Rare opportunity to acquire a large parcel in one of Ottawa's most strategic downtown locations. This solid six-unit building features five 1-bedroom units and one spacious 3-bedroom unit, with the sale also including the adjacent parking lot, creating a substantial land holding just minutes from Parliament Hill, Foreign Affairs, the ByWard Market, the University of Ottawa, and countless shops, restaurants, and employment hubs. The property can be taken over as a turnkey income-producing investment with all units currently tenanted, providing immediate rental revenue, or reimagined as a future redevelopment site in a highly desirable urban location. Combined with the generous yard and parking area, this offering presents exceptional potential for investors, developers, and land bankers alike. Property is being sold in "as-is, where-is" condition. 6.2% cap rate. All units are tenanted and a minimum of 24 hours' notice is required for all showings. (id:25961)
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Rooms
| Level | Type | Dimensions |
|---|
Details
- Amenities Nearby: Public Transit
- Transaction: For sale
- Zoning Description: Residential R4T
Building
- Cooling: None
- Fireplace Present: False
- Heating: Baseboard heaters
- Type: Multi-Family
- Utility Water: Municipal water
Land
- Amenities: Public Transit
- Size Frontage: 59 ft ,5 in
- Size Irregular: 0.135
- Size Total: 0.135 ac
Listing provided by CENTURY 21 SYNERGY REALTY INC
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 279 ST ANDREW STREET in Ottawa Ontario. It was last modified on July 3rd, 2026. Contact Biju George to schedule a viewing or to discover other Ottawa homes for sale.