22-24 ST FRANCIS STREET

Ottawa, , K1Y1W5, Canada

$1,800,000

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.

EXTRAS: Washer, Dishwasher, Dryer, Hood Fan

Virtual Tour: https://carlosinottawa.com/listings/22-24-st-francis-street.html

Last updated on : Thursday 26th of March 2026 05:10:50 PM

ADDRESS

Street : 22-24 ST FRANCIS STREET

City : Ottawa

Country : Canada

Postal Code : K1Y1W5

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PROPERTY SUMMARY

Property ID : X12896488

Building Type : Multi-Family

Property Type : Multi-family

Parking : 8

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