Address
52 St Andrew Street, Ottawa, ON
Price
$ 1,329,000
Property Attributes
- ID#X13709820
- TypeMulti-Family
- Listing Status Active
- MunicipalityOttawa
- CityOttawa
- Area4001 - Lower Town/Byward Market
- Neighbourhood4001 - Lower Town/Byward Market
- Postal CodeK1N 5E9
- Style
- Price$ 1,329,000
- Bedrooms6
- Bathrooms4
- Half Bathrooms0
Data Source:
Canadian Real Estate Association (CREA)
Property Description
Investors, this is an exceptional opportunity. This fully renovated fourplex is situated in the heart of downtown Ottawa, offering a high walk score and unparalleled access to Sussex Drive, the Byward Market, the Ottawa River/Canal, and the Rideau Centre. Residents will enjoy immediate proximity to restaurants, shopping, public transit, and essential amenities. This turnkey property is a strong income-generating asset in a high-demand rental market, featuring three fully occupied units and one lucrative Airbnb unit - two two-bedroom and two one-bedroom apartments. Each unit has been thoughtfully upgraded with contemporary kitchens, stainless steel appliances, spacious living areas, and modern full bathrooms, designed for comfortable urban living. An added advantage is the on-site parking at the rear of the building, a highly sought-after feature in this desirable downtown location. This turnkey fourplex is a high-performing income-generating property, bringing in $8,355 to $10,500/month ($100,266 to $126,000/year) depending on seasonal demand, with low expenses making it a fantastic investment opportunity in a prime location. With the added flexibility of creative financing options, including VTB possibilities, this is a rare opportunity to secure a truly unique property. Don't miss your chance - schedule a private showing today! (id:7434)
General Features
| Property Type | Multi-family |
|---|---|
| CommunityName | 4001 - Lower Town/Byward Market |
| Building Age | 100+ years |
| Building Appliances | Water Heater, Dishwasher, Furniture, Microwave, Stove, Refrigerator |
| Building Cooling Type | Wall unit |
| Location Description | Cross Streets: St Andrew St / Parent Ave. ** Directions: Head North on Sussex Dr - Turn right on St Andrew - Property is on the right. |
| Parking Space Total | 4 |
| Foundation Type | Stone |
| Building Type | Fourplex |
| Building.StoriesTotal | 2 |
Interior Features
| Building Fireplace Present | False |
|---|---|
| Building Heating Type | Radiant heat |
| Building Heating Fuel | Natural gas |
| Basement Development | Partially finished |
| Basement Type | N/A (Partially finished) |
| Living Area Range | 2000 |
| Bedrooms | 6 |
Exterior Features
| Sewer | Sanitary sewer |
|---|---|
| Exterior Finish | Stone, Stucco |
Room Details
| Room | Dimensions | Level | Flooring | Details |
|---|---|---|---|---|
| Bedroom | 2.43 m x 3.04 m | Main level | 3.04 m | |
| Kitchen | 3.81 m x 3.35 m | Main level | 3.35 m | |
| Living room | 3.04 m x 3.96 m | Main level | 3.96 m |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in K1N 5E9
Price
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