Welcome to 277 St. Patrick Street, a charming semi-detached duplex in the heart of downtown Ottawa! An excellent opportunity for investors looking to add an income-generating property to their portfolio in a highly desirable central location.Featuring two self-contained units, each with its own private entrance, and in-unit laundry, this property offers convenience, privacy, and a practical setup for both tenants and investors. Both units are currently rented for $1,800 per month each, generating $3,600 in monthly rental income ($43,200 annually).The main-floor unit features a functional 1-bedroom layout with a kitchen, 3-piece bathroom, in-unit laundry, and direct access to an outdoor deck.The upper-level unit offers 2 bedrooms, bright living spaces, charming exposed brick accents, an efficient kitchen, 3-piece bathroom, in-unit laundry, and a private balcony, creating a comfortable and inviting living space.Located just steps from the ByWard Market and minutes from Parliament Hill, Rideau Centre, restaurants, cafés, shopping, and public transit, this property puts tenants in the centre of everything downtown Ottawa has to offer.With two income-producing units already in place, separate hydro meters, and a prime downtown location, 277 St. Patrick Street presents a great opportunity to invest in Ottawa's rental market. Don't miss your chance to add this centrally located duplex to your investment portfolio! (id:28469)
Facts & features
Property
MLS® Number
X13152692
Property Type
Multi-family
Neighbourhood
Byward Market
Community Name
4001 - Lower Town/Byward Market
Parking Space Total
2
Building
Bathroom Total
2
Bedrooms Above Ground
3
Bedrooms Total
3
Appliances
Water Heater
Basement Development
Unfinished
Basement Type
Full (unfinished)
Exterior Finish
Stone
Foundation Type
Poured Concrete, Concrete
Heating Fuel
Electric
Heating Type
Baseboard Heaters
Stories Total
2
Size Interior
1,100 - 1,500 Sqft
Type
Duplex
Utility Water
Municipal Water
Parking
Other
—
Garage
—
Land
Acreage
No
Sewer
Sanitary Sewer
Size Depth
110 Ft ,3 In
Size Frontage
14 Ft ,2 In
Size Irregular
14.2 X 110.3 Ft
Size Total Text
14.2 X 110.3 Ft
Monthly payment estimate
$
Estimated payment—per month
Mortgage amount
—
Total interest
—
Down payments under 20% typically require mortgage default insurance (CMHC), which is not included in this estimate.
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
$2,325/mo
Ontario land transfer tax
$6,975 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.