295 ST. ANDREW STREET, Ottawa

2025-10-22
 

Quick Summary

Location
295 ST. ANDREW STREET, Ottawa, Ontario K1N5G8
Price
$1,100,000 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
1500 - 2000 sqft
Bedrooms:
7
Bathrooms:
3
Photo Link:

MLS®#X12476688

Property Description

Fantastic investment opportunity in the heart of Ottawa's historic Lowertown. This fully turnkey triplex is ideally situated just steps from the ByWard Market and the University of Ottawa, offering strong rental demand and consistent cash flow. Generating nearly $6,000 in monthly income when fully rented, with annual expenses of approximately $13,000 and an impressive $71,000 in annual gross income, this property delivers exceptional returns. Each unit features in-unit laundry, modern updates, and a well-maintained layout ideal for both tenants and long-term investors. The 2nd floor unit offers refinished hardwood floors, a new kitchen, and a renovated bathroom, along with a private balcony. The main floor features three spacious bedrooms and a full bath, while the lower-level unit includes one bedroom plus an additional office or den and a full bathroom. The lower unit is currently vacant, offering an immediate opportunity to rent at market value and further maximize income. Major improvements include a rooftop patio and new roof (2021), exterior cladding (2014), and windows (2011), ensuring minimal maintenance for years to come. The property also includes one dedicated parking spot, plus additional street parking available year-round (excluding winter months). Located in one of Ottawa's most desirable downtown neighbourhoods, close to transit, dining, shopping, and major institutions, this property stands out as a reliable income generator with strong appreciation potential. (id:32467)

Property Features

Building

  • Appliances: All
  • Basement Features: Apartment in basement
  • Basement Type: N/A
  • Cooling Type: None
  • Fireplace: No
  • Interior Size: 1500 - 2000 sqft
  • Building Type: Triplex
  • Stories: 2
  • Utility Water: Municipal water

Land

  • Land Size: 22.9 x 99 FT
  • Sewer: Sanitary sewer

Information entered by REAL BROKER ONTARIO LTD.
Listing information last updated on: 2025-10-24 22:56:06


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$500,000

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What is the deal exactly, with One Percent?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.

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Sheila Forward-Davis REALTOR®

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(613) 883-8098
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Stonebridge, Manotick, Westboro, Kanata, Greely, Nepean, Hunt Club South, Barrhaven, Riverside South, Stittsville, Richmond, Bells Corners, Findlay Creek, Leitrim, Country Place, Pineglen, Ottawa

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Ottawa, Nepean, Barrhaven, Findlay Creek, Blossom Park, Orleans, Kanata, Riverside South, Cumberland, Rockland, Manotick, Stittstville, Cornwall, Perth

Sergiu has been a Realtor® since 2012 and obtained his Broker license in 2015. He holds a Mas ...

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