292-294 Clarence Street, Ottawa, photo 1 1 / 24

$799,900

292-294 Clarence Street

Lower Town, Ottawa, ON K1N5R3 · MLS® X13705038

  • 6Bedrooms
  • 2Bathrooms
  • 2Parking

About this property

BOTH 292 & 294 Clarence Street for sale together. An exceptional opportunity to own this 2x semi-detached property in the heart of Ottawa's vibrant ByWard Market. Rarely does a full side-by-side building become available in this prime downtown location. Whether you're an investor looking to expand your portfolio, a buyer seeking multi-generational living, or someone wanting to live in one unit while generating rental income from the other, this property delivers flexibility and long-term upside. Situated steps from the Market, restaurants, cafés, public transit, and Ottawa's core amenities, the location ensures strong rental demand and walkability. With two separate units under one roof, the possibilities include: dual income streams, redevelopment, sever the buildings and re-list one half, or future value appreciation in one of the city's most established neighbourhoods. Furnace/AC x2 2005, Roof 2020, total repaint 2025, new flooring in 292 main floor 2025, HWT approx 10yrs old. Re-shoring the cement, parging and brickwork on the east wall of #294 2026. (id:65933)

Type
House
Category
Single Family
Annual taxes
$4,082
Updated
Aug 23, 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 Exp Realty.

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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