For Sale

297 St Patrick Street, Lower Town - Sandy Hill, Ontario K1N 5K4

$1,699,999

297 St Patrick Street, Lower Town - Sandy Hill, Ontario K1N 5K4 is For Sale and has a listing price of 1,699,999. The property is located in the Byward Market neighbourhood . It's been on the website for 110 Days.

  • Investment
    Property Type
  • MLS ID: X12319517
  • Office Name SUTTON GROUP - OTTAWA REALTY
Property Description

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.

Property Details
  • MLS ID: X12319517
  • Price: $1,699,999
  • Lot Depth: 112.66
  • Transaction Types: For Sale
  • Ref ID: X12319517
  • Year Built: N/A
  • Dir / Cross St: St Patrick & Cumberland
  • Status: Active
  • Tax Year: 2025
  • Property Type: Investment
  • Property Type: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
08/01/2025 X12319517 $1,699,999 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Byward Market
  • $806,130 Average List Price
    based on 1 year
  • 9 New Listings
    based on 30 days
  • 25 Median Days on Market
    based on 1 year
  • List vs. Selling Price 4.09 % Up
  • Sold (12mo) 20
  • Rented (12mo) 35

  • 1 Month Change -
  • 3 Month Change -
  • 6 Month Change -100.0%
Walkscore
Additional Details
  • Heat Type Y
  • Garage Type Y
  • Taxes: $14,226
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 01/08/2025 14:46:47
  • Property Mgmt Co: Filament Realty Management Inc.
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