Mirna Botros

613-600-2626

52 St Andrew Street - $1,470,000

52 St Andrew Street

$1,470,000

4001 - Lower Town/Byward Market

Ottawa, OntarioK1N5E9

6 beds

4 baths

4 parking

MLS#: X12921288Listed: about 7 hours agoUpdated:about 7 hours ago

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:58075)

Details

Details for 52 St Andrew Street, Ottawa, Ontario

Property Type: Multi Family
Building Type: Fourplex
Storeys: 2
Neighborhood: 4001 - Lower Town/Byward Market
Land Size: 33 x 100.5 FT
Year Built: -
Annual Property Taxes: $10,155
Parking Type: No Garage

Inside

Appliances: Refrigerator, Dishwasher, Stove, Microwave, Furniture, Water Heater
Rooms: 7
Bedrooms: 6
Bathrooms: 4
Fireplace: -
Fireplace Total: -
Basement: Partially finished, N/A

Building

Architecture Style: -
Direction: Cross Streets: St Andrew St / Parent Ave. ** Directions: Head North on Sussex Dr - Turn right on St Andrew - Property is on the right.
Type of Dwelling: fourplex
Roof: -
Exterior: Stone, Stucco
Foundation: Stone
Flooring: -