227-229 St. Patrick Street, Ottawa, Ontario, K1N5K2




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$799,000
Ottawa
This multi-family property in Ottawa is for sale.
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:66096)
Long Listed: 92 days on market, against an average age of 62 days across the listings currently for sale in this city
This multi-family in Ottawa is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $799,000, about 12.5× the local median household income of $64,000.
Carrying it typically needs a household income of about $156,073 (20% down, 25-yr amortization, stress-tested) — roughly 144% above the area median.
Source: Statistics Canada, 2021 Census (FSA K1N)
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Loading rates, 30-yr amortization
Cash Needed to Close
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