22-24 ST FRANCIS STREET
Ottawa, Ontario
MLS® X12896488
$1,650,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X12896488
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 39Listing 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.
Property summary
- MLS® number
- X12896488
- Property type
- Multi-family
- Building type
- Multi-Family
- Square footage
- 5,391 sq ft
- Land size
- 50 x 124.5 FT
- Annual property taxes
- $14,893.90
- Parking
- 8 spaces
- Days on market
- 161 days
Features & details
- Heating
- Hot water radiator heat, Natural gas, Radiator
- Cooling
- None
- Appliances
- Washer, Dishwasher, Dryer, Hood Fan
What would this home cost you?
Based on the $1,650,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of ENGEL & VOLKERS OTTAWA, OTTAWA.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.