296 St Patrick Street – Lower Town / Byward Market

Price: $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.

Property listings with Serge Papineau

    General Description

  • Status Apartment 5+
  • ML Number 1239464
  • Type of Dwelling 5 unit multi
  • District/Neighbourhood # 4001 - Lower Town
  • Neighbourhood Name Lower Town / Byward Market
  • Fronting On East
  • Condo Fees Include yes
  • Lot Size 36.22 ' x 100.19 '
  • Zoning Designation R5N
  • Legal Description PT LT 24, PL 42482 , S ST PATRICK ST, AS IN N690222 ; OTTAWA.
  • Features

  • Age Description Approx 1962
  • Number of Parking Spaces 4
  • Number of Coverd Spaces 1
  • Parking Description Surfaced
  • Fire Retrofit Yes
  • Exterior Finish Brick
  • Foundations Poured Concrete
  • Roofing Type Membrane
  • Flooring 3
  • Neighbourhood influences Rideau 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 Description Radiant
  • Heating Fuel Natural Gas
  • Water Supply Municipal
  • Sewer Type Sewer Connected

Status
Apartment 5+
ML Number
1239464
Type of Dwelling
5 unit multi
District/Neighbourhood#
4001 – Lower Town
Neighbourhood Name
Lower Town / Byward Market
Fronting On
East
Condo Fees Include
yes
Lot Size
36.22 ‘ x 100.19 ‘
Zoning Designation
R5N
Legal Description
PT LT 24, PL 42482 , S ST PATRICK ST, AS IN N690222 ; OTTAWA.
Age Description
Approx 1962
Number of Parking Spaces
4
Exterior Finish
Brick
Foundation
Poured Concrete
Roofing Type
Membrane
Roofing Type
Membrane
Heat Description
Radiant
Heating Fuel
Natural Gas
Water Supply
Municipal
Sewer Type
Sewer Connected