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$1,800,000
ActiveAbout this Property
- The 6,225 sq ft lot (50 ft 124
- Turnkey income property in one of Ottawa's most sought-after neighbourhoods
- Eight dedicated parking spaces included
Turnkey income property in one of Ottawa's most sought-after neighbourhoods. This fully tenanted six unit building comprises two semi-detached buildings offering nine bedrooms across six units - three spacious two-bedroom units at No. 22 and three one-bedroom units (one with den) at No. 24 - generating strong income with excellent upside at renewal. Over $250,000 in capital improvements since 2010 including a modern gas boiler, all-new electrical panels, vinyl siding and windows, a comprehensive drainage system, new retaining wall, and professionally renovated kitchens and bathrooms with hardwood and ceramic flooring throughout. Unit 3-22 features a rooftop terrace with composite decking, and Building 24 has a newly constructed rear staircase with exclusive use decks - both exceptional lifestyle additions rarely found in multi-residential. The 6,225 sq ft lot (50 ft 124.5 ft) sits in the new N4B zone under Ottawa's 2026 Zoning By-law, presenting significant redevelopment or intensification potential while current income covers carrying costs. Eight dedicated parking spaces included. Steps to the Hintonburg shops along Wellington Street, the O-Train Bayview and Tunney's Pasture stations, the Ottawa River pathway, and a quick commute to the Civic Hospital and downtown. Low operating expenses and a proven rental market driven by young professionals, federal employees, and health care employees make this a compelling hold or build opportunity. Email today for the complete details.
Listed by ENGEL & VOLKERS OTTAWA · MLS# X12896488
About Hintonburg
Hintonburg is Ottawa's most creatively charged neighbourhood, a rapidly evolving community where artist studios, craft breweries, and independent businesses share space with heritage workers' cottages and modern condo developments. Located just east of Westboro along Wellington Street West, Hintonburg has undergone a remarkable transformation over the past decade, evolving from an underrated working-class neighbourhood into one of the city's most exciting places to live, eat, and create.
Features & Details
Property details of 22-24 St Francis Street, Ottawa, ON
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Akash Sharma
REALTOR® · Ali Realty Group Inc.
Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.
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