279 ST ANDREW STREET, Ottawa, Ontario
$1,399,900
Rare opportunity to acquire a large parcel in one of Ottawa's most strategic downtown locations. This solid six-unit building features five 1-bedroom units and one spacious 3-bedroom unit, with the sale also including the adjacent parking lot, creating a substantial land holding just minutes from Parliament Hill, Foreign Affairs, the ByWard Market, the University of Ottawa, and countless shops, restaurants, and employment hubs. The property can be taken over as a turnkey income-producing investment with all units currently tenanted, providing immediate rental revenue, or reimagined as a future redevelopment site in a highly desirable urban location. Combined with the generous yard and parking area, this offering presents exceptional potential for investors, developers, and land bankers alike. Property is being sold in "as-is, where-is" condition. 6.2% cap rate. All units are tenanted and a minimum of 24 hours' notice is required for all showings. (id:25961)
- Listing ID: X13517736
- Property Type: Multi-family
Schedule a Tour
Schedule Private Tour
Caroline Johnson would happily provide a private viewing if you would like to schedule a tour.
Match your Lifestyle with your Home
Contact Caroline Johnson, who specializes in Ottawa real estate, on how to match your lifestyle with your ideal home.
Get Started Now
Lifestyle Matchmaker
Let Caroline Johnson find a property to match your lifestyle.
Listing provided by CENTURY 21 SYNERGY REALTY INC
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.
This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 279 ST ANDREW STREET in Ottawa Ontario. It was last modified on July 3rd, 2026. Contact Caroline Johnson to schedule a viewing or to discover other Ottawa homes for sale.