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 four fully occupied units - 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 $7,940/month ($95,280/year) in rental income 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!
Address
52 St Andrew Street
List Price
$1,495,000
Property Type
Residential Freehold
Type of Dwelling
Fourplex
Style of Home
2-Storey
Area
Lower Town - Sandy Hill
Sub-Area
4001 - Lower Town/Byward Market
County
Ottawa
Bedrooms
6
Bathrooms
4
Floor Area
2000 - 2500 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
100.5
Lot Size Units
Feet
Lot Width
33
Approx. Age
100+ Years
MLS® Number
X12081985
Listing Brokerage
EXP REALTY
Basement Area
Partially Finished
Postal Code
K1N 5E9
Parking Places (Total)
4
Tax Amount
$8,370.00
Tax Year
2024
Interior Features
Water Heater Owned
Heat Source
Gas
Heat Type
Radiant
Cooling Features
Wall Unit(s)
Construction Materials
Stone, Stucco (Plaster)
Direction Faces
South
Foundation Details
Stone
Garage Type
None
Kitchens Total
4
Pool Features
None
Roof
Other
Sewer
Sewer
