279 ST ANDREW Street, Lower Town - Sandy Hill — For Sale in Lower Town - Sandy Hill
0 bed · 0 bath · Investment for sale in Lower Town - Sandy Hill.
279 ST ANDREW Street, Lower Town - Sandy Hill, ON K1N 5G8
About This Property
Now for sale at 279 ST ANDREW Street in Lower Town - Sandy Hill: a 0-bedroom, 0-bathroom investment listed at $1,399,900.
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.
Property Specifications
| MLS® Number | X13517736 |
|---|---|
| Status | For Sale |
| List Price | $1,399,900 |
| Property Type | Commercial |
| Sub Type | Investment |
| Transaction Type | For Sale |
| Bedrooms | 0 |
| Bathrooms | 0 |
| Living Area | 0.135 sq ft |
| Address | 279 ST ANDREW Street, Lower Town - Sandy Hill, ON K1N 5G8 |
| City | Lower Town - Sandy Hill |
| Postal Code | K1N 5G8 |
Listing Contracted With: CENTURY 21 SYNERGY REALTY INC
