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297 ST PATRICK STREET
4001 - Lower Town/Byward Market Ottawa K1N 5K4

$1,699,999
Multi-family 9,200 sq. ft.

Main Photo: 297 ST PATRICK STREET, Ottawa
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Status:
Active
Prop. Type:
Multi-family
MLS® Num:
X12319517
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. (id:2493)
Property Type:
Multi-family
Property Attached:
Yes
Total Living Area:
9,200 sq. ft.
Total Building Area:
9,200 sq. ft.
Zoning:
R4S
Taxes:
$14,226.47 / 2024
Community:
4001 - Lower Town/Byward Market
Structure Type:
Multi-Family
Fireplace:
No
Heating:
Forced air, Natural gas
Water:
Municipal water
Lot Frontage:
33'4"
Lot Details:
Bldg=33.32 x 112.66 FT
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Listed by SUTTON GROUP - OTTAWA REALTY
Data was last updated August 2, 2025 at 11:15 AM (UTC)
Area Statistics
Listings on market:
16
Avg list price:
$774,450
Min list price:
$749,000
Max list price:
$1,798,000
Avg days on market:
58
Min days on market:
1
Max days on market:
123
Avg price per sq.ft.:
$299.1
These statistics are generated based on the current listing's property type and located in 4001 - Lower Town/Byward Market. Average values are derived using median calculations. This data is not produced by the MLS® system.
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