For Sale: 22-24 St Francis Street, Ottawa, ON - REW
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$1,650,000
0 bd ba 5391 sf Multifamily

22-24 St Francis StreetOttawa, ON, K1Y 1W5

Hintonburg - Mechanicsville
  • 0 Bed
  • Bath
  • 5391 Sqft
  • Multifamily

About this home

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:63626)
Listed by: Carlos Fernando, Salesperson, ENGEL & VOLKERS OTTAWA

Home facts and features

Price details
List Price
Gross Taxes for 2026
$14,894
Home facts
Bedrooms
0
Full Bathrooms
Parking Spaces
8
Property Type
Multifamily
Depth
124.5 feet
Frontage
50.0 feet
Heating Type
Hot water radiator heat, Natural gas, Radiator
Appliances
Dishwasher, Dryer, Hood Fan, Washer
Community
Agent details
Primary Agent
Carlos Fernando
Primary Broker
ENGEL & VOLKERS OTTAWA
Listing details
Days on REW
84 Days
Property Views
31
MLS® Number
X12896488
Source
Canadian Real Estate Association
Board
Ottawa Real Estate Board
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

É Élém C Saint-François-d'Assise
  • Catholic
  • JK - 6
Connaught Public School
  • Public
  • JK - 6
Devonshire Community Public School
  • Public
  • JK - 6
Fisher Park/Summit AS Public School
  • Public
  • 7 - 8
Elmdale Public School
  • Public
  • JK - 6
St Anthony Elementary School
  • Catholic
  • JK - 6
Cambridge Street Community Public School
  • Public
  • JK - 6
Hilson Avenue Public School
  • Public
  • JK - 6
St George Elementary School
  • Catholic
  • JK - 6
Centennial Public School
  • Public
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-09.