The Jennifer Jones Team, LPT Realty, Brokerage
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Ottawa, ON

279 ST ANDREW STREET

$1,399,900

Listed by
CENTURY 21 SYNERGY REALTY INC.
Darcy Whyte, Salesperson

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Detached at 279 ST ANDREW STREET, Ottawa, ON
279 ST ANDREW STREET, Ottawa, ON, photo 2279 ST ANDREW STREET, Ottawa, ON, photo 3

Property facts

Price
$1,399,900
Type
Detached
Bedrooms
0
Bathrooms
0
MLS®
X13517736
Status
active
Brokerage
CENTURY 21 SYNERGY REALTY INC.

About this home

Description provided by the listing brokerage

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.

Location

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