For sale
Fourplex

52 St Andrew Street

$1,575,000
Ottawa, Ontario, K1N 5E9

Overview

  • Updated On:
  • March 25 2025
  • MLS® Number
  • X12016660
  • 6 Bedrooms
  • 4 Bathrooms

Description

Investors, this is an exceptional opportunity. This fully renovated fourplex is situated in the heart of downtown Ottawa, offering a high walk score and unparalleled access to Sussex Drive, the Byward Market, the Ottawa River/Canal, and the Rideau Centre. Residents will enjoy immediate proximity to restaurants, shopping, public transit, and essential amenities. This turnkey property is a strong income-generating asset in a high-demand rental market, featuring four fully occupied units - two two-bedroom and two one-bedroom apartments. Each unit has been thoughtfully upgraded with contemporary kitchens, stainless steel appliances, spacious living areas, and modern full bathrooms, designed for comfortable urban living. An added advantage is the on-site parking at the rear of the building, a highly sought-after feature in this desirable downtown location. This turnkey fourplex is a high-performing income-generating property, bringing in $7,940/month ($95,280/year) in rental income with low expenses, making it a fantastic investment opportunity in a prime location. With the added flexibility of creative financing options, including VTB possibilities, this is a rare opportunity to secure a truly unique property. Don't miss your chance - schedule a private showing today! (id:57887)

Price:
Price Info:
Property Type: Multi-family
Building Type: Fourplex
Storeys: 2
Neighbourhood: Byward Market
Appliances
Water Heater
Dishwasher
Microwave
Stove
Refrigerator
Cooling & Heating
Natural gas
Radiant heat
Wall unit
ExteriorFinish
Stone
Stucco
$ 8,075.34
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 6,106.59
Bedroom
BedroomsAboveGround: 6
BedroomsTotal: 6
Bathroom
BathroomTotal: 4
Basement
BasementDevelopment: Partially finished
BasementType: N/A (Partially finished)
Size
SizeInterior: 1999.983 - 2499.9795 sqft
Construction
Age: 100+ years
FoundationType: Stone
Utility
UtilityWater: Municipal water
Acreage: No
Sewer: Sanitary Sewer
SizeDepth: 100 Ft ,6 In
SizeFrontage: 33 Ft
SizeIrregular: 33 X 100.5 Ft
SizeTotalText: 33 X 100.5 Ft
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