For Sale Multi-Family

225 St. Patrick Street

$2,925,000 Est. $12,951/mo ↓

Ottawa, Ontario K1N 5K2

Price reduced $25,000 on August 18, 2026

3,638 sqft Interior
Bldg=33 X 110 Ft Lot size
1 day ago Listed
Virtual tour None Radiant Heat

About this home

Exceptional investment opportunity in the heart of Ottawa's vibrant ByWard Market. This well-maintained 9-unit building offers strong rental demand, stable income potential, and excellent long-term appreciation in one of the city's most sought-after downtown locations. Ideal opportunity for investors looking to add a solid multi-family asset to their portfolio. Numerous recent capital improvements include front porch (2026), rear addition (2023), and several interior upgrades throughout the years. Excellent suite mix with reliable tenants already in place, offering steady cash flow with future rental upside potential. Highly desirable rental location popular with hospital staff, young professionals, and students seeking convenient downtown living. Property features some on-site parking and is within walking distance to transit, restaurants, shopping, universities, entertainment, and major employment centres .Rare opportunity to own a turnkey income-producing property in the heart of Ottawa's ByWard Market area. 48 hours notice required for all showings. 48 hours irrevocable on all offers. Rent roll and financials available upon request. (id:28469)

Facts & features

Property

MLS® Number
X13148126
Property Type
Multi-family
Neighbourhood
Byward Market
Community Name
4001 - Lower Town/Byward Market

Building

Cooling Type
None
Heating Type
Radiant Heat
Size Exterior
3638.2 Sqft
Size Interior
3,638 Sqft
Type
Multi-family
Utility Water
Municipal Water

Parking

Other

Land

Acreage
No
Size Depth
110 Ft
Size Frontage
33 Ft
Size Irregular
Bldg=33 X 110 Ft
Size Total Text
Bldg=33 X 110 Ft
Zoning Description
Commercial, Multi Unit

The Lower Town/Byward Market market

81 Active listings
$499,900 Median asking price
485% above median This home
45 days Avg. time on market
Browse all Lower Town/Byward Market listings →

Monthly payment estimate

$
Estimated payment per month
Mortgage amount
Total interest

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment
$12,951/mo
Ontario land transfer tax
$59,600 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

Location

225 St. Patrick Street, Ottawa, Ontario K1N 5K2  ·  Get directions

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