MLS#: X12896488Listed: about 4 hours agoUpdated:about 4 hours ago
Description
Turnkey income property in one of Ottawa's most sought-after neighbourhoods. This fully tenanted six unit building comprises two semi-detached buildings offering nine bedrooms across six units - three spacious two-bedroom units at No. 22 and three one-bedroom units (one with den) at No. 24 - generating strong income with excellent upside at renewal. Over $250,000 in capital improvements since 2010 including a modern gas boiler, all-new electrical panels, vinyl siding and windows, a comprehensive drainage system, new retaining wall, and professionally renovated kitchens and bathrooms with hardwood and ceramic flooring throughout. Unit 3-22 features a rooftop terrace with composite decking, and Building 24 has a newly constructed rear staircase with exclusive use decks - both exceptional lifestyle additions rarely found in multi-residential. The 6,225 sq ft lot (50 ft 124.5 ft) sits in the new N4B zone under Ottawa's 2026 Zoning By-law, presenting significant redevelopment or intensification potential while current income covers carrying costs. Eight dedicated parking spaces included. Steps to the Hintonburg shops along Wellington Street, the O-Train Bayview and Tunney's Pasture stations, the Ottawa River pathway, and a quick commute to the Civic Hospital and downtown. Low operating expenses and a proven rental market driven by young professionals, federal employees, and health care employees make this a compelling hold or build opportunity. Email today for the complete details. (id:58075)
Details
Details for 22 24 St Francis Street, Ottawa, Ontario
Property Type
Multi Family
Building Type
Multi Family
Storeys
-
Neighborhood
4203 - Hintonburg
Land Size
50 x 124.5 FT
Year Built
-
Annual Property Taxes
$14,894
Parking Type
-
Inside
Appliances
Washer, Dishwasher, Dryer, Hood Fan
Rooms
-
Bedrooms
-
Bathrooms
0
Fireplace
-
Fireplace Total
-
Basement
-
Building
Architecture Style
-
Direction
Cross Streets: GLADSTONE & ST FRANCIS. ** Directions: GLADSTONE OR FAIRMONT TO ST. FRANCIS.
Type of Dwelling
multi_family
Roof
-
Exterior
-
Foundation
-
Flooring
-
Land
Sewer
-
Lot Size
50 x 124.5 FT
Zoning
-
Zoning Description
N4B
Parking
Features
-
Total Parking
8
Utilities
Cooling
None
Heating
Hot water radiator heat, Natural gas, Radiator
Water
Municipal water
Feature Highlights
Community
-
Lot Features
-
Security
-
Pool
-
Waterfront
-
Rooms
Rooms for 22 24 St Francis Street, Ottawa, Ontario