$799,000

227-229 St. Patrick Street

Lower Town/Byward Market, Ottawa, ON K1N5K2 · MLS® X13636552

  • 4Parking

About this property

Attention builders, investors, and developers! A rare opportunity awaits in the heart of Ottawa's iconic ByWard Market. This prime property is surrounded by the city's best restaurants, shops, and nightlife-offering unbeatable convenience and appeal. With R4UD zoning in place, the potential for redevelopment is wide open, whether you're envisioning a modern multi-unit building, mixed-use project, or a strategic addition to your investment portfolio. Properties like this don't come around often-capitalize on this thriving, high-demand area and bring your next big project to life! (id:65933)

Type
Triplex
Category
Multi-family
Annual taxes
$6,332
Updated
Aug 4, 2026

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Estimate only, not financial advice. Rent is reduced by vacancy, then management is taken on the rent collected; net operating income = that, less property tax and other costs; cap rate = net operating income ÷ price; cash flow also subtracts the mortgage (semi-annual compounding, as Canadian mortgages use). Vacancy default: CMHC Rental Market Report, Ottawa, October 2025.

Listed by Realtris Inc..

Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.

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