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Jean Richer & Irene Bilinski
Bilingual Sales Representatives

279 ST ANDREW STREET Ottawa, K1N5G8

1,950K For sale

MLS ID: 1087370

Property Details

Rarely offered Purpose built 8 unit building that was turned to 6 unit after Fire Retrofit. One cool two story 3 bedroom unit currently Air B&B. Five slick unique large one bedroom apartments fully rented with great tenants. Apartment #8 is in the basement and used for storage & maintenance due to fire retrofit requirements. This building has been in the owners family for decades. Very charming period style throughout this great investment property. Parking is on the lot next door with space for up to ten cars at $100 per month at 281 St Andrew ( $400,000.00) along with the house at 277 St Andrew ($435,000.00) must be sold together as a package. Total listed price for the land assembly of three properties is $2,795,000. Total gross income for all three properties is $156,569.34 net income is $ 126,098.01 with all 8 parking rented ( $125.00/mth) showings Thursdays 1:00 to 2:30 including 277 St Andrew 48hr notice (id:6117)

Community Features


Learn More About "lower town"

This Multi-family property is located in the neighbourhood of Lower Town in the Ottawa area. Built in 1930, the property includes and is priced at $1,950,000.

When considering this Ottawa real estate, proximity to important landmarks and destinations can be one of the main factors in buying this home.


Consider the distance to some of the following areas:
University of Ottawa 1.27 KM
Downtown Ottawa 1.63 KM
City of Hull/Gatineau 2.01 KM
St. Laurent Mall 4.13 KM
Lansdowne Park 4.21 KM
Carleton University 5.46 KM
Algonquin College 11.18 KM
Bayshore Mall 13.4 KM
Place d'Orléans 14.43 KM
Canadian Tire Centre 24.12 KM

Also noting the proximity to various schools is important:

Priced at $1,950,000, you can own this Ottawa Multi-family property, for as little as ${{Data.ModgaeModel.MonthlyPayment}} monthly. Our real estate agents are available to answer any questions about this Lower Town, Ottawa home.



Amenities

Price 1,950K
Status For sale
Type Multi-family
Location 279 ST ANDREW STREET
Total Parking 0
Year Built 1930
Exterior Finish Brick, Wood
Heating Baseboard heaters
Foundation Type Stone
Brokerage CENTURY 21 GOLDLEAF REALTY INC.

Room and Dimesnions

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