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22-24 ST FRANCIS STREET
Ottawa Ontario K1Y1W5 Canada

$1,800,000

Active Listing ID X12896488
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5,391 square feet
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Multi-family

$1,800,000

Active Listing ID X12896488
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22-24 ST FRANCIS STREET Turnkey income property in one of Ottawa's most sought-after neighbourhoods. This fully tenanted six unit building comprises two semi-detached buildings offering nine bedrooms across six units - three spacious two-bedroom units at No. 22 and three one-bedroom units (one with den) at No. 24 - generating strong income with excellent upside at renewal. Over $250, 000 in capital improvements since 2010 including a modern gas boiler, all-new electrical panels, vinyl siding and windows, a comprehensive drainage system, new retaining wall, and professionally renovated kitchens and bathrooms with hardwood and ceramic flooring throughout. Unit 3-22 features a rooftop terrace with composite decking, and Building 24 has a newly constructed rear staircase with exclusive use decks - both exceptional lifestyle additions rarely found in multi-residential. The 6, 225 sq ft lot (50 ft 124.5 ft) sits in the new N4B zone under Ottawa's 2026 Zoning By-law, presenting significant redevelopment or intensification potential while current income covers carrying costs. Eight dedicated parking spaces included. Steps to the Hintonburg shops along Wellington Street, the O-Train Bayview and Tunney's Pasture stations, the Ottawa River pathway, and a quick commute to the Civic Hospital and downtown. Low operating expenses and a proven rental market driven by young professionals, federal employees, and health care employees make this a compelling hold or build opportunity. Email today for the complete details. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Features
  • Cooling System: None
  • Heating Systems: Hot water radiator heat, Natural gas, Radiator
  • Additional Features
  • Basement
Listing Changed: 3/26/2026 9:10:50 PM GMT
Source Updated Date: 3/31/2026 6:09:59 PM GMT

Courtesy of: Carlos Fernando, Salesperson, ENGEL & VOLKERS OTTAWA