296 St Patrick Street

$1,250,000

This one checks every box! Purpose-built, all brick, cashflow positive 5 unit multi in the heart of downtown Ottawa. Located in a trendy section of downtown that has undergone a major revitalization over the past few years, this turn-key multi is just steps from the historic Byward Market and Rideau Canal, not to mention some of the best boutique shops, cafes, pubs, yoga studios and fine dining the Nation’s Capital has to offer. The building’s prime location and bright, spacious units effortlessly attract high quality tenants, making it a low-maintenance cash cow with huge upside. Truly the best of both worlds. 

296 Saint Patrick Street

Walker’s Paradise

Explore Rideau-vanier on Walk Score

General Description

StatusApartment 5+
ML Number1239464
Type of Dwelling5 unit multi
District/Neighbourhood #4001 - Lower Town
Neighbourhood NameLower Town / Byward Market
Fronting OnEast
Lot Size36.22 ' x 100.19 '
Zoning DesignationR5N
Legal DescriptionPT LT 24, PL 42482 , S ST PATRICK ST, AS IN N690222 ; OTTAWA.

Features

Age DescriptionApprox 1962
Number of Storeys3
Number of Covered Spaces1
Total Parking4
Parking DescriptionSurfaced
Fire RetrofitYes
Number of Hydro Meters5
Exterior FinishBrick
FoundationPoured Concrete
Roofing TypeMembrane
Neighbourhood InfluencesRideau Shopping Centre, Rideau Canal, Byward Market, Independent cafes, Fine dining, Nightlife, Yoga studios, Boutique clothing stores, LRT/public transit, "Walker's Paradise"

Utility Information

Heat DescriptionRadiant
Heating FuelNatural Gas
Water SupplyMunicipal
Sewer TypeSewer Connected