$1,800,000
FOR SALE

Investment

Lot: 50 x 124.5 ft
2025 Taxes: $14,893.9

22-24 St Francis St
West Centre Town, ON K1Y 1W5 | 4203 - Hintonburg | Ottawa

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.
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Listed By ENGEL & VOLKERS OTTAWA
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X12896488
Last Updated Mar 26, 2026
Property Summary
Property Type Investment

More like this:
Use Apts - 6 To 12 Units
PIN 040930160
Legal Description LT 5, PL 195 ; OTTAWA/NEPEAN
Taxes (2025) $14,893.9
Directions/Cross Streets GLADSTONE & ST FRANCIS
Neighbourhood 4203 - Hintonburg
Area Ottawa
Price History

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Detailed Information
Freestanding Y
Lot 50 x 124.5 ft
Air Conditioning No
Basement Basement
Chattels Y
Garage Type None
Parking Spaces 8
Heat Type Gas Hot Water
Financial Statement Y
Sewers Sanitary+Storm
Survey Y

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