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22-24 St Francis Street, West Centre Town, ON K1Y 1W5

West Centre Town, ON, K1Y 1W5 · 4203 - Hintonburg

Sq Ft
8 Parking
Investment Type
X12896488 MLS#

About this property

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.

Features & Amenities

  • Garage: None
  • Cooling: No
  • Heat Type: Gas Hot Water
  • Sewer: Sanitary+Storm

Property Details

Property Type Commercial
Property Sub-Type Investment
Garage None
Parking Spaces 8
Heat Type Gas Hot Water
Cooling No
Sewer Sanitary+Storm
Annual Tax $14,894
Tax Year 2025

Building & Construction

Approximate Age
100+
Building Area Total
5391

Heating & Cooling

Heat Type
Gas Hot Water
Cooling
No

Parking & Garage

Garage Type
None
Parking Spaces
8

Lot & Land

Lot Size Units
Feet
Lot Depth
124.50
Lot Width
50.00

Community & Neighborhood

Community Features
Major Highway, Public Transit

Financial & Tax

Tax Annual Amount
$14,894
Tax Year
2025
Possession Type
Flexible

Utilities & Services

Sewer
Sanitary+Storm
Utilities
Yes

Additional Details

Occupant Type
Tenant
County Or Parish
Ottawa
Cross Street
GLADSTONE & ST FRANCIS
Directions
GLADSTONE OR FAIRMONT TO ST. FRANCIS
Showing Requirements
Showing System

Location

22-24 St Francis Street, West Centre Town, ON K1Y 1W5, West Centre Town, ON, K1Y 1W5

Listing courtesy of ENGEL & VOLKERS OTTAWA
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