22-24 St Francis Street,West Centre Town, ON K1Y 1W5
West Centre Town, ON K1Y 1W5
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.
Details
| MLS # | X12896488 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Sold Conditional |
| Year | 0 |
| Days On Site | 159 |
| Listing Provided By | ENGEL & VOLKERS OTTAWA | X12896488 487800 |
Features
| SQ Feet | 5,391 |
|---|---|
| Acreage | 0.12 |
Interior
| Cooling | No |
|---|
Exterior
| Community Features | Major Highway, Public Transit |
|---|---|
| Security Features | No |
Utilities
| Utilities | Yes |
|---|---|
| Sewer | Sanitary+Storm |
Taxes
| Tax Annual Amount | 14893.9 |
|---|---|
| Tax Type | Annual |
| Tax Legal Description | LT 5, PL 195 ; OTTAWA/NEPEAN |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| County | Ottawa |
| City | West Centre Town |
| Postal Code | K1Y 1W5 |
| Area | 4203 Hintonburg |
| Listing VS Median (in K1Y 1W5) | |
Price: $1,650,000 low | high Med: $1,650,000 sqft: 5,391 low | high Med: 5,391 $ / sqft: $306 low | high Med: $306 On site: 159 low | high Med: 159 | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Ottawa |
| City | West Centre Town |
| Postal Code | K1Y 1W5 |
| Area | 4203 Hintonburg |
| Listing VS Median (in K1Y 1W5) | |
Price: $1,650,000 low | high Med: $1,650,000 sqft: 5,391 low | high Med: 5,391 $ / sqft: $306 low | high Med: $306 On site: 159 low | high Med: 159 | |
