335-337 St Patrick Street Ottawa, Ontario K1N 5K6
$1,545,000
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 Ottawas 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. (id:49712)
Property Details
| MLS® Number | X12057657 |
| Property Type | Multi-family |
| Neigbourhood | Byward Market |
| Community Name | 4001 - Lower Town/Byward Market |
| Features | Flat Site |
| Parking Space Total | 4 |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 8 |
| Bedrooms Total | 8 |
| Amenities | Separate Electricity Meters |
| Appliances | Dishwasher, Dryer, Water Heater, Microwave, Stove, Washer, Refrigerator |
| Basement Development | Unfinished |
| Basement Type | N/a (unfinished) |
| Exterior Finish | Brick Facing |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 3,000 - 3,500 Ft2 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 119 Ft ,7 In |
| Size Frontage | 44 Ft ,9 In |
| Size Irregular | 44.8 X 119.6 Ft |
| Size Total Text | 44.8 X 119.6 Ft|under 1/2 Acre |
4 - 1130 Wellington St West
Ottawa, Ontario K1Y 2Z3
4 - 1130 Wellington St West
Ottawa, Ontario K1Y 2Z3
Salesperson
(613) 862-1619
https://patricklamesse.sutton.com/
https://www.facebook.com/profile.php?id=518663134
https://www.linkedin.com/in/patrick-lamesse-b5a32753/
4 - 1130 Wellington St West
Ottawa, Ontario K1Y 2Z3
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April 06 2025 10:52:48
Ottawa Real Estate Board
Sutton Group - Ottawa Realty
