate.

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Purchase Price

Term

Interest Rate

Payment Frequency

Down Payment:
$ 69,995 ( 5% )

First Time Buyer:
Yes No

New Build:
Yes No

Rare opportunity to acquire a large parcel in one of ottawa's most strategic downtown locations. This solid six-unit building features five 1-bedroom units and one spacious 3-bedroom unit, with the sale also including the adjacent parking lot, creating a substantial land holding just minutes from parliament hill, foreign affairs, the byward market, the university of ottawa, and countless shops, restaurants, and employment hubs. The property can be taken over as a turnkey income-producing investment with all units currently tenanted, providing immediate rental revenue, or reimagined as a future redevelopment site in a highly desirable urban location. Combined with the generous yard and parking area, this offering presents exceptional potential for investors, developers, and land bankers alike. Property is being sold in "as-is, where-is" condition. 6. 2% cap rate. All units are tenanted and a minimum of 24 hours' notice is required for all showings.

Listing IDX13517736

Address279 ST ANDREW Street

CityLower Town - Sandy Hill, Ontario

Price$1,399,900

StyleInvestment

TypeIndustrial/Commercial

StatusFor Sale

Extras

Subtype InvestmentCommunity Features Public TransitBasement 1Heating / Cooling Baseboard

Market Info

Listing Brokerage: CENTURY 21 SYNERGY REALTY INC

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Listing Brokerage: CENTURY 21 SYNERGY REALTY INC

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For Sale - 279 ST ANDREW Street, Lower Town - Sandy Hill, Ontario

AI Summary *

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Property Info

Extras

Market Info

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