22-24 ST FRANCIS STREET, Ottawa

2026-03-18
 

Quick Summary

Location
22-24 ST FRANCIS STREET, Ottawa, Ontario K1Y1W5
Price
$1,650,000 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
5391 sqft
Garages:
8
Photo Link:
Video Link:

MLS®#X12896488

Property Description

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. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Highway, Public Transit

Building

  • Appliances: Dishwasher, Dryer, Hood Fan, Washer
  • Cooling Type: None
  • Fireplace: No
  • Interior Size: 5391 sqft
  • Building Type: Multi-Family
  • Utility Water: Municipal water

Land

  • Land Size: 50 x 124.5 FT

Zoning

  • Description: N4B

Information entered by ENGEL & VOLKERS OTTAWA
Listing information last updated on: 2026-06-10 21:23:43


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