$1,699,999
0 bd • ba • 9200 sf • Multifamily
297 St Patrick Street
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$1,699,999
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297 St Patrick StreetOttawa, ON, K1N 5K4

Byward Market
  • 0 Bed
  • Bath
  • 9200 Sqft
  • Multifamily

About this home

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. (id:32586)
Listed by: Gershon Thambiah, Salesperson, SUTTON GROUP - OTTAWA REALTY

Home facts and features

Price details
List Price
$1,699,999
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Home facts
Bedrooms
0
Full Bathrooms
Property Type
Multifamily
Lot Size
33 ft x 112 ft (3754 ft²)
Depth
112 ft ,7 in
Frontage
33 ft ,3 in
Heating Type
Forced air
Community
Agent details
Primary Agent
Gershon Thambiah
Primary Broker
SUTTON GROUP - OTTAWA REALTY
Listing details
Days on REW
83 Days
MLS® Number
X12319517
Source
Canadian Real Estate Association
Board
Ottawa Real Estate Board

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Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
4.09%

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Property Insights

York Street Public School
  • Public
  • JK - 8
ÉEP De la Salle
  • Public
  • 7 - 8
ÉSP De La Salle
  • Public
  • 9 - 12
É Élém C Sainte-Anne
  • Catholic
  • JK - 8
ÉEP Francojeunesse
  • Public
  • JK - 6
Lisgar Collegiate Institute
  • Public
  • 9 - 12
Elgin Street Public School
  • Public
  • JK - 6
Viscount Alexander Public School
  • Public
  • JK - 6
ÉEP Le Trillium
  • Public
  • JK - 6
St Brigid Elementary School
  • Catholic
  • JK - 6
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
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Listing data was last updated on 2025-10-23.
Call Agent
Salesperson
Gershon Thambiah
Phone:
(613) 691-9901
Office:
(613) 744-5000
Fax:
(343) 545-0004
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