22-24 St Francis ST, West Centre Town, ON K1Y 1W5
22-24 St Francis ST, West Centre Town, ON K1Y 1W5
22-24 St Francis ST, West Centre Town, ON K1Y 1W5
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Tyler Verheul

Tyler Verheul

+1(613) 797-0208
$1,650,000
Est. payment /mo
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Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Subdivision 4203 - Hintonburg

MLS Listing ID X12896488

Annual Tax Amount $14,893

Tax Year 2025

Property Sub-Type Investment

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.

Location

Province ON

County Ottawa

Area Ottawa

Zoning N4B

Interior

Cooling No

Inclusions 6 stoves, 6 fridges, 6 hood fans, video surveillance system, lockbox, 1 dishwasher, 1 washer, 1 dryer.

Exterior

Parking Features None

Community Features Major Highway, Public Transit

Utilities Available Yes

Building

Building Age 100+

Lot Description Lot

Others

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Lited by ENGEL & VOLKERS OTTAWA

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Tyler Verheul

More buyers are choosing LPT Realty for one simple reason — results. With a focus on personalized service, expert guidance, and a modern approach to real estate, we make every step of the process smooth, smart, and stress-free. Discover what sets us apart.

+1(613) 797-0208

tyler@tylervproperties.ca

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22-24 St Francis ST

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