335-337 St. Patrick St - Apartments FOR SALE


Ottawa, ON K1N 5K6- Downtown
$1,545,000 CAD
819-307-8279
335-337 St. Patrick St, Ottawa, ON for Sale
$1,545,000 CAD
Apartments - FOR SALE
1/17
null | Request Cap Rate

335-337 St. Patrick St
Ottawa, ON K1N 5K6
Downtown


HIGHLIGHTS

  • Excellent investment opportunity to own a fourplex on an extra large lot
  • Potential for expansion or redevelopment up to 16 units
  • Prime location; next to public transit; walking distance to the Byward Market, uOttawa, and plenty of amenities
  • Recent updates throughout building
  • Proven history of steady cash flow
  • Rare opportunity

OVERVIEW

An exceptional investment opportunity in the highly desirable Lower Town/Sandy Hill area! This well-maintained FOURPLEX on EXTRA LARGE LOT (44ft X 119ft) offers four generously sized 2-bedroom, 1-bathroom units, making it an excellent income-generating property with significant upside potential. Beyond its prime location, this property boasts a large lot, offering future development UP TO 16 UNITS or expansion possibilities - an added advantage for investors looking to maximize value. Recent updates, including fire retrofit compliance, modernized electrical services, new furnaces, updated kitchens and bathrooms, and in-unit enhancements, contribute to the property's long-term sustainability and rental appeal. With a proven history of steady cash flow, increasing property values in the area, and the potential for further enhancements, this is a rare opportunity to secure a multi-unit property in one of Ottawa's most dynamic and evolving neighbourhoods. Ideally positioned just steps from the vibrant ByWard Market, Ottawa University, major transit routes, shopping, dining, and essential amenities, this property attracts a strong and consistent tenant base, including students, young professionals, and urban dwellers seeking convenience and accessibility. Whether you're looking to expand your real estate portfolio or capitalize on the growing demand for rental housing, this property checks all the boxes.

FOR SALE DETAILS

PRICE

$1,545,000 CAD

PRICE/SF

$454 CAD /SF

# OF UNITS

4

PRICE/UNIT

$386,250

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,344 SF

ZONING

RU4D

APN/PARCEL ID

061402080103900

ASK ABOUT THIS PROPERTY

JP ChartrandSutton Group - Ottawa RealtyMore Info
819-307-8279

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JP ChartrandSutton Group - Ottawa RealtyMore Info
819-307-8279

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.